Nov 21: Who Pays When India’s Billionaires Don’t

http://www.bloomberg.com/news/2013-11-17/who-pays-when-india-s-billionaires-don-t-go-bust-.html Who Pays When India’s Billionaires Don’t Go Bust? By Pankaj Mishra Last month, the business empire of Eike Batista, once the world’s seventh-richest man and a mascot of economically resurgent Brazil, collapsed. The disaster ought to focus our minds on the perils of credit-fueled economic growth and highly leveraged corporations not just in Brazil […]