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How did the companys managers handle the situation either

Find an example when a company took up too much risk and was unable to cope with it. Give a short summary of the situation and also provide your own comments on the following issues:

How did the company's managers handle the situation? Either defend them or prosecute them!
What were the implications for the shareholders? Do you believe it was fair on them?

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Finance Basics: How did the companys managers handle the situation either

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