“Many financial and industrial companies have been bailed out with the public's money, but very few of those who had run those companies have been punished for their failures. Yes, the top managers of those companies have lost their jobs - but with a fat pension and mostly with a handsome severance payment.”

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Originally said in English.

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About Ha-Joon Chang

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"Many financial and industrial companies have been bailed out with the…" — Ha-Joon Chang | Daily Quotes