What is Section 12 Bankruptcy?


1.

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 crisis, wall street, dustbowl, monopoly money


33

Random Words:

1. a hot jewish girl a triple-h(hot hebrew honey) also hebrew hotness dam bro that shool(temple) whas filld with jewish hot..
1. An intense number of young women, whithn a given environment, relying on their sense of originality, to boot it up due to 60F weather or..
1. Like a teacher's pet, but in addition to performing the various duties of a teacher's pet they also have sex with said teacher..