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Old 6th Feb 2018, 11:35
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Thomas coupling
 
Join Date: Aug 2000
Location: UK
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Regarding the fact that no-one is worth $100 million.
In 1992, Boeing undertook an investigation after another 737 crashed killing 25, when it found out that the screw jack on the rudder 'ran away'. They worked out that to retro fit all of the 737's out there would cost "X" but paying the projected number of deceased (estates) due to this sort of incident happening again would be "Y". As "X" was way higher than "Y" it was decided to keep the results of their findings to themselves and they asked the FAA to comply. The FAA complied!
The findings determined that the cost of all the payouts that 'might' happen in future amounted to "Y" and that this figure divided by the number of passengers affected was $800 each. $800 is what Boeing and the FAA decided a life was worth to hide the truth.

Even affording a million pounds a year to look after someone until they die - $100 million is way too much.
Lawyers run this world, not common sense.
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