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>It's not as if the current situation, in which Boeing is currently causing all their customers lots of financial pain each day the MAX is grounded, and the CEO
by carlmr 7y ago
>It's not as if the current situation, in which Boeing is currently causing all their customers lots of financial pain each day the MAX is grounded, and the CEO of the commercial division has been fired, is any better.
Hindsight is 20/20. The CEO chose a risky payoff (Boeing remaining competitive with the Max) over certain loss (Boeing losing many contracts to competition).
If the CEO didn't expect jail time (which given our history of such incidents is unlikely), he chose rationally in his own self interest.
If you want a different outcome you need to disincentivize this kind of behavior. E.g. if CEOs "taking responsibility" (because that's usually the reasoning for their insane income) meant they get locked up in prison without parole for 20 years. Then rational actors may become more careful.