Hacker News new | ask | show | jobs
by JumpCrisscross 2887 days ago
> an underlying trend of continued growth

I understand the reasoning, and frankly agree with it. It's just funny. I don't remember banks, post-crisis, breaking their numbers out so overtly. Usually it was "less one-time charges" or something similarly circuitous.

1 comments

This is sort of why GAAP and IFRS are constantly-evolving reporting standards: companies always want to present the best-possible version of events and investors always want to know the bad news.