“In Finland, bankruptcy remains taboo, while in the United States people see someone who has gone through this as having valuable business experience and knowledge on what to avoid in the future. These kinds of people are actually in demand for managerial positions.” 

Check out this YLE link for more:

http://www.yle.fi/uutiset/news/2011/09/the_road_to_jobs_from_failure_to_success_2906246.html