5min chapter

Planet Money cover image

SUMMER SCHOOL 3: Booms, Busts & Us

Planet Money

CHAPTER

Roddy and Queen City Appliance - Should They Be Given a Second Chance?

Queen city appliances was in bankruptcy for a year and a half. Roddy had to lay off 100 employees, but 75 still got to stay with him. He hired a turn around expert who looked through his books. Every decision roddy made needed court approval. We will be back after a short break with the rest of roddy's story and some economic lessons.

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