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Boeing 737 MAX Crashes and Grounding News

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  1. #101

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    Jun 2010
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    Nobody is going to jail, but who actually expected real consequences?

    https://www.bbc.com/news/business-55582496


  2. #102

    Join Date
    Mar 2010
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    1,194
    Quote Originally Posted by timonoj:
    Co-ops are a big deal in the north of Spain. Some groups are rather large enterprises trading around the whole country and internationally, like the one mentioned in the article. Their companies are known for offering really good and honest deals. That said, I can't quite imagine a co-op airplane maker...
    I come from this region in spain and my neighbours back at home work for the infamous "Group Mondragon" and all its huge number of subsidiaries.

    These coops also are prone to coming incurable toxic environments as people become apathetic. Within "Grupo Mondragon" one of the biggest companies Fagor (home appliances) had a spectacular bankruptcy due to people's apathy... People not working, not giving a shit, leaving early, copying other peoples indifference spread through the company.

    Fagor was worth 2 or 3billon was firesold for peanuts way below any kind of book/asset or revenue valuation... and loots like they went bust again... twice in 3 years.
    https://elpais.com/economia/2017/10/...61_185570.html

    I watched a documentary about Boeing and quite honestly it sounded the same as Fagor.... I am not saying that Fagor is the end of Co-ops but they aren't the cure for all problems.

  3. #103

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