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And wiping out the top management and investors is exactly the incentive you need so companies seek to avoid forced bankruptcy. Jobs, capital assets, and techn
by dannyw 7y ago
And wiping out the top management and investors is exactly the incentive you need so companies seek to avoid forced bankruptcy.
Jobs, capital assets, and technology are preserved. I fail to see how this is a disadvantage. Volkswagon should have been hit with a $1 trillion dollar fine, and for every shareholder and executive to be completely wiped out.
- bostonpete 7y agoI assume that was bsder's point.