Section 12 Bankruptcy

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 crisis, wall street, dustbowl, monopoly money

33

Random Words:

Hw Banned

1. Hardware banned : (Gaming Term)You will get this ban if you are confirmed hacking/modifying game content by EA and PB(Electronic Arts/..

Yay Back

1. gangsta way of sayin "way back when" or "old skool shiet" yeah i loved chicken from yay back. See old school, old ..

W.a.c.k.a

1. Offically stands for: We Are Completely Kick Ass Or can be grouped as: We Are the Children of Kickin Ass 1.) That was a kick ass par..

Best StartPage for your browser.

All you need for a faster workflow in one place.

Get it for Free