Originally Posted by Sunfish
who is wearing the currency risk?
The shareholders & employees - they are the hedge, those risks will be spun as "unforeseeable".
I've come to the conclusion that Alan is simply a salesman & gambler - a student of language & persuasive techniques. He has continued to double down the grand mistakes of his predecessor, playing for time & praying for "
fortuna" to salvage the situation.
The problem for Alan is he is selling a vanishing illusion & no amount of persuasion or the willing of fortune can restore the what has been destroyed (capital in Asia) or given away (Emirates).