Regarding movement of P&L's and realignment - necessary and makes sense. There should be a detailed reconciliation that Doug sees that takes the sum of all the business line P&L's and reconciles it to the "real" consolidated P&L. That would unearth some skeletons in those business line P&L's. Last remark: "immateriality". One heck of a lot of screw-ups get excused as immaterial because the numbers are so big. It is used an excuse at all levels in the organization to ignore waste. It would be interesting to add up all those immaterial screw-ups. I'll bet they would get material pretty fast.
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So what's immaterial? A million? Two, three or four?
No screw up impacting revenue and profit is immaterial - it all matters and adds up.