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Nearly $10 Billion in Guarantees Aided Sales of Boeing Planes in FY 2007-2008

By The Pew Charitable Trusts and Sunlight Foundation

The Boeing Co. was the biggest beneficiary of long-term loan guarantees by the Export-Import Bank of the United States in fiscal years 2007 and 2008, a Subsidyscope analysis shows. Of the $15.3 billion in guarantees issued by Ex-Im during the two-year period, nearly $10 billion, or 65 percent, went toward the purchase of commercial aircraft made by Chicago-based Boeing. <a href="/transportation/risk-transfers/exim/">Read more&nbsp;&raquo;</a>

Full post as published by Subsidyscope on November 06, 2009 (boomark / email).