ANCILLARY DAMAGE IS WIDESPREAD IN COMPANY FAILURES

When a major company in this industry, or any other, fails, there's a lot of obvious damage that occurs. Chief among it is that capital creation ceases and the employment of many people comes to an end.In addition to that proximate effect there's a lot of ancillary damage, and that damage may be just as serious, in the aggregate, as that experienced by those who ran and worked for the failed company.

When a major company in this industry, or any other, fails, there's a lot of obvious damage that occurs. Chief among it is that capital creation ceases and the employment of many people comes to an end.

Register to view the full article