The Export-Import Bank is perceived as so important to Boeing that news stories initially blamed House Majority Leader Rep. Eric Cantor’s primary election defeat for a one-day, 2.3% slide in Boeing stock. Financial analysts later stopped hyperventilating and attributed the downgrade more to other factors. But it was a nod to the power Cantor had wielded in the House. The real impact of his defeat on the prospects for renewal of the bank’s charter, which expires in September, has ...
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