Behind the Bankruptcy Act and Why Moral Hazard Makes Shareholders Feel Cheated
2 years ago
For long, a joke which was close to reality when it came to the Banking Sector was “If you owe the bank £100, that’s your problem. If you owe the bank £100m, that’s the bank’s problem” When equity holders in … The post Behind the Bankruptcy Act and Why Moral Hazard Makes Shareholders Feel Cheated appeared first on Capitalmind.
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