|04||| 20 |||09|
A Case Of Moral Bankruptcy
MSNBC.com's Money Central lists Clear Channel among corporations likely to file for bankruptcy.
There's a lesson to be learned here, though I doubt many of the corporate brass at Clear Channel will learn it:
The way you run your business when times are good will have a direct impact on your business when times are bad.
Or, to put it another way:
How you run your business when times are good is directly proportional to how your business will run you when times are bad.
The seeds of Clear Channel's demise were sown years ago. Only the uninformed will blame the current state of the economy.