YES. I love it when crony capitalists fail. It embarrasses them, politicians, and asinine governments involved.
Its like I LOVE how Venezuela is turning prehistoric in real-time.
It shows there ARE consequences.
Its what the mob use to call "busting it out". They go in steal all the assets, sell their personal stocks and leave everyone else holding the bag including us tax payers.
None of the cooperate boys are ever held responsible because they know the right politicians. By the end of the week they will set up a new corporation and the cycle repeats itself.
Don't be so sure that they "failed".
$650 million in government subsidies have disappeared.
Where do you suppose it disappeared to...???