“The deal will not acknowledge, in any way, that Boeing’s crime killed 346 people,” he said in an email. “The families will strenuously object to this plea deal.”

The US Department of Justice will charge Boeing with criminal fraud, Bloomberg reported, leaving the planemaker to choose between pleading guilty or taking the risk of going to trial, just as the company finalizes its acquisition of Spirit Aerosystems for $4.7 billion.

Boeing has until the end of the week to decide whether to plead guilty to the charge, the department told the families of victims of two fatal 737 Max crashes and their attorneys in a meeting Sunday, Bloomberg reported citing “people who asked not to be named.”

Yet contrary to speculation that the DOJ would seek a pound of flesh from the Chicago-based planemake, the department will only pursue a proverbial slap on the write as it informs Boeing it will have to pay an additional criminal fine of only $243.6 million on top of the $243.6 million already paid with a 2021 deferred-prosecution agreement, bringing the total amount of fine close to $500 million, or roughly the price of five of the giant paperweights better known as 737 MAX airplanes. The company will also have to hire a corporate monitor for three years, they said.

the total punishment is far less than the monetary damages slapped on Alex Jones, even though last time we checked nobody died as a result of Jones’ newscast.

https://www.zerohedge.com/markets/doj-offer-boeing-sweetheart-plea-deal-criminal-fraud-boeing-agrees-buy-spirit-aero-47bn

 

No doubt Boeing/DOJ are anxious to get the paperwork processed on this sweetheart deal BEFORE the current administration is kicked out of office!  Another sickening story on a Sunday night!