top | item 21812680

(no title)

tempguy9999 | 6 years ago

> indemnified up the wazoo

Really? Are you sure boeing is, given the cost-savings that not being insured would make (I mean the mgmt is clearly penny-pinchingly stupid enough).

But even if boeing is insured, you can bet your butt the insurers will have an explicit or implicit clause that voids the insurance on 'reasonable grounds', and they will argue (correctly) that knowingly producing flawed products (when it became evident at least) matches that getout perfectly.

Even if they lose the insurers will basically move into a courtroom, sleeping bags and all, to tie things up forever. It's cheaper than paying out.

My opinion anyway.

discuss

order

No comments yet.