Until now, South Korean banks have essentially been barred by law from dismissing workers except when bankruptcy looms or after intricate negotiations with union representatives.

But if you change a few of the figures (somehow a $72,000 bankruptcy no longer looms as ruin on a grand scale), the material has hardly dated.

As bankruptcy loomed and plans for all-out strike action were finally discussed, they were narrowly lost, and not all unions balloted their members.

It looked deserted, as if business had dwindled and bankruptcy loomed.

But just as bankruptcy looms, the students devise a plan to sell the umbrellas - with a little help from the weather.

If nationally bankruptcy wasn't looming this would be fun.

Additionally, things were now starting to look grim for the year-old label, and bankruptcy was looming.

Negotiations collapsed, the company's founder and several top Napster executives resigned and bankruptcy loomed as the likeliest path.

It's striking that unions now see the need to find a middle ground even at relatively healthy carriers, instead of acting only as bankruptcy looms.

Rules were changed, standards slipped, funds went missing and bankruptcy loomed.