IL&FS, DHFL, ….Who’s next?

This Article was originally published in The Global Analyst The idea of this article is not to speculate a name that is likely to fail next. That can at best be a speculation. Corporate failures suck and financial corporate failures suck big time. Remember the case of Global Financial Crisis(GFC) and the role financial firms played to create that crisis. Even after a decade, we are still seeing books being published with titles like “Lessons learnt from GFC” or “What lead to GFC”. Financial crisis leave a grim foot mark that is hard to erase easily. Countries rocked by financial company failures should worry more as they have many connecting dots and impacting points. IL&FS is a company enga

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