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Econ Focus

Winter 2009

Know When to Fold ’Em: How the corporate bankruptcy system benefits and hinders the economy

It’s important to distinguish between firms that are merely distressed and those that are no longer viable. Does the current corporate bankruptcy system provide the most efficient means to this end?
By Stephen Slivinski

Econ Focus

Winter 2009

Know When to Fold ’Em: How the corporate bankruptcy system benefits and hinders the economy

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