Quote:
Originally Posted by collie1228
Interesting to read that Boeing is asking for a $60 Billion bailout from the federal government. I also read in the Financial Times that between 2013 and the end of the first quarter of 2019, Boeing repurchased 200 million shares of its own stock, handing back $43 billion to its stockholders. The number of outstanding shares came down by 25 per cent. On top of that, the 737 Max debacle happened, causes solely by mismanagement at the highest levels, has cost them billions in profits as well. And now they want a bailout. If anyone should be refused a cash infusion from the government, it's Boeing.
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Yea, & I’m only asking for $5,000.