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hedge_fun

04/23/12 1:30 PM

#22745 RE: pickinNclickin #22742

an impairment charge is not necessarily due to a bad investment



Companies that have to write off billions of dollars due to impairment have not made good investment decisions.

Read more: http://www.investopedia.com/articles/analyst/110502.asp#ixzz1ssyWmDJR

I know, I am twisting words, right? They only lost MILLIONS, not BILLIONS!