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Bankruptcy

: The Debt Podcast

Are U.S. Corporate Bankruptcy Laws a Model to the World?

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According to a recent article in the The Economist, ?in one respect at least America remains a beacon for the rest of the world: its treatment of corporate bankruptcy.?   The purpose behind America?s corporate bankruptcy laws is ?to put economic resources back to productive use as quickly as possible.? U.S. bankruptcy laws distinguish between those [...]

Full post as published by The Debt Podcast on January 22, 2010 (boomark / email).

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