That is the part I like the least of the job, or rather actually having to deal with the outcome of the bad news. But the good news are also a constant stream, which makes up for it all.
> being CEO is basically a constant stream of bad news."
Aw, poor CEOs (I'm one)... Perhaps ask an ER nurse how her job compares.
Most ER patients recover (I would hope). It also wasn't a plea for pity.