Years earlier, she had asked a boss if he would let his children fly on a plane with the litany of flaws and non-conformances he was urging her to “pencil-whip”: “Cindy, none of these planes are staying in America, they’re all going overseas,” he retorted, much to her horror.

    • EndRedStateSubsidies@leminal.space
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      1 year ago

      Black Rock basically owns the entire stock market. Even the best intentioned companies eventually have to cave to fiduciary duty to shareholders.

      • grue@lemmy.world
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        1 year ago

        Black Rock owns absolutely fuck-all. It only manages the 401ks of normal people like you and me, and STOLE OUR SHAREHOLDER VOTING RIGHTS.

        • blazeknave@lemmy.world
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          1 year ago

          Yeah these headlines always grind my gears. Even the equity they don’t steal, they leverage as if their own assets. They’re fucking mine and yours.

  • filister@lemmy.world
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    1 year ago

    I am genuinely curious why on Earth airline companies are still buying Boeing planes. The last 5-10 crashes all included their planes and it is a mystery why their shares didn’t tank more.

      • Tylerdurdon@lemmy.world
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        1 year ago

        You know why the 2008 financial crisis happened? Banks sold assets under the assumption that their credit rating was intact.

        Sure, I would afford Airbus every benefit of a doubt, but sorry, Boeing is building a track record which none of us should ignore. My speculation is warranted.