Extorts

Boeing Extorts Washington for a Bailout, But Equity Holders Should Be Diluted First

Boeing is strong-arming the federal government for a bailout by threatening layoffs and bankruptcies in its extensive supply chain. This is corporate extortion, and the Trump administration looks to be taking the bait. Boeing should issue more shares and dilute its shareholders instead of asking the government for money. Taxpayers shouldn’t foot the bill for…