Because Boeing is so important to national security, everyone involved in leading this from the CEO to the board of directors should be treated as traitors and have all their assets seized and spend the rest of their life in a maximum security federal prison.
Capitalism killing people, nothing new or out of the ordinary here. Companies are innovative when growing and competing, but if they win they’ll reach the final form for a successful firm: monopoly. From then on, the only innovation will be in new ways to rebrand corruption and avoid regulation.
Boeing, once a symbol of American prestige and hegemony has fallen.<p>Greed, hatred, delusion has poisoned the American psyche and its manifesting across all walks of life. Boeing is just one of the many examples.<p>This is the end of the American era.
Curious how we assign moral blame. Sure, Boeing put Wall Street first ahead of safety.<p>But why isn't the headline "Wall Street put profits ahead of safety".<p>Or "The electorate chooses capitalism over safety."<p>During the oil crisis, highway speed limits were reduced to 55 mph, to ease the gas shortage. But an unexpected side effect was that about 4,000 less people died in car crashes each year. Would you be willing to drive slower to save lives?<p>Put it another way: how many people would you be willing to kill to be able to drive at 65mph?<p>Its so easy to sit there and put the blame on some amorphous, anonymous, abstraction like "Wall Street" because it exonerates you and you can feel all self-righteous. But if you were in the same position, are you so sure you'd give up your annual bonus? Or put your stock options underwater? When you knew full well that if you didn't they would just fire you and hire somebody who would?
When public companies get fined, those fines should come 100% out of profits, not revenue.<p>That might help resolve this kind of conflict of interest.