Bankrupt companies screw everyone who held equity or debt with the firm by creating a "bad company" and then they just form a "good company" - it's not rocket science.
Thursday, May 14, 2009
Well Duh
That's what bankrupt companies do... how is this news?
Bankrupt companies screw everyone who held equity or debt with the firm by creating a "bad company" and then they just form a "good company" - it's not rocket science.
Bankrupt companies screw everyone who held equity or debt with the firm by creating a "bad company" and then they just form a "good company" - it's not rocket science.
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