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by CamperBob2 2610 days ago
How do you propose to punish shareholders?

Fine them? The market already does that, to the tune of tens of billions of dollars in the 737 MAX case.

Jail them? Good luck with that.

What else can/should be done to them, in your opinion?
1 comments
lisper 2610 days ago
> Fine them? The market already does that, to the tune of tens of billions of dollars in the 737 MAX case.

Really? How? The day before the Lion Air crash Boeing stock was just a hair under $360 a share. Today it's at $380. How exactly is that punishing the shareholders?

The market isn't punishing Boeing shareholders because everyone knows full well that the U.S. government will not allow the last domestic producer of commercial jets to go bankrupt.

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CamperBob2 2610 days ago
Really? How? The day before the Lion Air crash Boeing stock was just a hair under $360 a share. Today it's at $380. How exactly is that punishing the shareholders?

Well, that's not exactly the whole story, is it? What happened on March 8?

https://www.google.com/search?q=boeing+stock

A single crash won't usually tank the company's stock, nor should it.

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lisper 2610 days ago
> What happened on March 8?

The stock dropped 5%. And your point would be...?

> A single crash won't usually tank the company's stock, nor should it.

This was two crashes. Caused by gross negligence. Yeah, that ought to put a dent in the stock price IMHO.

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