What is Section 12 Bankruptcy?
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As opposed to Section 11, if you file for Section 12 bankrupcy, and you're successful, it means the Fed will bail you out.
AIG were succesful in their bid for Section 12 Bankruptcy, whereas Lehmann Bros were allowed to go under.
See
Random Words:
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it's the same with "walk in my shoes"
--Dude, it sucks! I lose my job!
--Not a big a deal. Can you lend me one grand?
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A sexual position requiring two gay or bi curious males, with each end of a rope tied to their testicles, to try to bitch slap each othe..
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Some one smart.
Albert Einstine is a "biohazzard"..
