What I meant was that someone looking at it after the event couldn't necessarily always tell the shysters from the unlucky in order to take punitive action. In other words there's a difference betweem making some poor/misguided decisions and deliberately lining up a re-start.
You've actually reinforced my point - your father was fortunate enough to have someone who recognised the problems and did something about it. There's lots of businesses where through circumstances, ability, organisation or whatever that doesn't happen and the thing goes down the tubes. That's what I mean about someone having a genuine problem.
Take Mr Brown's recent withdrawal of the Home Computer Initiative. Quite a few firms making a big proportion of sales tied up with the scheme. Gone overnight - who's fault is that when the companies go pop?