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.
1. Said in disbelief
2. A better and funnier way of saying holy cow
Allison: Holy moly balls! I only have 4 days of school left!
Kat..
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Like manhandling only with a van, or min-van.
*getting out of a tight parking spot*
Cass: Sweet vanhandling! I thought you would hit ..