One Man vs. McKinsey: A Billionaire Says the Consultancy Has Rigged the Bankruptcy System

You can’t have divided loyalties when guiding a company through bankruptcy. If you’re helping it cut debt, you can’t be its lender. If you’re auctioning off its assets, you can’t put in a bid.

from Pocket https://www.nytimes.com/2019/04/11/business/jay-alix-mckinsey-bankruptcy.html
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