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    4. what happens if a corporation goes broke?
    what happens if a corporation goes broke?

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    0  Views: 279 Answers: 5 Posted: 12 years ago
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      5 Answers

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

      12 years ago. Rating: 1
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        chapter 11 bankrupcy ...the sub contractors take a beating!

        12 years ago. Rating: 1
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          and you're the share holder?  You're sh*t out of luck.....Worldcom, Enron, etc.

          12 years ago. Rating: 0
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            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.

            12 years ago. Rating: 0
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              they close or file for bankruptcy protection

              12 years ago. Rating: 0
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