"There were serious concerns at the beginning of the year that the company would cease to operate, but this management buyout should guarantee the future of the business for years to come, " he said.

BBC: South Scotland

Regulatory pressures have failed to guarantee ethical behavior and social responsibility in corporate America, and efforts at self-management have fallen short time and again.

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The Indonesian Bank Restructuring Agency (IBRA) took over BCA's management on May 28 and assured everyone that the new government of President Bacharuddin Jusuf Habibie will continue to guarantee all bank deposits.

CNN: SUHARTO'S KISS OF DEATH