Take my wallet, please

Jim Hightower hits the nail on the head yet again in this column about the moral bankruptcy of bankruptcy. This trick of corporate officers bankrupting a company, leaving the employees high and dry and then jetting off for foreign parts (or other companies for instance. Remember Eastern Airlines?) just steams me no end. Why on Earth does this shit just keep going on and on? Surely even the blockheads that crowd Wall Street can see that this failure to honor even basic commitments is just barbaric. The worst sort of social Darwinism that, unchecked, will devour everyone, leaving a corporate state beholden to no one.