Boeing is having a rough time of it right now, with parts falling off its planes left, right and center. Just last week, a wheel came loose and smashed through a car, and earlier this year the door from a 737 Max aircraft broke off mid-flight. That mid-air disaster sparked an audit from the Federal Aviation Administration, which has gone far from well.
57% is owned by institutional investors who ruined the company.
Scumbag investors have intentionally ruined one of the best companies in America.
JSYK.
Hey, but imagine how much their dicks get sucked with all that money?
It’s really not the Investors. Boeing had Investors before and it all went fine. It’s the McDonnel Douglas leadership that took over that ruined it.