I read yesterday that the estimated cost of a new aircraft program would be approximately 50 billion.
Coincidentally, 50 billion is the same amount of money boeing spent on stock buybacks over the last 10 years.
The idea that you would be paying Jim McNerney over $25 million some years in bonuses a year for that decision is beyond absurd and criminal.
Stock buybacks need to be made illegal again. And CEOs paid in stock instead of being taxed at 20% need to be taxed at 50%.
Corporate greed destroyed the Boeing company.