- Feb 7, 2010
- NH (CT Escapee)
Market cap is meaningless if you go bankrupt. Your assets just go to auction.I bet you the opposite; Boeing will not go out of business. They are too important to the government to let fail, and their market cap is too big for most buyers to take on. The only competitor big enough to buy them is Airbus, but the government would never let that happen.
Gov bailout is the only way they survive and frankly I'd rather let them fail. Along with GE, GM etc. There is no reason to keep these companies around in their current forms. They clearly are not competitive with their current structures and are all severely in debt.