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> People may get angry about this fact, but it really is the simple reality of an executive's fiduciary obligations. Sorry, but that's bull. Owning the mistake
by onli 8y ago
> People may get angry about this fact, but it really is the simple reality of an executive's fiduciary obligations.
Sorry, but that's bull. Owning the mistake - and yes, that includes paying the families of the victims - and offering a serious apology combined with "that's what we will do to make sure it never happens again" would have been the best way to guarantee that Boeing as the current company will continue to exist. Right now they risk the 737 MAX being scrapped and governments around the work taking actions against the obvious regulatory shortcomings - the corruption that obviously happened, to have a plane being able to run itself into the ground based on one sensor system without any redundancies or other securities.
Now they need the US to protect them with further illegal subventions and government influence because they are too important for that country to fail. That's in no way the ideal way to follow "fiduciary obligations".