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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Mangaka Kubo Tite's debut manga that ended its run in Weekly Jump with four volumes. It tells the story of a world in which one ca..
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(n.) A sexual position wherein the woman dominates, and thus becomes, the man.
(v.) The act of getting dominated by your woman friend.
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Someone who sodomises science-fiction fanatics and computer programmers.
"Cor blimey, he's a right nerd turd burglar!"..
