this post was submitted on 01 Nov 2024
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United States | News & Politics

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Boeing Launches $22 Billion Share Offering to Get Breathing Room, Dodge Junk Credit Rating, after Having Wasted $64 Billion on Share Buybacks | Wolf Richter (wolfstreet.com)
submitted 2 weeks ago by [email protected] to c/[email protected]
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[–] [email protected] 10 points 2 weeks ago

We should nationalize Boeing

[–] [email protected] 7 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Hahhahahhahaahahha.

That's 21 B since 1998 and 43 B 2013 to 2019 when they stopped, to get 64 B.

[–] [email protected] 4 points 2 weeks ago (1 children)
[–] [email protected] 3 points 2 weeks ago

Fantastic read, hadn't seen it before. Thanks for the link.

[–] [email protected] 5 points 2 weeks ago

The launch was delayed, however, by a faulty switch...