Airline stocks take a dive after Boeing CEO warns of possible industry bankruptcy

Airline stocks suffered a broad selloff Tuesday after Boeing Co. Chief Executive David Calhoun provided a dire
outlook for the industry which included a prediction that a “major” bankruptcy was likely in the next several
months.

AT&T (T) honcho Randall Stephenson landed a complimentary insult from the chief executive of the United States
two weeks ago when he announced he was standing down at 59. Randall Stephenson, the CEO of heavily
indebted AT&T, which owns and presides over Fake News @CNN, is leaving, or was forced out. Don’t tell the
president, but Stephenson will not be crying into his face mask after he leaves.

The Stock Market Could Take Another Tumble. Here Are Some Places to Hide.