mo4ch:>How about help PEOPLE first? Boeing shredded for seeking ‘tens of billions’ in ANOTHER bailout amid coronavirus pandemic | Mo4ch News
As the Covid-19 pandemic cripples airlines worldwide, Boeing is seeking billions in government handouts to weather the storm, but netizens insisted it would only reward years of mismanagement and fatally defective aircraft.Despite spending the last seven years shoveling tens of billions into a share repurchase initiative to beef up its stock price – driven in part by a $9 billion bailout of the heels of the 2008 financial meltdown – Boeing shares have plunged 57 percent in March alone. Now, as the global travel industry hits rock bottom amid the coronavirus scare, Boeing is looking for “tens of billions” in government loan guarantees, according to Reuters – in other words: another bailout.While US President Donald Trump appears ready to fulfill the request, saying on Tuesday “We have to absolutely help Boeing,” many online were up in arms over the multi-billion dollar ask, insisting the company is undeserving of aid after borrowing and blowing billions to prop up its stocks.“Thanks to…