Showing posts with label Frank Borman. Show all posts
Showing posts with label Frank Borman. Show all posts

Monday, June 6, 2011

"Capitalism Without Bankruptcy is like Religion Without Hell"


Barack Obama sells the former, and more recently Rob Bell the latter. A coincidence?

Seen here, concluding an interesting discussion of the cost of the auto bailouts:

Former chief executive of Eastern Airlines, Frank Borman, once said: “Capitalism without bankruptcy is like religion without hell. It doesn’t work.”