Brad Ferris

What Do We Need In 2009? More Failure

You learn from failure and systemic risks aside I believe bad companies (unsustainable business models) should be allowed/encouraged to fail. What's the point of putting up more money for them to carryon with the promise of future success when we all know that's not possible?

Who Might Benefit From Detroit's Failings

I think everyone benefits over the long-term if GM fails. Clearly there will be hardships in the short-term, but what's really at issue is the viability of a business. Chapter 11 is the solution to that, not more money for restructuring.