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A comment on Fantasy Math Is Helping Companies Spin Losses into Profits. Parent comment

Re:Fantasy Math Is Helping Companies Spin Losses into Profits by catnaroek on Monday April 25, 2016 @08:15PM (#11568427)
If losses can be socialized (which they indeed can, if you're big enough), it's smart (albeit sociopathic) not to bother mitigating risks. It's much cheaper to PR your way out of disasters than to actually prevent them from happening.
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Re:Fantasy Math Is Helping Companies Spin Losses into Profits by dv_dt on Monday April 25, 2016 @10:52PM (#11569110)
Though sometimes it seems like it's executives reaping short term gain while the company itself pays the long term cost at a later point after the execs have moved on.
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