Boeing charged with 737 Max fraud conspiracy and agrees to pay over $2.5B

Re:Boeing charged with 737 Max fraud conspiracy and agrees t... by mrkramer on Thursday January 07, 2021 @05:16PM (#25678386)

> My point is more that you don’t want people focused on business and profits instead of people who have deep knowledge in the area and passion for the product.

But isn't focusing on business and profits also focusing on safety of your products since you want to make sure your planes don't crash and passengers come to their destination alive and unharmed.

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Re:Boeing charged with 737 Max fraud conspiracy and agrees t... by nytgop77 on Thursday January 07, 2021 @06:27PM (#25679113)

(1) what is the timeframe you look at? (I want LOTS of money THIS year, because I NEED a yacht THIS year to have a party with celebrities. How do you convince person like me to invest money in developing safety solutions?)

(2) profit = selling price - production\development cost - expected downsides of accidents(penalties, tarnished image). "Expected downsides of accidents" can be reduced by reducing risk, but also in some other creative ways (blackmailing, lobying, promoting the right candidate, marketing, rebranding, migrating to different markets, insurance, coverups. And lets not forget deals with friends: If I can win 5billion, I can allow my self to split it 100 ways and still end up with a nice big yacht).

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Re:Boeing charged with 737 Max fraud conspiracy and agrees t... by justinclift on Thursday January 07, 2021 @09:37PM (#25680808)

> But isn't focusing on business and profits also focusing on safety of your products ...

In practical terms, it doesn't appear to work out that way.

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