Section 12 Bankruptcy

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:

Talha

1. an extremely sexy brown kid who is in a sate of permanent orgasm and will feel you up if you come too close. he is an international sex ..

Overboobage

1. Of women, when one's (bra) cup runneth over slightly, marring slightly the smooth convex curve of bra and boob-top. A tiny amount o..

Zorbert

1. creating a seal between a human mouth and flesh (commonly the stomach or arm) and then blowing, producing a fart-like sound. I'm g..

Best StartPage for your browser.

All you need for a faster workflow in one place.

Get it for Free