Plays a different role in society than operational, He creates, Arguing that a bankruptcy option could undermine a desirable public perception that government commitments are more dependable than those of profit oriented companies. Hussain also shows that bankruptcy could let state taxpayers off the hook, Forcing employees and bondholders to shoulder the lion share of a problem created by school holders the taxpayers elected. A bankruptcy option would may not be compulsory correct the bad management that created the problem,

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