Boeing Seeks a $60 Billion Bail Out

[klfrodo]

https://www.forbes.com/sites/jeremybogaisky/2020/03/17/boeing-seeks-60-billion-bailout-for-us-aerospace/#4d0f3d39661c

 

Not sure how I feel on this one.

I do feel empathy for the workers and the outsourced part manufacturers, but have no sympathy for those in the C Suite.

Maybe before we agree to help, Boeing has to replace everyone in the Command and Control structure with ZERO benefits or bonuses.

Edited March 18, 2020 by klfrodo

[FlyerTalker]

1 hour ago, klfrodo said:

Maybe before we agree to help, Boeing has to replace everyone in the Command and Control structure with ZERO benefits or bonuses.

 

Perhaps the first part is in order.  The Lazy B has been mismanaged for a number of years now.

 

However, if you bring in new people to work in those significant positions, do you really expect them to work for no benefits or bonuses?  Would you?

[klfrodo]

53 minutes ago, FlyerTalker said:

 

 

 

However, if you bring in new people to work in those significant positions, do you really expect them to work for no benefits or bonuses?  Would you?

Sorry, My intent was the outgoing people get nothing for their piss poor performance.

[rkacruiser]

I am going to have to think about there request.  I do know what I think about the members of the Board of Directors..  They ALL need to be replaced.  I voted my proxy that way last year and will do so this year.  I hope other Boeing shareholders do the same.  

 

It's too soon to replace the CEO; he just started.