The ethics of bankruptcy

This book grew out of the experiences of the late 1980s and early1990s. The economic downturn and high interest rates scatteredfinancial distress around the world. Many private individuals andcorporations faced the grim reality of insolvency. The plague did notdistinguish between race, religion or nationality.However, the social response to the malaise did. In manycountries the illness was diagnosed as terminal.
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The ethics of bankruptcy