The poor economy has crystallized the problems that have made the industry synonymous with failed big business.

Additionally, the federal government has distorted the marketplace by bailing out and taking control of failed private businesses.

This is intended to prevent abuse of the so-called 'phoenix company' - where a failed business re-emerges to operate under a similar name.

He says that it's rubbish - the recession isn't over, and anyone can see this just by looking at the number of failed businesses.

I think some of them could be better described as subsidised failed businesses.

The case presents the question of what happens to the old union when a new company buys a failed business.

Rarely, if ever, will they even be able to share in the liquidation proceeds of the failed businesses.

His legacy to my mother was my 4-year-old sister and me, a failed business and almost no insurance.

And the drop in the liabilities of failed businesses was sharper still, from $54 billion to $25 billion during the same periods.

He is in urgent need of money to pay his debts from a failed business.