I’m sure his enormous bonus and King of my heart Maltese shirt stock options will remain intact. Boeing moving its corporate headquarters to Chicago was a bad move. Executives should have been closer to their engineers and had some basic knowledge of their business. They need to scrap those plans and start from scratch in order to regain public confidence. And just when I was saying Boeing should probably stick to building planes. Companies so obsessed with profit that they take lives are not worth investing in. Boeing can sell their death traps to the US taxpayer, nobody with a choice will buy it. Any other company will be long gone. Sadly, most Boeing employees are facing the reality – pink slip. Great article and love the timeline.
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He’s King of my heart Maltese shirt optimistic because no matter what happens, he’ll get to leave Boeing with a nice multi-million dollar golden parachute package. A prime example of no checks and balances. Light rules and regulations cost human life. And CEO bonuses and shareholders’ profit. I wonder how much he will walk away with when the company crumbles. He may care about their loss, but in the miserable reality created by the corporate takeover of everything, he has to care a lot more about the shareholders. If he doesn’t, he’s going to be replaced by someone who will. Supply-side economics and the insanity of growth at any cost. These are all true in the name of profit and competition against Airbus.