Yes, but with finance based on transitory MBA executive suites job-hopping around the corporate world, the right play is to price in the risk during your term a

Yes, but with finance based on transitory MBA executive suites job-hopping around the corporate world, the right play is to price in the risk during your term and a bit after, so the 10-year risk is ignored, but if you can strip everything out of redundancy, product development, etc., the numbers will look better for a while, you get your bonus package, and move to the next opportunity/victim. When things have been built to last, there is a lot of "fat" that can be cut - for a while. The numbers will always look better - until they don't. When the music stops, the "lean" "financial engineers" will be long gone, and those still there will have not the slightest clue how to re-start a culture of serious product/service development or robust operations, and the corp falls into a death spiral. If you are a trader, you DGAF. If you are an investor, watch for numbers improving without product and operations improving, and new markets being opened.