The Mudcat Café TM
Thread #78859 Message #1423470
Posted By: CarolC
28-Feb-05 - 08:53 PM
Thread Name: BS: How to save US corporations
Subject: RE: BS: How to save US corporations
The corporations need to still be able to go bankrupt just in case any kind of law suit ever does result in a large judgement against them, so they won't have to pay. And also so that companies like Enron (and others) can still afford to give all of the company's sharholder and pension plan holder's money to their top executives when they get into hot water.