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by barry-cotter
2278 days ago
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How would better governance help? This is a once in 50 years event minimum and losing all your custom for three months is enough to wipe out the accumulated profit of a decade for all but the most well capitalized businesses, with no shareholders clamoring “Where are my goddamned dividends?” It’s not like you can take insure for a risk like this either. There’s a substantial risk your insurance company and their reinsurance company will go bust. |
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