The investigation is tied to an incident on an Alaska Airlines flight in early January. Boeing also told a Senate panel that it cannot find a record of the work done on the Alaska plane.
The investigation is tied to an incident on an Alaska Airlines flight in early January. Boeing also told a Senate panel that it cannot find a record of the work done on the Alaska plane.
It’s optimistic to assume they’ll even bother finding someone in the company guilty even if it’s some low level chump. I don’t actually expect anyone to be found guilty in this whole thing. The only time corporations in this country actually suffer repercussions for their actions is when they cost shareholders significant money Enron style.
This is absolutely right. The worst case scenario in these situations is a settlement with no admission of fault.
I think even this isn’t as hurtful to major shareholders - the ones that have decisionmaking power - as you’d hope. They typically have more information and pay more attention than the small fish. They’d offload their shares earlier, for longer, as to not disturb the price too much, leaving the remainder to hold the bag once shit hits the fan. The stock market enables that. They’ve extracted a shit ton of money by steering the company over the last couple of decades. The ones that would really bear the brunt are the shareholders that never had any decisionmaking power, and the company’s workers.
Oh I’m sure their Legal team will get QA people to do a full audit trail to find out who was on shift at the assembly line and blame them.
Or when they’re foreign companies.