Perhaps fueling Boeing’s share declines, speculation had spread among investors that the company could be forced to file bankruptcy as a condition of federal aid, in a replay of the government’s General Motors rescue more than a decade ago, said Bank of America Corp. analyst Ron Epstein. While he views such a prospect as “unlikely,” the company’s share collapse underscored investor anxiety.
6 replies (most recent on top)
@ant
It would seem that this type of historical financial shenanigans is deliberate.
The end result repeats. The shareholders are wiped-out while the creditors being
“The Banks” are the sole Beneficiaries. Since this happens again and again
Occam's razor suggests that this whole scheme is by design, to suggest
otherwise is to ignore history.
One DUI can be a mistake; five DUI’s is a chronic drunk.
So why does this scheme, this crime continue to be allowed?
Who is paying for the politicians, the “Law-Makers” to be elected?
It is the corporations whose largest controlling interests are the
Investments Banks. If they are paying to have the laws written then their
Actions are not in violation of their laws.
How does a board of directors get selected? Who selects them?
What ties do they have to financial intuitions?
Conflicts of Interests…
Remember the Supreme Court decision Corporations Are People Too
https://www.theatlantic.com/business/archive/2018/03/corporations-people-adam-winkler/554852/
And
https://www.theatlantic.com/politics/archive/2012/07/the-supreme-court-still-thinks-corporations-are-people/259995/
Important information to be sure “intelligent” (I had forgotten GM history)
Thank You.
As to Boeing and other critical infrastructure industries the time to stop all
Stock Buy Back Practices in now. This needs to be outside of their control.
Corporation cannot be trusted to have any benevolent considerations of a society
They GM, Boeing and others have done tremendous harm without regulations.
The Wolf of Wall Street comes to mind. Jailing psychopaths after they cause
such harm is not sustainable. Time and time again they sow Chaos for all and on
a global level. This has to stop Now, once and for all.
GM history and here we are again
To further support Post ID: @kun+145qOd4b below, here is further information about Common Shares when a company files for bankruptcy/BK:
https://www.fool.com/knowledge-center/what-happens-to-stock-prices-after-exiting-bankrup.aspx
Not thinking of buying!! bankruptcy by 4/2.
Try not to read into it, just sharing information.
Thank you, was thinking about buying Boeing and other stocks because market is low right now.
Will be more careful.
Thanks for sharing...
INFO FOR ALL CURRENT AMD POTENTIAL "INVESTORS":
It wasn't overtly stated by the kind poster, but just know that when a company files for bankruptcy (BK), a typical result is ALL COMMON SHARES/STOCKS are WIPED OUT to shed debt. Usually, only PREFERRED STOCK/ SHARES are preserved and paid. Boeing will be a prime candidate to file BK. Shateholder equity and value will be decimated, and BA's credit rating reduced to "JUNK."
Do your own due dilligence, and Godspeed