[QUOTE=Big Pistons Forever;10598824Boeing returned over 90 BILLION dollars to shareholders in the form of dividends and share buybacks in the last 10 years. That money came from a company top to bottom emphasis on cheap and fast, instead of spending the money and taking the time to do things right.
Like Exxon and BP the Boeing C suite executives got their fat bonus cheque’s as the stock price soared oblivious to fact they were destroying the company......[/QUOTE]
Not just the C-suite. If you're eligible for a bonus, the size of the total bonus pot is linked to financial performance and some of your bonus may well be in deferred stock, so the cheap and fast mentality can be stamped on most of management. And while stock price is an indicator of a company's perceived performance and value, focusing solely on stock price, and boosting it with dividends and buybacks, can end up like "teaching to the test". IMHO the tanker mess was another example of an emphasis on cheap and fast.
A major fall in Boeing stock in 2020 - and we can't rule out that happening - will not only act as a drag on the Dow, but will be a pitch-perfect parable of Bad Capitalism for Warren or whoever in November.