Boeing CEO DESTROYED By Senator Josh Hawley

Boeing CEO DESTROYED By Senator Josh Hawley

June 22, 2024

CAPITALISM - FOLLOW THE MONEY

The Jimmy Dore Show

Boeing CEO David Calhoun testified before the Senate Homeland Security and Governmental Affairs Subcommittee on Investigations on June 18, 2024, to answer questions about the company’s safety record and recent issues with the 737 Max aircraft.

The hearing was marked by tense exchanges between Calhoun and senators, particularly Senator Josh Hawley (R-MO), who pressed the CEO on his compensation package and the company’s handling of safety concerns.

Calhoun received $32.8 million in total compensation in 2023, a 45 percent increase as compared to $22.6 million in the previous year.

Hawley attacked Calhoun saying he only cares about "cutting corners" and extracting as much money as possible from the aviation behemoth, with little regard for the company's openness, the safety of its passengers, or quality assurance.

“You're eliminating safety procedures, you're sticking it your employees, you're cutting back jobs, you're trying to squeeze every piece of profit you can out of this company... You're strip mining Boeing... for profit, shareholder value and you're rewarded for it. You got a huge raise, you increase, so it's working out great for you,” Hawley scolded Calhoun.

Jimmy comments on just how slippery Calhoun appeared in providing his non-answers to Hawley’s questions about safety, quality control and transparency.

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Original: https://youtu.be/NkJ55kGyCQc

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