Curtain twitch said
Boeing wiped out the North American passenger jet industry all by itself
Not even close
1) Douglas did not know what the real cost of its DC-9 was- could not meet payroll
2) John McDonnel learned how to suck Govt tit - and bought out Douglas
3) Then mcdonnel proceeded to stiff employees and Donald Douglass jr
4) lockheed dropped out of Commercial due to issues with l-1011
5) Things got tough with various fubar on dc-10/11 hired GE whiz bang Stonecipher
6) Problems with DC10-11 sunk that program
7) Boeing got over its skis a bit under Philbert and bought out mdc to get part of govt money inherited stonecipher
8) The rest is history