• rio [none/use name]@hexbear.net
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    5 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.