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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When you get done with a really big crap.
Damn, i just kicked the shitter like marylin monroe...
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LAUGHING MY SINGLE ASS OFF
CHRIS:MAN IM SO GLAD IM SINGLE NOW
BILLY:MAN IM SINGLE 2 NOW
CHRIS:LMSINGLEAO
See chris, billy, jalen, to..