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The Criminal Prosecution of Boeing Executives Should Begin

Summary:
FAA, Boeing Blasted Over 737 MAX FailuresOn Wednesday, the Transportation Committee Blasted FAA, Boeing Over 737 MAX FailuresThe 238-page document, written by the majority staff of the House Transportation Committee, calls into question whether the plane maker or the Federal Aviation Administration has fully incorporated essential safety lessons, despite a global grounding of the MAX fleet since March 2019. After an 18-month investigation, the report, released Wednesday, concludes that Boeing’s travails stemmed partly from a reluctance to admit mistakes and “point to a company culture that is in serious need of a safety reset.” The report provides more specifics, in sometimes-blistering language, backing up preliminary findings the panel’s Democrats released six months ago, which laid out

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FAA, Boeing Blasted Over 737 MAX Failures

On Wednesday, the Transportation Committee Blasted FAA, Boeing Over 737 MAX Failures

The 238-page document, written by the majority staff of the House Transportation Committee, calls into question whether the plane maker or the Federal Aviation Administration has fully incorporated essential safety lessons, despite a global grounding of the MAX fleet since March 2019.

After an 18-month investigation, the report, released Wednesday, concludes that Boeing’s travails stemmed partly from a reluctance to admit mistakes and “point to a company culture that is in serious need of a safety reset.”

The report provides more specifics, in sometimes-blistering language, backing up preliminary findings the panel’s Democrats released six months ago, which laid out a pattern of mistakes and missed opportunities to correct them. 

In one section, the Democrats’ report faults Boeing for what it calls “inconceivable and inexcusable” actions to withhold crucial information from airlines about one cockpit-warning system, related to but not part of MCAS, that didn’t operate as required on 80% of MAX jets. Other portions highlight instances when Boeing officials, acting in their capacity as designated FAA representatives, part of a widely used system of delegating oversight authority to company employees, failed to alert agency managers about various safety matters.

Boeing Purposely Hid Design Flaws

The Financial Times has an even more damning take in its report Boeing Hid Design Flaws in Max Jets from Pilots and Regulators.

Boeing concealed from regulators internal test data showing that if a pilot took longer than 10 seconds to recognise that the system had kicked in erroneously, the consequences would be “catastrophic”.

The report also detailed how an alert, which would have warned pilots of a potential problem with one of their anti-stall sensors, was not working on the vast majority of the Max fleet. It found that the company deliberately concealed this fact from both pilots and regulators as it continued to roll out the new aircraft around the world.

In Bed With the Regulators

Boeing's defense is the FAA signed off on the reviews.

Lovely. Boeing coerced or bribed the FAA to sign off on the reviews now tries to hide behind the FAA.

 Only One Way to Stop This

There is only one way to stop executive criminals like those at Boeing.

Charge them with manslaughter, convict them, send them to prison for life, then take all of their stock and options and hand the money out for restitution.

Mish

Mike Shedlock
Mike Shedlock (Mish) is a registered investment advisor representative for SitkaPacific Capital Management (http://www.sitkapacific.com/). Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

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