It’s the circle of life. I was going to post that at least these companies are not getting bailed out, but oops, there is Bank of America there.
Why isn’t the Obama/Biden Administration on this list? All their subsidiaries are failures - Solyndra, GM, Acorn. The corporate balance sheet is nothing but red ink as far as the eye can see. There’s no business model that turns a profit. Staffing is bloated with deadwood in departments like Education, Energy, HUD, the EPA, etc. The company is still run along procedural lines established in the 1930’s and the 1960’s and unchanged since.
Time to let this firm go into receivership.