Big Firm lawyers and Banks generate a lot of fees for themselves when sizable Corporations go ‘belly-up’. What if we reverse the process when firms/institutions/corporations go bust and the financial firms and banks get last go at the available funds, after the small investors have got at least a sizable percentage of their original investment back? Particularly if there has been financial mismanagement which any financial institutions should have picked up.
Would the Big Firms cry foul and take care to defend their profits or would they take more care that the candidate for collapse would remain viable? Even if they could make more if the firm collapsed? Alright, I’m a cynic.
Would the Big Firms cry foul and take care to defend their profits or would they take more care that the candidate for collapse would remain viable? Even if they could make more if the firm collapsed? Alright, I’m a cynic.
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