As the size and severity of the corporate crime wave surges, Congress is asleep at the switch. The mostly captive Capitol Hill Gang has sat on an antiquated federal criminal code, starved the budget of regulatory health, safety, and consumer/labor protection agencies, and let corporate crooks routinely get away with their crimes.
Jim McNerney, CEO
The Boeing Company
100 North Riverside
Chicago, IL 60606
Dear Mr. McNerney:
The squeeze that you and Boeing are putting on your machinist workers’ pensions, pay scales and your stance on other labor issues regarding the assembling of the new 777X airliners is unseemly for several reasons.
First, consider your pay this year of $21.1 million, a 15 percent increase from the previous year, and much higher than your predecessors. Continue reading