1.0Fasti Newshttps://www.fastinews.com/iNWSrich600338<blockquote class="wp-embedded-content" data-secret="mHlbQSC03U"><a href="https://www.fastinews.com/iNWS/boeings-biggest-blunder-financial-engineering/">Boeing’s biggest blunder? Financial engineering.</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.fastinews.com/iNWS/boeings-biggest-blunder-financial-engineering/embed/#?secret=mHlbQSC03U" width="600" height="338" title="“Boeing’s biggest blunder? Financial engineering.” — Fasti News" data-secret="mHlbQSC03U" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://www.fastinews.com/iNWS/wp-content/uploads/2024/12/boeingfig-59be440adc56ffcacd8ac162a89d04d41aa6637c-scaled.jpg25601920Boeing continues to struggle. Safety concerns, a door blowing off mid-flight, a labor strike, impending layoffs ... and that's just the past year. What's gone wrong at Boeing? For many observers, the mistake was shifting focus from engineering to financial engineering. Today on the show we explain what financial engineering is and why this cultural change at Boeing may have led to the company's current problems. Related Episodes: Help Wanted at Boeing Boeing's woes, Bilt jilts, and the Indicator's stock rally For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. (Image credit: Stephen Brashear)