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MarketLab's avatar

Haha ya, maybe that was part of it.

Check out ‘Flying Blind’ - great book on the history of Boeing and the MAX 8 disasters. You really get the vibe that they wanted to outsource everything just so they can abuse them as suppliers and grind down unions. I’m a pretty diehard capitalist but these guys made me pretty sick, beyond the fact that they had regulatory capture and put thousands of lives at risk.

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Arlen Agiliga's avatar

The Boeing/Spirit nonsense really highlights some of the foolishness that CEOs can get themselves into when they trust their bankers too much. That some banker made a fee to split apart a company that had no business being separated is only outdone in madness by the fact that some other banker will make yet another fee on the same companies (now 2) to put them back together.

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