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Indeed I do. For example, the Takata corporation negligently ignored many warnings that its airbags were unsafe. This resulted in hundreds of injuries and the

Indeed I do. For example, the Takata corporation negligently ignored many warnings that its airbags were unsafe. This resulted in hundreds of injuries and the deaths of 24 people. The Takata corporation was fined ~250% of its annual EBIT and three of its executives were prosecuted. For Boeing, a comparable fine would be thirty billion dollars. If you multiplied the fine by the ratio of deaths, the fine would be over 420 billion dollars.

ekianjo 7y ago
That would bankrupt Boeing. That's probably not a desirable outcome for such a company - and this would discourage any investment in aviation moving on.
- AJ007 7y ago
  Or it would clear the playing field, at least in the US.
- Marsymars 7y ago
  For reference, Takata was bankrupted, and its assets sold off.
- amyjess 7y ago
  > That would bankrupt Boeing. That's the point. The idea is to inflict the death penalty on any company who plays games with human lives like this.
  - ekianjo 7y ago
    If there was no malicious intent in the first place you cannot really say they were playing games with human lives. Cutting corners happen everywhere, and in a space as regulated as aviation Boeing cannot be the only one to blame either.
- Causality1 7y ago
  It is the job of the federal government to protect the lives of its citizens by enforcing the law. It is not the job of the federal government to protect the existence of certain corporations by giving them special exemptions to the law. But even if you wanted to do that, you can still have your cake and eat it too. Boeing's yearly profit is 4.2 billion dollars. Take three billion of that per year and let them pay off the fine over ten years.
  - ekianjo 7y ago
    Thats all good and dandy but the Federal government has not just one mission but several hundreds of them. They also have to protect their citizen from foreign threats and Boeing is also huge in the military space. Conflicts of interests everywhere.

ekianjo 7y ago

That would bankrupt Boeing. That's probably not a desirable outcome for such a company - and this would discourage any investment in aviation moving on.

AJ007 7y ago
Or it would clear the playing field, at least in the US.
Marsymars 7y ago
For reference, Takata was bankrupted, and its assets sold off.
amyjess 7y ago
> That would bankrupt Boeing. That's the point. The idea is to inflict the death penalty on any company who plays games with human lives like this.
- ekianjo 7y ago
  If there was no malicious intent in the first place you cannot really say they were playing games with human lives. Cutting corners happen everywhere, and in a space as regulated as aviation Boeing cannot be the only one to blame either.
Causality1 7y ago
It is the job of the federal government to protect the lives of its citizens by enforcing the law. It is not the job of the federal government to protect the existence of certain corporations by giving them special exemptions to the law. But even if you wanted to do that, you can still have your cake and eat it too. Boeing's yearly profit is 4.2 billion dollars. Take three billion of that per year and let them pay off the fine over ten years.
- ekianjo 7y ago
  Thats all good and dandy but the Federal government has not just one mission but several hundreds of them. They also have to protect their citizen from foreign threats and Boeing is also huge in the military space. Conflicts of interests everywhere.