> Why bailout? Why not nationalize it instead and hopefully privatize it back later down the road.
That's not an alternative to a bailout, its a common bailout method: the government purchases equity of an ailing institution, thereby nationalizing it in whole or in part, puts it's own management in place, turns it around, and then sells the equity on the open market.
Also worth noting the equity they get dilutes existing equity meaning it tends to screw the shareholders (but not as bad as insolvency). This is a good thing when you bail out companies that messed up. If you have a stake in a company you shouldn't ever want a bailout.
I really think that the government should be taking a majority stake in Boeing. They have institutional problems in addition to money problems.
That's not an alternative to a bailout, its a common bailout method: the government purchases equity of an ailing institution, thereby nationalizing it in whole or in part, puts it's own management in place, turns it around, and then sells the equity on the open market.