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Originally Posted by xoxoxoBruce
This was billed as a program to be a safety net for the helpless workers that would be devastated by their employer going belly up.
You don't suppose the misconduct of major corporations was foreseen, or possibly prompted, by this legislation, do you?  |
Prompted more by the lack of any reasonable accounting standards. You think the S&L crisis would have given the government a heads up on watching the back door.
What's annoying is that with the new bankruptcy laws, the average citizen is held more accountable than the large corporations..
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