Yup…and it’s a really bad look for the US, Boeing is as American as any corporation gets, and they put out garbage and literally killed people due to their greed.
Stock buybacks, absurdly low corporate tax rate, bailed out recently and taxpayers got nothing except fear that their next flight on a Boeing will be their last flight. Boeing could’ve put money into R&D or shored themselves up financially instead of buying back $73 billion worth of stock in 2020 to increase their price per share. They paid $2.5 billion for the MCAS fiasco, which is pathetic.
Boeing takes all the handouts they want but if the US government tries take heavy handed action, Boeing is going to cry to conservatives about regulation, grease the right palms, and hold their employees jobs hostage….real shame.