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:
1.
when you violently assault someone from the navy with a weinerscnitzel
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1.
A hot chick with no personality.
I met someone out last week -- she is hot, butternality (but her personality) sucks.
See butterface, ..
