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by jhwang5 2244 days ago
The Boeing bailout was sold as a measure to keep jobs, then of course they turn around and do this.
1 comments

Boeing has not taken a bailout, they didnt like the fact that the government would take an equity position. The bailout was as much targeted at Boeing suppliers as it was at Boeing itself.
Boeing was negotiating with gov to drop the equity requirement - does anyone know what the upshot was? They also did take money from other programs targeted at Airline industry, though I don't know exactly how much.
Boeing has received no bailout money.