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...Alex J Pollock Senior Fellow, Mises Institute, Lake Forest, IL, US...
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...They argue that bankruptcy schemes deployed by solvent corporations are an abuse of bankruptcy courts and deny wronged people their right to trial by jury....
...US private equity investor J Christopher Flowers has warned that a dramatic increase in private credit investments by life insurers is creating systemic risk for investors....
...The book’s structure is in some ways reminiscent of Common Ground, J Anthony Lukas’ groundbreaking tale of the Boston busing crisis of the 1970s....
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...“Bankruptcy courts are for honest companies in financial distress, not billionaire mega-corporations like J&J, 3M and Koch Industries, that seek to close courthouse doors to their victims.”...
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...In March a judge dismissed J&J’s first attempt to use the bankruptcy courts to manage claims that its talcum powder could cause cancer....
...In Japan, some of the country’s largest corporations and many of its listed media groups have come under intense pressure for working with the agency despite the rumours of abuse that date back decades....
...The Federal Deposit Insurance Corporation said such a targeted increase would be more cost-effective and less likely to promote risky behaviour by bank bosses than eliminating the $250,000 cap in place on...
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