Need help to see what I did is correct? (Financial Acct: Ethics Case)?

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Accounting (Ethics Case)

A May 20, 2002, "Business Week" story by Stanley Holmes entitled "Boeing's Secret" discusses issues surrounding the timing of the disclosure of information at the giant airplane manufacturer. To summarize, on December 11, 1996, Boeing closed a giant deal to acquire another manufacturer, "McDonnell Douglas". Boeing paid for the acquisition by issuing shares of its own stock to the stockholders of McDonnell Douglas. In order for the deal not to be revoked, the value of Boeing's stock could not decline below a certain level for a number of months AFTER the deal.

The article suggests that during the first half of 1997 Boeing suffered significant cost overruns because of severe inefficiencies in its production methods. Had these problems been disclosed in the quarterly financial statements during the first and second quarter of 1997, the company's stock most likely would have plummeted, and the deal would have been revoked. Company managers spent considerable time debating when the bad news should be disclosed. One public relations manager suggested that the company's problems be revealed on the date of either Princess Diana's or Mother Teresa's funeral, in hope that it would be lost among those big stories of the day. Instead, the company waited until October 22 of that year to announce a $2.6 billion write-off due to cost overruns. Within one week the company's stock price had fallen 20%, but by this time the McDonnell Douglas deal could not be reversed.

a) Who are the stakeholders in this situation? McDonnell Douglas because they were issued Boeing's stock but now its worth nothing because it went down in value by 20%.

b.)What are the ethical issues? The debate of the timing of when they should reveal the bad news to the public about their cost overruns.

c) What assumptions or principles of accounting are relevant to this case? not accurate financial statements that were recorded (??)

d.) Do you think it is ethical to try to "time" the release of a story so as to diminish its effect? The company should be honest and inform the public upfront because the public is what keeps the company going.

e.) What would you have done if you were the chief executive officier of Boeing? Kept accurate records in financial statement for no errors to give a false finanical health of the company. or if I knew the company's health wasn't good I wouldn't have issued the stock to McDonnell.

f) Boeing's top management maintains that it did not have an obligation to reveal its problems during the first half of 1997, and that it wouldn't do anything differently today. What implications does this have for investors and analysts who follow Boeing's stock? That Boeing isn't that good at keeping financial statements (???) Help*

I just want to know if my answers are right or wrong and it would be greatly appreciated if any of you can help me if i'm wrong...I never took an accounting class before. This is new stuff to me.

Thanks so much in advance.