Title: Boeing's $20 Billion Buyback Scheme Should Count As the Company's Largest Net Loss - Slog - The Stranger
Headings: Boeing's $20 Billion Buyback Scheme Should Count As the Company's Largest Net Loss
Boeing's $20 Billion Buyback Scheme Should Count As the Company's Largest Net Loss
Content: That's it. Nothing more to it than it. Look behind this argument and you'll find nothing else is there, like a mirror. The reflection of a drifting cloud in a dream has more to it than this reasoning. And yet, in 2018 this flimsy reasoning was more than enough to send $20 billion from Boeing's books to the "grabbing hands" that never stop "grabbing all they can ." Nineteen billion dollars also departed in this fashion between 2013 and 2016. These negative transfers were not registered or reported as losses. But, retroactively, they can be reported as losses. What is so clear today is that Boeing's confidence in the future has the near-zero value of an illusion. In reality, there wasn't that much extra cash to give to "investors."