"One creditor said the company was a sham from the beginning, with fabricated expenditure and cooked books."
Looks like the system is working.
If "barred from participation in the securities markets" by the SEC meant flying in coach and no landing slots for private aircraft, it might have more effect.
Along that line, if the US had a similar system, our current president would have been marked a "deadbeat" long before he got the chance to run for office (not saying the system is right, just saying)
Looks like the system is working.
If "barred from participation in the securities markets" by the SEC meant flying in coach and no landing slots for private aircraft, it might have more effect.