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:

Ball Muff

1. when your testicals have so much hair on them it looks like a muffon your balls. Some balls are so hairy they look like giant ball muff..

Iawt

1. MSN/l337 acronym for "I Agree With The/That" - Similar to IAWY(I agree with you)or IAWTS. Often used on message board's..

Pusswuss

1. a wussy pussy guy 1= dude just do it guy 2 = sorry man im being a pusswuss See pusswuss, puss, wuss, pussy, wussy 1. a wussy pussy..

Best StartPage for your browser.

All you need for a faster workflow in one place.

Get it for Free