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The ability to hire and retain a competent, responsible workforce distinguishes the great human resources managers from the merely mediocre ones. Retention is highly valued in most successful businesses because hiring on limited information often comes down to more luck than skill, and nobody wants to engage in hiring more often than absolutely necessary.
Any seasoned HR professional can tell war stories about the perfect interview and flawless resume that led to a disastrous employee. Those stories are more frequent when an employer fails to access the information it has a right to review before a hiring decision is concluded. The hires that have the highest likelihood of success are the ones made with the most complete information available about the candidate's skills and character.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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