To: jimbo123
They wanted to throw the severance costs into this year because last year was already so bad, according to one former exec.
This statement makes no sense. Most corporations - when they have a bad year - throw in all the expenses they can find of a non-recurring nature - to set the stage for a comeback and profitable year following.
23 posted on
02/06/2013 6:45:11 AM PST by
Cheerio
(Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
To: Cheerio
I agree. Why insure 2 bad years in a row?
Doesn’t make sense.
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