close
    what happens if a corporation goes broke?

    0  Views: 190 Answers: 5 Posted: 9 years ago

    5 Answers

    Call Obama's administration so they can bail you out. They love throwing good money after bad.

    chapter 11 bankrupcy ...the sub contractors take a beating!

    and you're the share holder?  You're sh*t out of luck.....Worldcom, Enron, etc.

    They let the shareholders and creditors take the hit and can start up the next day with a clean slate as long as they can convince another wave of suckers to support them.

    they close or file for bankruptcy protection



    Top contributors in Politics category

     
    ROMOS
    Answers: 171 / Questions: 0
    Karma: 11415
     
    Benthere
    Answers: 25 / Questions: 0
    Karma: 11355
     
    Colleen
    Answers: 278 / Questions: 6
    Karma: 10780
     
    jhharlan
    Answers: 136 / Questions: 2
    Karma: 9645
    > Top contributors chart

    Unanswered Questions

    445830
    questions
    716339
    answers
    646699
    users