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.
Someone that you fuck on the regular basis and she/he hardly wants any money out of you.
"Hey that girl sara is my LOW BUDGET FUCK..
1.
Slang for someone who is fucked up on pot, weed, etc. The person at the party who will whip out his small dick to impress the cat...whic..
