Well that's a fun little fact
There is no world - none - literally no possible universe - that Boeing cannot sell to the government, or that it fails, or that its planes get grounded indefinitely, or anything even remotely close to this outcome.
There are 2 plane makers of appreciable size on earth, Boeing and Airbus. They are essentially government owned enterprises.
Boeing has made a strategic decision and nothing of consequence whatsoever will come of this. Maybe a few people go to jail for a few months. That’s literally it
Boeing and the US government have a long and intimate relationship but it is mutual. Boeing was fully vertically integrated until it was favorable to encourage competition in the aviation industry and the US government broke the company up. Boeing is not untouchable.
FWIW, I _think_ I'm not just pedantically correcting a particular number. I think I'm asserting that keeping track of n organizations is roughly O(n^2), so it's not 4 times as much work to keep track of them all, but more like 56 times as much work. I think that's a real difference that requires a different approach.
I get that _you're_ not saying anything re: approach, just terminology. But I think the number matters to this subthread.
1. https://en.wikipedia.org/wiki/List_of_systemically_important... 2. https://en.wikipedia.org/wiki/List_of_systemically_important...
They probably should fail, except it might be more than shareholders that get ruined by that happening.
And as written by others banks do fail, and literally end their existence or are sold for peanuts to competition (Credit Suisse just recently). Using few cases from 2008 and making claims like whole universe always runs like that ain't very close to reality and doesn't help the discussion.
Just pass a law and nationalize and/or break it up. Here's someone more knowledgeable than me discussing this idea: https://www.thebignewsletter.com/p/its-time-to-nationalize-a....
they will appeal based on the insanely broad immunity ruling and get the conviction overturned on procedural loophole created by the ruling - no evidence from his presidency even for unofficial acts and justice department will not retry a sitting president.
He is likely to get the convictions even in the caroll defamation case for the same reason.
Only the fraudulent valuation case is likely survive this Supreme Court ruling.
He was convicted for falsifying business records nothing else. All the records that were fraudulently submitted were starting Jan 2017.
The hush money payment wasn't illegal, hiding it was.
It rose to a felony instead of misdemeanor because it was done in service another crime which is campaign finance violation, the other crime need not be proven and he was not charged with that.
All they got him for paying cohen illegally.
Also there was some evidence introduced from his time as president , he would argue that evidence is now inadmissible and in a favourable court they will declare mistrial and ask the lower court to do it again.
If he wins again the prosecution will have to pause and he gets the delay he wants.
The British parliament has recently done exactly that in the wake of the Horizon scandal - the convictions have been deleted and considered to have never happened.