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re: The best explanation of what’s going on at Boeing

Posted on 3/15/24 at 7:31 pm to
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
43700 posts
Posted on 3/15/24 at 7:31 pm to
As an MBA and JD I resent that remark but agree with it too. We were taught differently when I was in school. Gordon Gecko was seen as a villain not a hero. So was KKR

Boeing was a great company, MD was always profits over people. It’s unreal that the MD management took over. It’s like ford merging with fiat and the fiat management takes over.

There is a great documentary on Netflix on all this


Posted by Twenty 49
Shreveport
Member since Jun 2014
18830 posts
Posted on 3/15/24 at 8:17 pm to
quote:

Boeing was a great company, MD was always profits over people. It’s unreal that the MD management took over. It’s like ford merging with fiat and the fiat management takes over. There is a great documentary on Netflix on all this


John Oliver recently did a long segment on this. Available on YouTube.

Includes many Boeing employees being recorded saying they would never fly on the plane they were building. One guy said he would, but he had a death wish.
Posted by LarryCLE
Member since Apr 2017
1567 posts
Posted on 3/15/24 at 8:39 pm to
I see a lot of Boeing’s problems being blamed on the merger with McDonnell Douglas and the management takeover by MBA’s, but their planes are just as safe today as they have ever been. The 737 rudder design issue in the 90s happened before McDonnell Douglas.
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