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> Can you imagine running a company that makes aeroplanes and not going to sleep each night panicking about all the lives you’re ferrying around up in the sky?
by deepsquirrelnet 3y ago
> Can you imagine running a company that makes aeroplanes and not going to sleep each night panicking about all the lives you’re ferrying around up in the sky?
For my entire life, the most pervasive theme in executive leadership is that the _only_ responsibility of a company is to make money for its shareholders.
Boeing may reach a point where it has to stop killing passengers, but dead passengers aren’t an issue at all until it creates a major threat to their bottom line.
If you think it shouldn’t take many downed planes before that happens, then given the situation, the real question is why it hasn’t threatened their business enough yet.
- yadaeno 3y agoThey’re too big to fail. When that’s the case punishing executives is the only way you can have accountability. The alternative—fining the company into the bankruptcy and letting the courts restructure the company has too many downsides for the shareholders.
- WalterBright 3y agoBoeing's stock was cut in half by the MAX crashes, and has not recovered.