Pig in a poke

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Also known as “putting lipstick on a pig”, this is the process of creating a situation where others believe the toxic asset has long term value and disposing of it through sale before the toxicity reveals itself.

From chapter 11 in the book:

A mechanism of dressing up a liability as some form of future business before divesting to a third party.[1]

Key Elements



Counter Plays

See Also

Gameplay Patterns