Category Archives: Ridiculously obvious scams

RJ Eskow: 7 Rules for the Boeing Bailout

As the world struggles with the pandemic, Boeing should be seen as the vector for a parallel epidemic. It’s Patient Zero in an epidemic of corporate failure. As we change the way we live our lives, corporations like Boeing should change the way they are run. Corporate mismanagement made this crisis worse and, if it doesn’t change, will make the recovery more difficult.

Read more...

Boeing Crashes: $43 Billion in Share Buybacks Turn into Existential Threat

Yves here. When we made grim prognostications about Boeing’s future, we were treated as nuts. By Wolf Richter, editor at Wolf Street. Originally published at Wolf Street Boeing’s shares [BA] came unglued, plunging 18.1% today, after having already plunged over the past four weeks. Since February 12, shares have crashed 46%, and since the peak […]

Read more...

Let’s Crush the Woke Plutonomy! An Interview + Review of The Populist’s Guide to 2020: A New Right and New Left are Rising by Krystal Ball and Saagar Enjeti

How the ordering of the world to suit the 1% – also known as plutonomy – has generated long-overdue “populist” pushback.

Read more...