I love Morten, and I love what he wrote here. He is one of those people who understands there's a thin line between having everything and having nothing at all (as so many are learning in this financial crisis). A truly talented person will always enjoy the ability to build back the empire from scratch, and society will benefit from the process.
the first million is the hardest to make. The reason Lund can bounce back is because he made his own fortune unlike all those other trust fund babies who started and grew their parents' existing fortunes
The most interesting thing about personal bankruptcy is how society (and the media) responds to it. In my experience it's a big negative in Europe; but as my former employer used to say: "When you lose everything, just start over.".
