Is Boeing the GM of the aircraft industry?

[Roger Smith]

Boeing Hit With New FAA Safety Directive Ahead of Shareholder Meeting

If it's a Boeing, I'm not going!

[trader_4]

Their image certainly has taken a very big hit, as will their bottom line. I wondered if CEO Muilenburg is some bean counter, but he's not, he's an aerospace engineer and has held engineering positions. I think the shareholders that want him to resign are right. He may not bear responsibility for the initial stupid design and/or marketing decisions, but he certainly does for the response since the Lion Air incident and it's been really poor. I used to have great faith in Boeing over Airbus, but no more. Having headquarters in Chicago, when no planes or engineering, etc is located there is probably another very bad idea. Never understood that, which was done a long time ago, before Muilenburg was involved.

As to bean counters, keep an eye on Intel. They've had mostly bean counters running the place for a long time, most recently, it's accelerated, CEO is a bean counter, Chairman of the Board too, and the board is loaded with them. And the CEO was brought in from outside. They needed a new CEO because the last one got me tooed. He didn't assault anyone or pressure anyone, no allegations of that. He just had an affair with a subordinate. Welcome to the new America. So they booted him and put in a bean counter as acting, followed by a search, that came up with..... another bean counter, with no tech background. Am I the only one that thinks this is very bizarre? That to head one of the largest tech companies in the world, the best guy you can come up with is some bean counter from outside? Intel is fortunate that they still own the server market, that's what's paying the bills. The PC market has been in decline for years, they are struggling with minority share in tablets, nothing in cell phones, most of the random acquisitions made by the bean counters haven't paid off.

[Rod Speed]

Yeah, yeah, you should be running Intel too. Wota busy boy you will be, child.

[trader_4]

I wish it were that simple. I don't even see nepotism being a problem in corporate America at all, with the possible exception of some closely held or private family owned companies of course. The one place nepotism is on display is at the Trump WH, which as I recall, you support.