Quote:
Originally Posted by El Lobo Gordo
When you have revenues of $80 billion, you don't get cancer on Jan 1 and die Dec 31 of the same year. When you have $80 billion in annual revenues you are so big that if you are cancerous and terminal, it just might take 8-10 years for death to come.
Boeing's problem is they have gotten so big and stodgy they confuse the symbols of good performance with actual good performance. They think they did well because a line on a financial statement looks pretty good. The executives pat themselves on the ass because they saved a buck here. The fact they couldn't produce a functional space craft....well thats just a blip they'll figure out in the next quarter.
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We'll have to see what changes the new CEO puts in place and whether he can right the ship.