They have been doing this for years.

A company that is intending on being sold makes people reduntant to make the books look better. The new owners go in and make even more cuts. The new owners sees that the company is not doing so well, so they sell and the whole thing happens all over again. Silly but true.
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10712774

Japans earthquake 8.9 then tsunami

First our Christchurch City in New Zealand, and like something thought that that was not enough death and destruction, multiplied it by too much and hit Japan like it was a little ant colony :-(
With my heart still hearting for our Christchurch people, its now going out to Japan.
http://www.3news.co.nz/Japan-Earthquake-spawns-ferocious-tsunami/tabid/417/articleID/202014/Default.aspx