Lawmaker blames investors for Boeing's race to sell troubled 737 Max: 'This all starts on Wall Street'

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Lawmaker blames investors for Boeing's race to sell troubled 737 Max: 'This all starts on Wall Street'
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Lawmaker blames investors for Boeing's race to sell 737 Max: 'This all starts on Wall Street'

The Boeing 737 Max has been grounded since mid-March after two nearly-new 737 Max planes crashed within five months of each other.

At the center of the crisis is a flight-control system that has been implicated in both crashes. The system was added to avoid the plane from going into a stall, which could happen if the nose of the jets is jointed too high. In the crashes, sensors received erroneous data and the nose of the jets was aggressively pointed downward until their final dives.

Because of the changes it made to the planes, Boeing also added a system, known as the Maneuver Characteristics Augmentation System, or MCAS, to detect whether a plane is in a stall and automatically push the aircraft's nose down, the way planes recover from such a position. Investigators are looking at whether the sensors on the doomed Lion Air plane erroneously showed the aircraft was in a stall.

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