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New York Post
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Boeing to pay $1.1B, avoid prosecution in DOJ deal over deadly 737 Max crashes

1. Boeing avoids prosecution by paying over $1 billion for 737 Max crashes. 2. The agreement includes $444.5 million for crash victims' families. 3. Boeing faced severe criticism for avoiding a felony conviction. 4. Stock down 0.5% following the announcement of the agreement. 5. Safety compliance program enhancements are mandated by the Justice Department.

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FAQ

Why Bearish?

Avoiding prosecution may foster ongoing public skepticism and damage reputation, similar to past impacts on stock prices during controversies.

How important is it?

The significant financial outlay and non-prosecution agreement can affect investor sentiment and regulatory environment.

Why Long Term?

The long-term effects may persist as Boeing rebuilds credibility, which can affect share price vis-à-vis regulatory responses and public perception.

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