Tuesday, April 29, 2014

Too big just failed!

Energy Future filed for Bankruptcy and is bound to become one of the biggest Chapter 11 filings in corporate history. 

Read the full article here: 


  1. I'm looking forward to watching this pan out, without the government swooping into to save anyone. This is how a market is supposed to work--and even the big guys fail.

  2. Something to talk in class on Tuesday. It would be nice to go over some of the Chapter 11 and 13 related to Bankruptcy.

  3. I agree with Rasheed, this is how the market is supposed to work. Bad investments leading to bad results. Hope this might give an incentive to tighten the regulation to a decent level.