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. A black Left 4 Dead tank, one that will survive and is impossible to kill.(soon to be on Left 4 Dead 2) Mike Tyson Nigger Tank See dan..
1. To henis is to fuck roughly I want to henis Jonas Altberg. See fuck, roughly, sex, hard, rough sex, Moosie..
1. The world's most famous and powerful crackhead. Legend has it, that he can smoke a fat $40 rock in a single hit. Man, nobody could..