Forgive Us Our Debts, with David Skeel
Good Faith
00:00
Is Bankruptcy or Debt Restructuring a Good Idea?
David Rothkopf: If a government voluntarily enters into these binding relationships. What kind of message are you sending when you give these generous restructuring plans? He says it seems to me that bankruptcy or debt restructuring is only appropriate if you legitimately can't repay. Rothkopff: I think there's some surprising analogies between individuals who have too much debt and a public entity.
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