‘A man with his head in the sand’: Boris Becker declared bankrupt – BreakingNews.ie

Tennis champion Boris Becker has been declared bankrupt – by a court official who watched him play on Centre Court. Lawyers for the three-time Wimbledon winner pleaded with a Bankruptcy Court registrar in London on Wednesday for “a last chance” to pay a long-standing debt. But Miss Registrar Christine Derrett, who recalled watching him play,…

Safe harbour laws just sink employees, taxpayers, and creditors – The Australian Financial Review

by Jonathan Rochford Why should poorly run companies be given more time to steal from their employees, taxpayers and trade creditors? Why should management and directors be allowed to gamble with other people’s money when they won’t put their own money into a failing venture? How is Australia being innovative by backing businesses with a…