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by clairity
1553 days ago
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bankruptcy saves more of those jobs than letting a company dissolve completely, because the company is allowed to shed debt (and equity) and reorganize. it’s also better than nationalizing, because it preserves the profit motive that is better at ensuring the company will stay/become competitive and survive in the long term without government support. i’m totally good with throwing out the senior leadership and letting new leadership grow from within though. claw back their bonuses and golden parachutes too. |
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