3 ms·
Boeing just posted it's first full-year loss since 1997. If you have to tell your investors bad-news, better to throw in all of the potential bad news that you
by VT_Dude 7y ago
Boeing just posted it's first full-year loss since 1997. If you have to tell your investors bad-news, better to throw in all of the potential bad news that you were on the fence about than to have to make follow-up announcements. (Honey I totaled the car, and the other car may be out of gas, and all our toilets might be backed up.)
https://abcnews.go.com/Business/wireStory/boeing-posts-annual-loss-1997-max-costs-rise-68608773 https://abcnews.go.com/Business/wireStory/boeing-posts-annua...
- kapnobatairza 7y agoCorrect - See "big bath" accounting.