Edoardo Cignoli : Recession Frays Ties at Spain's Co-ops

Spanish home-appliance maker Fagor shut its factories in October after other co-ops denied it a lifeline. That, in turn, has shaken the Mondragón network, fraying the bonds among its 109 surviving co-ops and eroding confidence in the weaker ones.



via WSJ.com: US Business http://online.wsj.com/article/SB10001424052702303290904579276551484127412.html?mod=pls_whats_news_us_business_f