# Prof. Edward Altman on companies that fall into bankruptcy more than once

1 Faculty News March 6, 2012 ![Reuters logo](/sites/default/files/styles/246w/public/assets/images/con_030503.jpg?itok=0OAgrDF0)>

Excerpt from [Reuters](http://newsandinsight.thomsonreuters.com/Bankruptcy/News/2012/03_-_March/U_S__companies_turn_to_bankruptcy_again_-_and_again/) -- "'There is too much emphasis on getting out, and getting on with business rather than whether it is going to work,' said [Ed Altman](http://www.stern.nyu.edu/faculty/bio/edward-altman), the Max L. Heine Professor of Finance at the Stern School of Business at New York University."

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