Julie Johnsson of Bloomberg has a very thoughtful story today: Boeing’s ‘Monster’ Cash Haul Gives New Boost to Top Stock on Dow… The cThe hidden rompany has been building cash, and using it to buy back shares, which has been very good for the stock price… But there is a hidden cost… Downstream suppliers are being squeezed… This didn’t work in the last recession, in the auto industry… Not only did GM and Chrysler go bankrupt, they took a raft of auto parts supplier with them…
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