
The happy bankrupt
Insolvency uses shame to rehabilitate the bankrupt by making their financial sins a matter of public record, writes Tainui Stephens. But it had little effect on him. His lesson in shame came from being short of a 20c piece.
Insolvency uses shame to rehabilitate the bankrupt by making their financial sins a matter of public record, writes Tainui Stephens. But it had little effect on him. His lesson in shame came from being short of a 20c piece.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details