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18 Comments
Question for someone who knows more: What could the government do, if anything, to take over the operations for a while and clean house?
Regardless of its muddied reputation and crippled operation now, it is still a storied company, big segment of US manufacturing, and quite frankly a national security issue.
So much avocado toast, why didn’t they save!?
Anyone who would loan that company *ANY* money has a pathological gambling problem.
Thanks to embracing the Jack Welch school of management.
Sounds like the pretext to another war
They should have had an emergency fund.
took a boing to japan… wheres my “i survived a boeing!” pin?
Back in March, I had the great idea to buy a small amount of BA stock when it was $180/share. “They’re a great American company,” I said to myself. “They’re a major military contractor.” “These doors falling off is just a mechanical hiccup. A low point. They’ll get that sorted quickly.” “Now’s the perfect time to buy!”
Narrator voice: “It was not the perfect time to buy.”
I mean, they…could admit that what they are doing isn’t working and put the engineers back in the driver seat?….but yeah, doubt that.
When greedy corporate psychopaths get put in charge of a company
Hitmen are expensive
> Boeing’s long-term debt has climbed to $53 billion at the end of June from $10.7 billion at the end of March 2019, when a second fatal crash of the 737 Max led to a 20-month grounding of that plane, the company’s best-selling aircraft.
Fuuuck, imagine operating for over 100 years, managing your debt, only to 5x your obligation in just 5 years.
Boeing should act quickly to do another share buyback and triple the executive bonuses. That should put everything right.
They need to develope a state of the art 737 replacement immediately as they should have 10 years ago before all the Max fiasco
The Jack Welch legacy lives on, destroying one company after another. I don’t believe in heaven or hell, but if there were such things, Welch would be busy right now shoveling shit in hell.
Wonder what those unions will do when Boeing is completely out of business
Damn, if only they could hire hitmen to solve their labor relations problems, like Coke and Chiquita
Instead they hire them to solve whistle blower problems.
Gotta get your priorities straight /s
Amazing managment.