Passengers aboard an Alaska Airlines plane that made an emergency landing after a fuselage panel blew off this year have started to receive letters from the F.B.I. identifying them as possible victims of a crime.
The letters are a sign that a criminal investigation the Justice Department has opened into Boeing, the manufacturer of the 737 Max 9 jet, is ramping up.
Their stock is still going strong tho. Defense contracts are a hell of a crutch.
I suspect people are expecting that they’ll get absolutely rinsed by various investigations then get a massive federal bailout cos they are too strategically important to allow them to go bankrupt
They have a habbit of spending billions on stock buybacks to keep their prices high 🫠
Wake me when its time to short Boeing, maybe put some on Lockheed if they absorb their active defense divisions, lol
i’ve been holding lockheed in the red for a a while.
It recently turned green
Iron triangle, soon a square with Elon