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.
adj- to get something for cheap or way under price named for the Clipse mixtape series I Got It For Cheap!
DudeA: Damn them Dub zero..
1.
One who is enamored or otherwise very interested in going on vacation cruises.
You love boats, are you an encruisiast?
John's fam..