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A more robust bankruptcy process could actually aid American businesses by allowing them to restructure debt while protecting employees.
“it's almost viewed as a four-letter word but it's not and in many ways the bankruptcy process could actually be the saving grace of American business in this moment and the reason I say that is that it allows in a bankruptcy these companies to discharge a lot of the debt”
The All-In Podcast · Apr 2020 · 1 episode · 52K views on this topicExtracted by a model; may misattribute who said what.