MLB, NFL, NBA Bankruptcy? No Way!!!
Posted: Mon Oct 12, 2009 2:41 pm
Today's headline:
Chicago Cubs file Chapter 11 to speed team's sale
Moral, legal, ethical, rational question - should an organization which pays it's people salaries far in excess of all possible sane comparison, considering the actual "work" performed by these people, be allowed to declare bankruptcy, thereby "screwing" the creditors which have been operating in good faith providing goods and services to that organization?
NO WAY!!! How about that Bam Bam?
Chicago Cubs file Chapter 11 to speed team's sale
Moral, legal, ethical, rational question - should an organization which pays it's people salaries far in excess of all possible sane comparison, considering the actual "work" performed by these people, be allowed to declare bankruptcy, thereby "screwing" the creditors which have been operating in good faith providing goods and services to that organization?
NO WAY!!! How about that Bam Bam?
