• rio [none/use name]@hexbear.net
    link
    fedilink
    English
    arrow-up
    27
    ·
    6 months ago

    There was another US plane manufacturer named MacDonald Douglas that went to shit because the finance bros took over.

    Boeing, at the time, was far more successful because it was essentially led by the engineers and so made high quality planes.

    As MacDonald was going under, the US government organized a buyout and Boeing acquired MacDonald.

    MacDonald engineers became Boeing engineers but the MacDonald finance bros also became Boeing finance bros and since the shareholders love their treats they were delighted to support said finance bros in doing to Boeing what they did to MacDonald.

    • BestBouclettes
      link
      fedilink
      English
      arrow-up
      13
      ·
      6 months ago

      Effectively, Boeing became McDonnell Douglas instead of the opposite