[WhatIsThisIm12]

As a hacker news reader, you should understand the difference between business and personal bankruptcy. One is a business tool, the other is a statement against your financial capabilities.

[humanrebar]

I don't know why I'm supposed to be comforted that he merely bankrupted organizations he was running and not himself personally.

In some ways that seems worse and a form of double-standard. People didn't get paid. People lost jobs. But he came out OK? Is that leadership?