“Boeing is facing an intense backlash after the release of internal messages that revealed employees mocked regulators and admitted flaws in its troubled 737 Max jet that crashed twice in five months.”Financial Times
January 10, 2020
“A (Boeing) employee wrote: “‘This aeroplane is designed by clowns who in turn are supervised by monkeys.’”
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Boeing’s reputation for safety, and thus its cash flows, have been imperilled.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
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