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 3 months ago by multi_regime_enjoyer@lemmy.ml to c/usa@lemmy.ml
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[–] NatakuNox@lemmy.world 10 points 3 months ago

We should nationalize Boeing

[–] someguy3@lemmy.world 8 points 3 months ago* (last edited 3 months ago) (1 children)

Hahhahahhahaahahha.

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

[–] multi_regime_enjoyer@lemmy.ml 4 points 3 months ago (1 children)
[–] Smite6645@lemmy.dbzer0.com 3 points 3 months ago

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

[–] The_Che_Banana@beehaw.org 5 points 3 months ago

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