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
Random Words:
1.
An expression of revulsion at the readiness of some people to support pseudo-medicines like homeopathyor ayurvedic therapy, or pseudosci..
1.
A kloppenburg Surprise is when cut a hole in the bottom of a christmas present and set it in your lap while you stick your limp cock ins..
1.
a form of speech. Esp used by Stoners.
Usually consisting of utter utter crap.
Like the moon coud be populated by fish eating lizards...
