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Oct 29, 2019
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james, to that particular exchange, dennis muilenberg insisted he never read the texts until very recently though boeing knew of them as early as february, after the first crash a year ago. what do you make of muilenberg's claim that he had not read these texts at all until recently? >> i would imagine that boeing's stockholders are looking to their new ceo and their newly-created safety committee which they did not have in place before to make the determination whether this individual is the person who created the culture that has resulted in some of the worst chapters in aviation history, whether this person is the person to carry bowing into the future. i would have serious reservations. liz: you have serious reservations. he kept saying well, other people took care of that. it was those text messages from test pilots two years ago. i mean, the actual transcript is unbelievable. they're terrified. they said we can't control this thing, and that was just in the testing stage. that was safety issues. what came out of this today that you feel is important? >> well, i just think it upds sco
james, to that particular exchange, dennis muilenberg insisted he never read the texts until very recently though boeing knew of them as early as february, after the first crash a year ago. what do you make of muilenberg's claim that he had not read these texts at all until recently? >> i would imagine that boeing's stockholders are looking to their new ceo and their newly-created safety committee which they did not have in place before to make the determination whether this individual is...
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Oct 29, 2019
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boeing ceo dennis muilenberg faces harsh criticism today, let's head to grady who has been covering this for us, powerful words from the people. reporter: criticism from not only lawmakers, but family members as well, muilenberg made it appoint to apoll jiedvise tom right at the beginning, the family members say that was not enough, and his answers were not enough, lawmakers were asking questions as family members held photos of loved one they lost in the crashes. questions and accusations about boeing's relationship withs faa and whether it was too cozy with people who regulate the planes they make. and whether they were working and rushing to get the plane in the air, put profit over safety, muilenberg did admit to mistakes on the way. he said there was a problem with the system. and family members of the victims say he did not enough to take ownership. bring up senator ted cruz, he pointed out two text-messages 29 two pilots. muilenberg said he did not know the details of the messages until the past few weeks. >> how in the hell did nobody bring this to your attention? and how did you
boeing ceo dennis muilenberg faces harsh criticism today, let's head to grady who has been covering this for us, powerful words from the people. reporter: criticism from not only lawmakers, but family members as well, muilenberg made it appoint to apoll jiedvise tom right at the beginning, the family members say that was not enough, and his answers were not enough, lawmakers were asking questions as family members held photos of loved one they lost in the crashes. questions and accusations...
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Oct 30, 2019
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on the east coast. 737 max crisis, boeing ceo dennis muilenberg, investors back on capitol hill thisup. we hear from general electric, technology in focus as well after close, apple and facebook set to report earnings after 4:00 o'clock today, all of that coming up. markets look like this ahead of all of that, fractional move and nasdaq down just a fraction, then this, the world series headed to a game 7, washington pulling out another win last night on the road, game full of excitement and controversy, all the highlights height here mornings with maria begins right now. ♪ ♪ maria: big show this morning, joining the conversation ceo omid back with us, president of maslansky + partners lee is
on the east coast. 737 max crisis, boeing ceo dennis muilenberg, investors back on capitol hill thisup. we hear from general electric, technology in focus as well after close, apple and facebook set to report earnings after 4:00 o'clock today, all of that coming up. markets look like this ahead of all of that, fractional move and nasdaq down just a fraction, then this, the world series headed to a game 7, washington pulling out another win last night on the road, game full of excitement and...
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Oct 29, 2019
10/19
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you heard, senator ted cruz and senator tammy duckworth, republican and democrat went off on dennis muilenbergay the sound bites. those are pretty intense. james hall, the former ntsb chair. we'll talk to him about what he thinks will happen. charles: i am especially interested that in beyond. i think it is oversold. i can't wait to watch the show. >> he is saying hold on and add. charles: make sure you tune in like you always do to the "claman countdown." it is of course at the top of the hour. >>> one texas university is giving a students a first-hand experience when it comes to investing in the stock market. they are using the millions of the school's dollars. >> imagine that, millions of dollars used by the kids, and i went back to the school at university of in dallas. watch. you give $10 million to a group of how many students and they put that into the stock market? >> we have 35 students in our undergrad class, 30 in the grad class. grads have $6 million. undergrads have $4 million. >> this is live ammunition. they are given by key donors. they want the student to have a real experienc
you heard, senator ted cruz and senator tammy duckworth, republican and democrat went off on dennis muilenbergay the sound bites. those are pretty intense. james hall, the former ntsb chair. we'll talk to him about what he thinks will happen. charles: i am especially interested that in beyond. i think it is oversold. i can't wait to watch the show. >> he is saying hold on and add. charles: make sure you tune in like you always do to the "claman countdown." it is of course at the...
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Oct 29, 2019
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in the hot seat, boeing ceo dennis muilenberg testifying before the senate transportation committee a year to the day after two fatal crashes involving the boeing 737 max. grady trimble live on capitol hill with the latest. reporter: lawmakers grilled muilenberg for two half hours questioning whether boeing was a little too cozy with faa regulators as many critics said. they questioned whether boeing put profits over safety in a rush to get the 737 max certified that was involved in two crashes t has been grounded since the second one in march. muilenberg admitted the company made mistakes. there was a problem with the flight control system largely to blame in both those crashes. families of the victims, they looked on here in the hearing room, holding photos of loved ones. they're not satisfied with muilenberg's answers or his apology today. >> i don't care for mr. muilenberg's remarks. i don't know what he feels inside. i get my solace from my friends and family, not from the people who caused the death of my sister. >> these loved ones never had a chance. they were in flying coffin
in the hot seat, boeing ceo dennis muilenberg testifying before the senate transportation committee a year to the day after two fatal crashes involving the boeing 737 max. grady trimble live on capitol hill with the latest. reporter: lawmakers grilled muilenberg for two half hours questioning whether boeing was a little too cozy with faa regulators as many critics said. they questioned whether boeing put profits over safety in a rush to get the 737 max certified that was involved in two crashes...
