Gene mentioned Lorenzo and Continental Airlines. Charles Hurwitz and his assistant who became chancellor of the Cal State system and now rules the Getty Museum also did. I was wondering how common this is? Doug's article was: Orr, Douglas V. 1998. "Strategic Bankruptcy and Private Pension Default." ”Journal of Economic Issues•, Vol. 32, No. 3 (September): pp. 669-87. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
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