Bill Cara: Judicial activism, or fraud?, Sun., Mar. 5, 2006, 7:25 AM: "Under the Farley Rules, a going concern is now really a bankrupt if one’s debts are greater than book value.
Well, if that’s the case, there are presently millions of legal bankrupts masquerading as legitimate businesses. If you happen to be one, beware; Farley’s Gang is on the way, and they intend to steal your assets.
So I advise everybody in this position to sell those Canadian assets today – before they get taken from you."