Nikki Haley on board of Boeing!

 
Balfizar1
 
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Balfizar1
Total Posts:  26
Joined  11-07-2019
 
 
 
23 November 2019 19:07
 

Former U.S. Ambassador to the United Nations Nikki Haley has officially joined Boeing’s board of directors.
Haley was voted in at a shareholder meeting on Monday, company spokesman Chaz Bickers told The Hill in a statement.
The former Trump administration official serves on the corporation’s audit and finance committees, according to its website.
The company first announced Haley’s nomination to the board in February.
“It’s an honor to have the opportunity to contribute to Boeing’s continued success as a cutting edge industry leader and a great American company,” she said in a statement at the time.

Since Haley’s nomination earlier this year, Boeing has come under scrutiny after an Ethiopian Airlines flight on a Boeing 737 Max aircraft crashed in March, killing all 157 people on board.  It was the second 737 Max crash in six months, following a Lion Air crash in October that killed 189 people. The crashes prompted a series of investigations and groundings of the Boeing aircraft in many countries around the world, including the U.S.

Haley, who previously served as governor of South Carolina, left her Trump administration post in October to take a “step up” into the private sector, she wrote in her resignation letter.


Have not heard a word from Republicans about the worth/contributions/experience Haley could bring to the board of Boeing.  Everybody knows its about name recognition, influence peddling, door opening and connections.

 
 
Cheshire Cat
 
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Cheshire Cat
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23 November 2019 19:30
 

Same old story.

Work in government. Quit. Join giant corporation. Use your past political connections to peddle influence on behave of giant corporation. Make lots of money.

Rinse and repeat.

 
 
Garret
 
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Garret
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25 November 2019 13:57
 

Term limits and increasing the rate of turn over should help with that.  [/sarcasm]

 
mapadofu
 
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mapadofu
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25 November 2019 14:22
 

High turnover might make lobbying gigs less valuable — supply and demand.

 
Garret
 
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Garret
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25 November 2019 14:41
 

They don’t hire them because they value their expertise as lobbyists.  They hire them as a fulfillment of a promise given to ensure beneficial legislation.

Corporation A makes billions of dollars.  It wants to make a couple billion more.  It finds a sympathetic legislator, promises to hire them if they pass a law that benefits the corporation.  The law passes.  Corporation A makes a couple billion more and hires the legislator after they leave office.

Next year, Corporation A is making billions of dollars, and wants to make a couple billion more.  Since the previous legislator left office and came to work for them, they have to deal with this new legislator.  Is the demand for the new legislator reduced by having hired the previous one?  How did term limits influence demand for hiring legislators?