Monday, November 24, 2008

To File Chapter 11, or not to file Chapter 11

Next trimester, we'll look at creating a process analysis essay. Here is an example from today's NY Times. It's written by former Michigan US Senator Spencer Abraham:
And as surely as day leads to night, bankruptcy proceedings would be followed by liquidation. In a flash, the American carmaking business, representing about 10
percent of the nation’s retail sales, would begin to disappear.

No comments:

Post a Comment