Just last week, I wrote about SIA and argued that a business being important does not necessarily mean it is a safe or profitable investment. I didn’t expect the warning would echo back to me so quickly via a different company. This week, it was SPH’s turn to make the headlines. It made a bombshell announcement that the company is planning to cut losses in the media industry and fully focus on more profitable ventures. During the press conference, SPH’s CEO lashed out at journalists and instantly became an internet sensation for the wrong reasons. I first found out about the news via social media and boy, the crowds on Reddit and Facebook are really angry about this whole thing. A large source of ire seen on social media stems from the perceived injustice of the Government bailing out a for-profit company – how profits are privatised and losses are borne by the taxpayer....