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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Wearing baggy pants at a titty bar without underwear
The sttripper was impressed by the tent I was pitching when I wore my dirty kenny...
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A point of awkward silence between bros.
Jeff: I got laid last night by that fat girl, Allegra.
Billa: Cool.
Fool: Cool.
Jeff: Yeah..
