Thursday, November 24, 2016
Critics say Wilbur Ross' restructuring of failing industries sometimes came at workers' expense
Admirers praise Wilbur Ross as “the king of bankruptcy," calling him a savior of failing U.S. industries.Should Ross be nominated as Commerce secretary, some of those questionable practices are sure to be under a spotlight during his confirmation hearings, making him a complicated choice as the official in charge of promoting U.S. business abroad and defending U.S. trade laws. Also likely to get attention are his dizzying array of domestic and foreign investments and business dealings. Those include board positions on at least five major public companies and leadership in several private firms.
Posted by Oswego Democrat at 9:05 AM