Tag: building

Poster Child For Corporate Welfare was uploaded to Flickr

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Boeing depends upon taxpayer dollars more than most corporations.

See for instance:
The top welfare recipient of them all is aerospace giant Boeing, which has operations spread all across the country building aircraft and working on numerous Department of Defense projects. The amount of work Boeing does for the federal government no doubt plays a part in the amount of subsidies the company has been able to secure, but Boeing has also played hardball with local jurisdictions to get enormous tax breaks. With more than $13 billion coming in from 148 handouts, Boeing has thoroughly entrenched itself in the interest of the government and taxpayers.

Despite the immense amount of money the company receives, it has still gone on to hold cities hostage in tax negotiations, threatening to remove jobs and open up shop in friendlier climates. In 2013, Boeing secured the highest ever tax break at the state level when it cornered the Washington legislature into ceding to its demands, lest it move its production plants to another part of the country. The legislature granted Boeing its wish, but Boeing went on to announce drastic layoffs anyway, angering many locals.

Boeing has become the king of corporate handouts, and other corporations have a long way to go to catch up.
via
www.cheatsheet.com/money-career/high-on-the-hog-the-top-8…

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I took Poster Child For Corporate Welfare on March 02, 2018 at 05:07AM

and processed it in my digital darkroom on March 17, 2019 at 12:24PM

Sun Setting On A Sacred Cow was uploaded to Flickr

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The Prentice Women’s Hospital and Maternity Center, now demolished.

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I took Sun Setting On A Sacred Cow on September 30, 2012 at 11:05AM

and processed it in my digital darkroom on December 20, 2015 at 04:17PM

Towers Watson-Willis Merger: Battle to Save a Dubious Deal

Seth Anderson0 comment

Willis Towers Tower

Willis Towers Tower…

I still hope they take my advice and rename the Sears Tower so that the sign reads Willis Towers Tower…

Making The Same Mistakes
Making The Same Mistakes

A marriage of convenience isn’t necessarily bad—it just lacks the excitement of a true match.

Towers Watson & Co. may have reached that point in life where its peers have paired off and the clock is ticking. Its investors are being sweet-talked into going along.

The cash portion of the proposed cash-and-shares merger offer from insurance broker Willis Group Holdings PLC was more than doubled Thursday to $10 per share, ahead of delayed shareholder votes for both companies on Friday.

That helps to close the valuation gap that made this deal look poor for investors in Towers Watson, a benefits and human resources firm, and prompted proxy voting firms ISS and Glass Lewis to advise against it.

The trouble in this supposed merger of equals has always been that Towers Watson’s investors get less in Willis stock and cash than their own shares are worth.

(click here to continue reading Towers Watson-Willis Merger: Battle to Save a Dubious Deal – WSJ.)

A Matter of Degree
A Matter of Degree

Willis Tower Is A Pale Reflection
Willis Tower Is A Pale Reflection

Willis Over Union Station
Willis Over Union Station

Lego Willis Tower
Lego Willis Tower

Is Chivalry Dead? - Ilford Delta 3200
Is Chivalry Dead? – Ilford Delta 3200

In Front of Willis Tower
In Front of Willis Tower

It Makes Perfect Sense
It Makes Perfect Sense

Nothing Ever Stays The Same -platinum version
Nothing Ever Stays The Same -platinum version

You Finished Before We Were Done was uploaded to Flickr

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Metropolitan Correction Center, Chicago.

A Harry Weese joint, 1975

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I took You Finished Before We Were Done on November 30, 2013 at 02:55PM

and processed it in my digital darkroom on December 02, 2013 at 02:57PM