Who Says the Elephant will not Tumble

Bok av Cai Jianwen
Giant bankruptcy is not only today's news, but more concentrated nowadays. A few years ago, several giant businesses went bankruptcy in the whole world, including Barings Bank, Japan's Yamaichi Securities Company, Peregrine Investments Holdings Limited, Yaohan, Iridium. These companies were once the world giants, and how did they went bankruptcy at last? It is of great significance for us to analyze the process of bankruptcy and analyze the causes of bankruptcy.