This would certainly explain why so many corporations are seeking a Government bailout rather than seeking protection under the bankruptcy laws. -BV
Mon Nov 24, 2008 9:51am EST
"Bankrupt companies are three times more likely to have been cited for fraud by U.S. regulators, according to a study released on Monday."
Read the entire article at Reuters
http://www.reuters.com/article/newsOne/idUSTRE4AN3NJ20081124
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