Boeing to plead guilty to criminal fraud charge stemming from 737 MAX crashes

Re:Boeing to plead guilty to criminal fraud charge stemming ... by roenxi on Monday July 08, 2024 @05:45AM (#40904003)

To fullfill their role? Management and making decisions? Taking on personal risk has never been a part of the C suite beyond the tradition of giving them shares as part of their compensation.

Shareholders use positive incentives, not negative ones. Because positive incentives generally lead to better results in this case.

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Re:Boeing to plead guilty to criminal fraud charge stemming ... by tossandthrow on Monday July 08, 2024 @06:15AM (#40904114)

Seems like the US has some really weird rules in this regard then. For the C-suite to take on personal risk is literally a part of the role where I live. the central business registry register those holding these roles for that exact reason.

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Re:Boeing to plead guilty to criminal fraud charge stemming ... by TheOtherHobbes on Monday July 08, 2024 @09:10AM (#40905103)

In this case they've clearly done the opposite.

You seem to be arguing that the C-suite can do anything it wants to. As long as it does it in an official capacity, it can cause whatever harm it wants.

That seems like a very strange argument. Do you believe corporations and corporate officers have no moral obligation to act ethically?

Because if so, I'm finding it hard to understand the difference between a corporation and a crime family.

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