[lorenb]

> If the corner-cutting that led to 737 Max problems is to be understood as a "greed" move, it's a pretty incompetent one, because Boeing is almost certainly out billions over the mess.

Incompetence and greed aren’t mutually exclusive.

If you take the word of all of the good engineers who were pushed out or quit in frustration over the financialization of the company after the McDonnall Douglas merger, then “omg greed” really does explain everything.

Note that this could have been (and was) predicted by anyone with half a brain:

“On some level, though, he saw it all coming; he even demonstrated how the costs of a grounded plane would dwarf the short-term savings achieved from the latest outsourcing binge in one of his reports that no one read back in 2002.*“

https://newrepublic.com/article/154944/boeing-737-max-invest...