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Oct 29, 2019
10/19
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the boss of boeing — dennis muilenberg — has been grilled by us senators over the 737 max jet — who'vesafety. 346 people were killed in two separate crashes involving the plane. take a look at this from congress. those pilots never had a chance. these loved ones never had a chance. they were and flying coffins as a result of boeing deciding that it was going to conceal this from the pilots. in the over 1600 page originalflight pilots. in the over 1600 page original flight manual of boeing 737, they knew the computer system was mentioned only once, once in 1600 pages. in the glossary of abbreviated terms. so when boeing came to us and said it was an experienced pilots, you are lying to us experienced pilots, you are lying to us as well. senator, if i could try to respond to your question. first of all, the premise that we would lie or conceal isjust not consistent with our values. boeing has not told the whole truth and the people looking at this. the pilots did exactly what they're supposed to do in five seconds later, especially if that is still stock, it overrides what the pilot does
the boss of boeing — dennis muilenberg — has been grilled by us senators over the 737 max jet — who'vesafety. 346 people were killed in two separate crashes involving the plane. take a look at this from congress. those pilots never had a chance. these loved ones never had a chance. they were and flying coffins as a result of boeing deciding that it was going to conceal this from the pilots. in the over 1600 page originalflight pilots. in the over 1600 page original flight manual of boeing...
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Oct 29, 2019
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dennis muilenberg faced the senate commerce committee. he began with an apology to the families. >> on behalf of myself and the d ng company we are sorry truly eply sorry. >> yang: senators from both parties slammed muilenberg onet questions of sand accountability. some flatly accused him of outright decepti he was asked whether damaging information had beenback about the automated flight control system, known as m-cas, that has bn blamed for the ashes. democratic senator richard blumenthal of connecticut. >> boeing came to my office shortly after these crashes and said they were a result of pilot error. those pilots never had a chance >> yang: the hearing was tense and senators showed patience with muilenberg as in this exchange with democrat jon tester of montana. >> we share your fus on safety and can say one priority. >> but we failed in this case and there is a whole bunch of people going through incredible anguish because we failed. >> yang: recently disclosed documents show a test pilot complained in november 2016 that the system w
dennis muilenberg faced the senate commerce committee. he began with an apology to the families. >> on behalf of myself and the d ng company we are sorry truly eply sorry. >> yang: senators from both parties slammed muilenberg onet questions of sand accountability. some flatly accused him of outright decepti he was asked whether damaging information had beenback about the automated flight control system, known as m-cas, that has bn blamed for the ashes. democratic senator richard...
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Oct 30, 2019
10/19
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the company's ceo dennis muilenberg has apologized for the crashes of two 737 max planes which killedhe has been confronted with internal documents that suggest test pilots may have known about faults in the system. there have also been questions raised about whether there need to be changes in regulation in the industry. for one democratic congressman, the fact that boeing's ceo hasn't paid a higher price was a major point of contention. is anybody at boeing taking a cut or working for free to try and rectify this problem? like the japanese would do? congressmen, it is not about the money for me. are you giving up any money? congressmen, my work conducted a comprehensive review... so you're saying you're not giving up any compensation atall? you are continuing to work and make $30 million a year after this horrific to accidents that caused all these people's relatives to go, to disappear, to die? difficult times for the ceo. as we have already discussed there are many faces and personalities from the house of commons that will disappear before parliament reconvenes in the new year. b
the company's ceo dennis muilenberg has apologized for the crashes of two 737 max planes which killedhe has been confronted with internal documents that suggest test pilots may have known about faults in the system. there have also been questions raised about whether there need to be changes in regulation in the industry. for one democratic congressman, the fact that boeing's ceo hasn't paid a higher price was a major point of contention. is anybody at boeing taking a cut or working for free to...
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Oct 30, 2019
10/19
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i'm just going to break away briefly because dennis muilenberg has just arrived on capitol hill.tart talking to reporters, i believe. i think he's got a statement of some sort, and we're going to listen in to what he's got to say. this is day two of his testimony. he's approaching the microphone. >> morning. it's good to be with you here this morning. thank you. looking forward to today's hearing, and we appreciate the opportunity to talk with the house today. we know there are important topics to cover, we're all focused on aviation safety. and begin the anniversary of lion air flight 610, it's important queen the victims' families in our hearts and minds here. that's the most important thing today. thank you. >> [inaudible] regulators in that he heavy -- [inaudible] >> andrew, as i mentioned, that was a top you can i was briefed on earlier this year. i'm sure that'll be a topic of discussion at today's hearing as well. >> they're going to is ask you, apparently, about managers who -- [inaudible] can you tell the us -- [inaudible] >> yeah. i believe in this case they're referrin
i'm just going to break away briefly because dennis muilenberg has just arrived on capitol hill.tart talking to reporters, i believe. i think he's got a statement of some sort, and we're going to listen in to what he's got to say. this is day two of his testimony. he's approaching the microphone. >> morning. it's good to be with you here this morning. thank you. looking forward to today's hearing, and we appreciate the opportunity to talk with the house today. we know there are important...