https://www.forbes.com/sites/robertzafft/2021/01/10/boeings-25-billion-near-miss-a-faulty-to-the-max-update/?sh=5db571ed7ff9
It’s been said that “you get justice in the next world,
in this world you get law.”
Does Boeing’s $2.5 billion settlement over 737 MAX crashes
bear this maxim out?
Boeing has the best law money could buy:
Also last week, U.S. Department of Justice (”DOJ”) prosecutors announced
a plea deal with the airline’s.
The deal included $244 million in fines, plus nearly $2.3 billion in
compensation to airline customers and families of crash victims.
Boeing remains exposed to civil liability from the (“FAA”)
and Securities and Exchange Commission (”SEC”), as well as suits on behalf
of crash victims and their families.
The Covert Bailout…
Boeing has achieved its most important goal.
The company has avoided prosecution for conspiracy to defraud
the U.S — which threatened to disqualify Boeing from federal contracts.
A near miss from a death sentence.
Boeing also avoids an outside monitor, but must stay out of legal trouble
for three years.
Lastly, the company must comply with any ongoing investigations
and beef up compliance programs.
The Fox Is Still Running the Hen-House…
Jan 10, 2021