For most of the 20th century, there was a clear wall between working people’s pension funds and the riskier corners of financial markets. This wasn’t accidental—it was the law.
With 51 percent of the 24,000 or so local machinists who voted saying yes to the pact, Boeing's " 'best and final' offer [now] guarantees assembly of the next 777 widebody jet and the fabrication of the plane's carbon-fiber wing" will be done at plants in the Puget Sound region.
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