3 ms·
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
by catnaroek 11y ago
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.
- dv_dt 11y agoThough 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.