From 1921: Benjamin Graham Evaluates A Bankruptcy Situation

"In the midst of general commercial gloom, optimists have found much encouragement in the relatively few important failures recorded. To a great extent, however, this condition reflects not so much underlying financial strength, as a new technique in handling business troubles." This is how Benjamin Graham started his article on the "Goodyear Reorganisation," which was published in the magazine of Wall Street in 1921.

Q2 . . .


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