MNS 0.00% 4.2¢ magnis energy technologies ltd

Class Action, page-548

  1. 124 Posts.
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    This was moderated as off topic in another thread last year. It is not off topic here

    I came across this timely podcast today. It's fresh published yesterday
    https://freakonomics.com/podcast/is-this-the-worst-job-in-corporate-america-or-maybe-the-best/

    "John Ray is an emergency C.E.O., a bankruptcy expert who takes over companies that have succumbed to failure or fraud."
    "plan for rain, pray for sun"

    The key reasons companies fail:
    1. Over-leveraged
    2. Fraud
    3. Plain stupidity


    Which one (or more) is it?
 
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