Why would companies want to make investments in an atmosphere like this?

Remember the bond holders for GM and Chrysler being taken to the cleaners? Now add Boeings and many other similar policies. From Politico:

In many ways, Boeing should be a boon to President Barack Obama. In a faltering economy, the aerospace titan opened a $750 million factory in South Carolina and hired thousands of workers to build the world’s most fuel-efficient commercial jet. . . .

Other past comments on the GM and Chrysler bailouts here, here, and here.

Labels: , ,


Post a Comment

<< Home