Hah, good luck with finding a bird that can convin
Post# of 22940
Posted On: 08/18/2016 1:58:25 PM
Re: tradingjeff #11504
Hah, good luck with finding a bird that can convince him to change his stance. He needs to be replaced, or have a majority vote over rule him.
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The board of directors must authorize transactions of more than $10 million, which it cannot do at this moment without the quorum.
Swaine believes this puts Boeing at a disadvantage against its prime commercial airplane competitor Airbus, which also has many Alabama at its A320 final assembly line in Mobile.
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Airbus has 3 different export banks that provide services to their customers. Right now, Boeing has zero," Swaine argues, "Our competitors are not as impacted because they're international, and they have their own international export-import support contracts and vehicles that allow them to do business."
Swaine argues many small Alabama companies who do business with Boeing are also at risk without the Ex-Im Bank's full authorization.
http://m.waaytv.com/tech_alabama/boeing-leade...416b5.html
"
The board of directors must authorize transactions of more than $10 million, which it cannot do at this moment without the quorum.
Swaine believes this puts Boeing at a disadvantage against its prime commercial airplane competitor Airbus, which also has many Alabama at its A320 final assembly line in Mobile.
"
Airbus has 3 different export banks that provide services to their customers. Right now, Boeing has zero," Swaine argues, "Our competitors are not as impacted because they're international, and they have their own international export-import support contracts and vehicles that allow them to do business."
Swaine argues many small Alabama companies who do business with Boeing are also at risk without the Ex-Im Bank's full authorization.
http://m.waaytv.com/tech_alabama/boeing-leade...416b5.html
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