[posting]63725464[/posting]SoftBank's Latest Presentation: A Surreal Slideshow Of Unicorns Running, Plunging, Flying
by Tyler Durden
Mon, 05/18/2020 - 14:45
Going into today's Softbank results, we knew they would be catastrophic, and sure enough the company did not disappoint (the bears), when the poster child for all that is wrong with the central banks' "everything bubble" (and the company which last October we said would be the "bubble era" short of the century) reported this morning that it lost 1.9 trillion yen ($17.7 billion) in 2019 after writing down the value of its numerous "unicorn" investments, including WeWork and Uber Technologies.
... \ud83d\udcb6 ... das neue Deutsche Bank Logo ... -1 - 2 = ...
The company posted an overall operating loss of 1.36 trillion yen in the 12 months ended March and a net loss of 961.6 billion yen, confirming preliminary earnings results released last month. The losses are the worst ever in the company’s 39-year history. ...
https://www.zerohedge.com/markets/softbanks-latest-presentat…
... \ud83d\udca3 ... das Corona-Epizentrum liegt nicht in Wuhan/China ...
