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. The process of rubbing yourself or some else with a liquid like candy, then licking the candy all off. Your sister was rubalicous last ..
1. These characters can be found in abundance in Trinidad.He is a person who upon sighting him,you immediately start thinking he is going t..
1. Descriptor for the end of a blow job or hand job. No cum is lost by the giver of the pleasure. None escapes to the hand or face of the g..