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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: Oblomov who wrote (17)4/16/2003 11:25:39 AM
From: pater tenebrarum1 Recommendation  Respond to of 4904
 
true, but the question is, HAVE they been allowed to fail? many are in chapter 11, not chapter 7 - i.e. they continue to operate, thus the malinvestments they represent are still dotting the economic landscape and represent a hindrance to their more worthy competitors.
but generally i agree that the US approach to failing companies is more promising than the Japanese approach.