Second Acts, Second Chances
America is the most forgiving country in the world. It is the best place on the planet to go bankrupt. Other countries doom you for life plus a year, whilst the USA lets you wipe out your debts and move on.
We Americans are a forgiving people in general. We believe in the second chance.
Right now, we are conducting a test.
The Jeffrey Skilling Test of Forgiveness — Second Chance?
Jeffrey Skilling was the CEO of Enron who went to jail for twelve years of a fourteen year sentence [originally sentenced to 24 years, it was reduced to 14, and he served 12 plus a $40MM fine] for a myriad of charges including securities fraud, insider trading, lying to auditors, and conspiracy while he lorded over Enron.
Jeffrey Skilling on his way to prison.