Feb 29: Adviser to Businesses Laments Changes to Bankruptcy Law (NYT)

To all businesses that sell on credit, read this article and reread this part:

“You know that old saying, “Let the buyer beware”? I think it’s every businessman’s responsibility to know to whom he sells and offers credit. If I sell to you and you begin to pay very slowly — which often happens before a bankruptcy — I should stop selling to you on credit. But if I continue to sell to you to make a buck, it’s not your fault, it’s mine. “

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