Boeing credit was downgraded today with several more coming. Execs are flying to DC to ask for a bailout. They have a lot of assets so not sure how it will shake out. The smart money is betting they will sell off into 6 or 8 separate companies. Their pension plan is underfunded by 30 billion and they stuffed it with $3.5 billion of their stock at $350 per. Which is now less than half the value. The pension holders will lose everything short of a bailout. Inslee is about to kiss some Trump ass.
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My personal pronouns are “fvck” and “you”