Negotiated Settlement Quotes



The nation was still in the midst of the George W. Bush economic collapse and recession. Usually, IRS leadership and enforcement was notorious for being inflexible and showing no empathy for people who could not pay. This was an unprecedented reversal of style and policy.


The bankruptcy laws give the stockholders, the bondholders, the banks and the vendors who may be owed money—they all have legal standing and are entitled to be a part of the decision process about the bankruptcy. However, the workers do not have any such entitlement as to their wage rates, their benefits, or the very existence of their jobs.