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2min chapter
Gold, Bonds and All That Jazz with Lauren Goodwin
RiskReversal Pod
Government Support and Corporate Responsibility
This chapter explores the consequences of government financial aid to corporations, with a spotlight on Boeing's government connections. The conversation includes a mix of critical analysis and humorous observations about NFL quarterbacks in relation to sports betting.
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Speaker 3
They have 40% of the business comes from the government. So it's already implied enduring COVID if you remember, in 2020, they were going to borrow money from the government, but they took the to your point, the implied guarantee and just issued 25 billion more in debt to do it. So I have a theory that if the government were to do something for Boeing, it benefits everybody. Benefits a taxpayer, because you're not charging us X amount for this defense stuff, you're gonna charge a little less. Benefits the consumer because of the airlines. When you go and say, hey, you want all these planes from Boeing, we're giving you an artificially low rate. You're not gonna gouge the consumer. I realize this will never happen, but the thought process would be, if you're gonna help a company do something, Boeing's a perfect example, and you have 170,000 employees, and all this stuff. So anyway, I think this is going to be front and center play out, but it's a microcosm to me. 100%. Of capital markets and strikes and everything that's going on. And
Speaker 2
a company that's been now
Speaker 3
mismanaged
Speaker 2
probably for the last five or six years for a myriad of different reasons, one that Lauren just mentioned. If you had to say as we head into week five in the National Football League, the league where they play for pay, who would you think is the top-ranked quarterback in the league, Moses quarterback in the National Football League don't stall don't even say that It's Daniel Jones. No, it's not wrong. No, I know what you want. It's Baker Mayfield. That's probably wrong, too It's one Sam Darnold who went to the University of Southern California if you know, that's where you're going with them I am okay because this weekend the Vikings of Minnesota will be playing the New York Jets. That's right in London, England That's right. Now Lauren as we sort of teased earlier, you may have heard me say, when I mentioned Danny's name, three and nine, I sort of said that quickly, that is his record this year in wagering in the league. Now you said last week that if you were to go 0-2, you would stop. Yep. So I know that's impossible. I'll continue if you want me to, but I really did
Speaker 3
want to stop because you take a step back.
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