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Instead of leading, G.M. will instead be following other failed companies on a well-worn path into bankruptcy court.
Divorces, health issues, the failed companies they set up.
Economists say this figure probably overstates reality because some failed companies suspend operations without deregistering.
Her amendment also stresses that taxpayers will not pay for shutting down failed companies.
He left a trail of failed companies behind him, including the iconic Sunbeam.
Financial data for the healthy companies spanned the same period as for the failed companies.
A second area of contention surrounds the treatment of the creditors of failed companies that would be seized and dismantled.
You need to let failed companies, or homeowners, go bankrupt, unlock their dead capital and reapply it to thriving entities.
And Mr. Romney was to focus attention on an aggressive new attack on President Obama, highlighting the White House's role in backing failed companies like Solyndra.
Now it is busy propping up failed companies such as General Motors and throwing huge sums of money at the public sector.
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Keeping failed companies going only serves to increase the financial stress on companies not in bankruptcy.
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