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

You can trace a big portion of the multi-decade fall of General Motors to the shift in power from their Detroit HQ to their NYC Treasury Department. Like Boeing's move of the HQ to Chicago, this was done for no reason other than powerful non-engineering execs liked being in NYC. That, combined with accountant Roger Smith becoming CEO, was the beginning of a very long end for GM.

Problem with Boeing is that their fall would be a national security issue, rather than just an economic disaster. I wonder if the government will step in, even with no immediate threat of bankruptcy, if Boeing keeps dropping the ball?