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
Random Words:
1.
A fictitious yoga pose which requires incredible flexibility where a person shoves their head up their own ass. Used mainly toward arrog..
1.
When a man or woman wearing purple and a viking helmet tackles you, you just been Uberviking'd
Person 1- Uhhhh just another boring..
1.
Pussy, twat, cunt, cherry pie
P-Phat dove into Becky's velvet canyon tongue first!
See pussy, twat, cunt, lips, soft, hole..