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.
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Random Words:
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a girl from the north-east that drives skidders by day and fucks a bunch of dudes by night, she can also drink your ass under the table
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