Toshiba has reported another huge loss as it continues to try to recover from the bankruptcy of its Westinghouse nuclear unit:
Toshiba has filed its delayed financial results, warning that the company's survival is at risk. "There are material events and conditions that raise substantial doubt about the company's ability to continue as a going concern," the company said in a statement.
The electronics-to-construction giant reported a loss of 532bn yen (£3.8bn; $4.8bn) for April to December. However, the results have not been approved by the firm's auditors. These latest financial results have already been delayed twice and raise the possibility that Toshiba could be delisted from the Tokyo Stock Exchange.
Previously: Toshiba Nuked Half its Assets
Huge Nuclear Cost Overruns Push Toshiba's Westinghouse Into Bankruptcy
(Score: 0) by Anonymous Coward on Thursday April 13 2017, @03:04AM (1 child)
These "libertarian" principles pervade society already; they are the very principles that make modern society so fantastically productive, even despite the parasitical existence of The State.
The vast majority of interactions in modern society occur according to such contracts, whether cultural or explicit. Most "private" business is conducted around these very ideas, and most disputes are resolved through private arbitration.
You want to know where the "libertarian" society is? Look around you!
There is just one snag: Nobody realizes it; it's a lot easier to see the flags, and hear the national hymns, and stand for the pledges of allegiance, and sit in awe of the domed capitol buildings, and thereby mistake such things as the foundations of success. Productivity knows no hand-drawn borders; it weaves and contorts its way around every distortion, perhaps raising its head every now and then as the evil "black" market wherever government got just a little to deluded by its own false sense of importance.
(Score: 0) by Anonymous Coward on Friday April 14 2017, @08:51AM
These "libertarian" principles pervade society already; they are the very principles that make modern society so fantastically productive, even despite the parasitical existence of The State.
You stupid, stupid, dumbfuck of a libertariantard Anonymous Coward! You actually believe this tripe? (Tripe, that is, cow's stomach. I know you are probably not all that literate, since you are a dumbfuck libertariantard, so I will help you out with some helpful notes as we go along.) No, it is the cooperation of well meaning fellow citizens that makes a society productive, the efforts of "Entrepreneurs", "investors", and "capitalists" generally just fuck over entire projects. Case in point: Donald John Trump, the only "businessman" in modern history that managed to bankrupt a Casino. Really, how stupid do you have to be to lose money on a rigged system like that? And then he turns to Electoral Politics? It is only the State that saves us from such parasitical bastards, what with their shorting payments that they have contracted, using to the courts to protect them from creditors, and any number of really immoral, selfish, nasty, illegal, Mafiosi, and dirty moves. Economies thrive in spite of their libertarians, not because of them. Now come back when you are twenty three, and you have stopped masturbating to the "Fountainhead".