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by VT_Dude 2337 days 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-annua...
1 comments

Correct - See "big bath" accounting.