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How Wall Street measures death
#1
This depressed me. As some may know, there was a death at a Six Flags theme park recently in Texas when a women fell out of a roller coaster due to a failed restraint mechanism.

What's the kicker?

The CEO of Six Flags has to console the jumpy ticker-tape watchers on their potential short term losses.

Oh-jeez

http://www.usatoday.com/story/money/busi...t/2574495/
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#2
I think my head just exploded.

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#3
While it sounds gruesome, it's not necessarily unfeeling.

When preparing annual reports and other reports, the company is required by law to discuss their current risks from a cold, analytical viewpoint. It's part of the requirements "we, the people" have properly insisted that companies comply to in order to protect the investing public. And you probably ARE an investor, whether through retirement accounts, bank accounts, your employer, etc.

If the death does pose a financial risk to the company, they have to disclose and discuss it. If they don't some scumbag lawyer will file a class action suit and waste a bunch of the company's, stockholders', and employees' money. Or the government will do the same.

I didn't read the actual report from Six Flags. The announcement might have been worded badly.

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