The naysayers, irritated by its size and effect, often noted that it was not difficult to run a money-losing enterprise.
Privatization has ground to a halt, with the government still pouring billions of zlotys a year into money-losing enterprises.
He ran the money-losing enterprise from his Brooklyn apartment and financed it through credit cards, friends and family.
Furthermore, if privatization is postponed, money-losing enterprises would continue to swell the huge Russian Government deficit.
They also prevented the enactment of a law that would require money-losing enterprises to go into bankruptcy rather than continue to soak up state subsidies.
Sears has also stuck with other money-losing enterprises, like its Allstate Insurance subsidiary, until they turned the corner.
No Eastern European government is ready to abandon every money-losing enterprise to its fate.
He has brought in a new board of directors, trimmed expenses and overseen the liquidation of money-losing diversified enterprises.
One third of the Government's revenues, far more than is spent on either the military or education, goes to bail out these money-losing enterprises.
Understanding the problems of money-losing enterprises is complicated by the fact that everyone is trying to conceal problems from everyone else.