If I were in Harry Lewis’s position, I would make the decision to file for bankruptcy for FSI. There are a couple of different reason I would choose bankruptcy, rather than taking the deal from the private investor. Some of those influencing factors include; the current problems the company is facing, investors, ethics, and the union. FSI is facing some big problems starting out the new quarter that affect the future of the company. One of the biggest problems the company was facing was their prior years’ loss of a $141 million from a bad investment in a coal mine. And not only are they at a loss with this investment, but shortly after the purchase was made they received a $20 million pollution control and slag runoff fine. So FSI is not
