The reach of the Washington bureaucracy is apparently without limits. Presumably cooler heads will prevail but the National Labor Relations Board has taken steps that might render useless Boeing’s investment of $2 billion in its South Carolina plant which is intended to manufacture the new 787 Dreamliner. From the WSJ: In 2009 Boeing announced plans […]
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Some Random Thoughts On The Day
Posted by Tom Lindmark on June 25th, 2009
Here’s a couple of random musings on a slow news day: Did Bernanke appear overly nervous today? That was my take and I was rooting for the guy to make a good impression. The BofA-Merrill deal has become politicized and someone is going to have to pay the price. My guess is that it’s Gentle […]
More Bailout Candidates
Posted by Tom Lindmark on April 16th, 2009
Will Boeing be next in line at the bailout window. Their European competitor, Airbus, is arguing for government financial assistance so they might not be far behind. From the WSJ: Governments should help provide financing for airlines to buy planes, stepping in where credit channels are blocked, Airbus Chief Executive Thomas Enders said Thursday. Speaking […]
