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Re: BREAKING: Boeing will plead guilty to criminal fraud charge tied to fatal 737 Max crashes, DOJ says

By: Cactus Flower in ALEA | Recommend this post (0)
Mon, 08 Jul 24 3:34 PM | 16 view(s)
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Msg. 53478 of 54959
(This msg. is a reply to 53477 by clo2)

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Probably the usual problem with markets. They often fail to balance security and profitability well. The corners they cut lead to product failures. And a plane that fails is a metal tube without the benefit of lift.




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BREAKING: Boeing will plead guilty to criminal fraud charge tied to fatal 737 Max crashes, DOJ says
By: clo2
in ALEA
Mon, 08 Jul 24 10:39 AM
Msg. 53477 of 54959

BREAKING: Boeing will plead guilty to criminal fraud charge tied to fatal 737 Max crashes, DOJ says
Boeing will plead guilty to a criminal fraud charge tied to fatal 737 Max crashes, the Justice Department said, months after U.S. prosecutors said the aerospace giant violated a 2021 settlement that shielded it from prosecution.

Under the deal, which requires the approval of a federal judge, Boeing would pay a $243.6 million fine.


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