“that’s a huge loss, an irreversible one”
That’s what happens when you elect satan’s spawn.
When a sensible board of directors sees one part of a company that's failing badly and losing money, they start looking at what the management of that part might be doing wrong, and taking steps to correct the problem, possibly including replacing the management if they can't or won't fix it.
When the College of Cardinals saw that the Latin American church was in terrible trouble and hemorrhaging membership at an alarming rate, they elevated one of the senior managers of that troubled subsidiary to CEO. Don't fix the problem, propagate it. Go figure.