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Will the US government nationalize Boeing?

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    PurpleThrobberPurpleThrobber Member Posts: 41,861
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    No. The government will not nationalize Boeing. They'll infuse with massive amounts of cash and mandate the terms.

    They'll do the same thing as they did with GM. They'll crush the shareholders, take a preferred equity position and restructure the debt. They'll bring in a new management team (MAD DOG! MAD DOG! MAD DOG!) and turn the ship around.

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    PurpleThrobberPurpleThrobber Member Posts: 41,861
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    No. The government will not nationalize Boeing. They'll infuse with massive amounts of cash and mandate the terms.

    They'll do the same thing as they did with GM. They'll crush the shareholders, take a preferred equity position and restructure the debt. They'll bring in a new management team (MAD DOG! MAD DOG! MAD DOG!) and turn the ship around.

    Will the CPAs go to gulag?
    Just the HondoFS ones.

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    creepycougcreepycoug Member Posts: 22,743
    First Anniversary 5 Up Votes 5 Awesomes Photogenic
    edited March 2020

    No. The government will not nationalize Boeing. They'll infuse with massive amounts of cash and mandate the terms.

    They'll do the same thing as they did with GM. They'll crush the shareholders, take a preferred equity position and restructure the debt. They'll bring in a new management team (MAD DOG! MAD DOG! MAD DOG!) and turn the ship around.

    This. If the government has to get involved in private industry, the least they can do is behave like a private investor. Since, you know, they're using private money with which to make the 'investment'.

    I remember reading the terms of the GM bailout preferred and they were brutal, as well they should have been.

    Even outside the context of a bailout, there is usually a reason why a company accepts capital on terms outlined in typical preferred stock. And that reason is that they need it. When you negotiate from a position of weakness, you get the cock in your ass. That's the way it should be.

    I'll say it again: current CEO should be fired for cause.
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    PurpleThrobberPurpleThrobber Member Posts: 41,861
    First Anniversary First Comment 5 Awesomes 5 Up Votes

    No. The government will not nationalize Boeing. They'll infuse with massive amounts of cash and mandate the terms.

    They'll do the same thing as they did with GM. They'll crush the shareholders, take a preferred equity position and restructure the debt. They'll bring in a new management team (MAD DOG! MAD DOG! MAD DOG!) and turn the ship around.

    This. If the government has to get involved in private industry, the least they can do is behave like a private investor. Since, you know, they're using private money with which to make the 'investment'.

    I remember reading the terms of the GM bailout preferred and they were brutal, as well they should have been.

    Even outside the context of a bailout, there is usually a reason why a company accepts capital on terms outlined in typical preferred stock. And that reason is that they need it. When you negotiate from a position of weakness, you get the cock in your ass. That's the way it should be.

    I'll say it again: current CEO should be fired for cause.
    IF we are lucky, Trump has some mechanism that burns the fucking unions to the ground - and that would include all the fuck unions at Boeing. Especially the Government Employee Unions. Those are bullshit.

    "Sure, we'll bail your ass out....but the terms include decertifying the union".

    The squealing like pigs would be glorious to hear.


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    haiehaie Member, Swaye's Wigwam Posts: 20,494
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    Swaye's Wigwam
    Swaye said:

    dflea said:

    No. The government will not nationalize Boeing. They'll infuse with massive amounts of cash and mandate the terms.

    They'll do the same thing as they did with GM. They'll crush the shareholders, take a preferred equity position and restructure the debt. They'll bring in a new management team (MAD DOG! MAD DOG! MAD DOG!) and turn the ship around.

    Will the CPAs go to gulag?
    Take the entire HR department, and burn it and them to the ground.

    That will solve half of Boeing's problems from the get-go.

    To be fair you could say this about 90% of the Fortune 500. HR is mostly full of the limpest dick losers the world has ever produced.
    💜
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    Pitchfork51Pitchfork51 Member Posts: 26,595
    First Anniversary First Comment 5 Up Votes Combo Breaker
    edited March 2020
    Swaye said:

    dflea said:

    No. The government will not nationalize Boeing. They'll infuse with massive amounts of cash and mandate the terms.

    They'll do the same thing as they did with GM. They'll crush the shareholders, take a preferred equity position and restructure the debt. They'll bring in a new management team (MAD DOG! MAD DOG! MAD DOG!) and turn the ship around.

    Will the CPAs go to gulag?
    Take the entire HR department, and burn it and them to the ground.

    That will solve half of Boeing's problems from the get-go.

    To be fair you could say this about 90% of the Fortune 500. HR is mostly full of the limpest dick losers the world has ever produced.
    Nothing worse than a man in HR. You know hes automatically a huge faggot.

    Except when I sold HR systems I did meet one dude who was like a mad scientist. The whole company was like his big social experiment. Was kind of interesting in a totally sociopathic wy.
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    HHuskyHHusky Member Posts: 19,175
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    Nationalize that paragon of private sector efficiency?!?
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