The government bailed out GM in 2009 after it went bankrupt. A Harris administration will likely follow that playbook due to its success and the overlap in personnel.
Yes, the government will bail out Boeing if necessary; Boeing will continue to build planes, most Boeing jobs and plants are safe.
However stockholders and executives are not safe. The government may demand bankruptcy for its bailout.
For more, read about the difference between chapter 11 and chapter 7 bankruptcy.
Yes, the government will bail out Boeing if necessary; Boeing will continue to build planes, most Boeing jobs and plants are safe.
However stockholders and executives are not safe. The government may demand bankruptcy for its bailout.
For more, read about the difference between chapter 11 and chapter 7 bankruptcy.