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" Under the terms of the DPA, Boeing will pay a total criminal monetary amount of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million,
by java-man 6y ago
" Under the terms of the DPA, Boeing will pay a total criminal monetary amount of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million, compensation payments to Boeing’s 737 MAX airline customers of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to compensate the heirs, relatives, and legal beneficiaries of the 346 passengers who died"
- ISL 6y agoWhile the actuarial measure is cold and doesn't capture the unquantifiable loss, the crash-victim fund is only about 14% of what actuaries might assess. https://www.npr.org/2020/04/23/843310123/how-government-agencies-determine-the-dollar-value-of-human-life https://www.npr.org/2020/04/23/843310123/how-government-agen...
- triceratops 6y agoSadly, victims in poorer countries are considered worth less. See also: Union Carbide.
- 1024core 6y agoSMH.... airline companies get more (for the "inconvenience", I guess) than the people who lost loved ones.