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Pastimes : THE SLIGHTLY MODERATED BOXING RING
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To: Solon who wrote (10637)4/24/2002 11:44:35 PM
From: average joe  Read Replies (1) of 21057
 
As to your theory that bankruptcies improve performance--not true. The PERCENTAGE of new bankruptcies continues to reflect the level at which the private sector CONTINUES to be inefficient and unproductive. The only thing that bankruptcies prove is that the prevalence of inefficient and non productive employees does not seem to be ameliorated by unceasing failure.

Not True Private sector bankruptcy levels are down all across Canada and the U.S. The only thing the numbers reflect are banks getting smarter at what they finance and those banks are showing record profits.

bankruptcycanada.com
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