What is Section 12 Bankruptcy?
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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:
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A high schoollocated in Northern Virginia, known as TJ or TJHSST. Focuses on science and technology. Applicants must take an admissions..
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beyond the point of zooted; intoxicated beyond all previous imagination
motha fucker we just crash landed in zootbamland!
See zooted, ..
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regular length converstaion taking place via TXT message.
Mom: why don't you just call them instead of text messaging?
Kid: it&ap..
