close
    1. Home
      2. ›
    2. Politics & Government
      3. ›
    3. Politics
      4. ›
    4. what happens if a corporation goes broke?
    what happens if a corporation goes broke?

    Answer this
    0  Views: 384 Answers: 5 Posted: 14 years ago
    Comment this question

      5 Answers

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

      14 years ago. Rating: 1
      Comment this answer

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

        14 years ago. Rating: 1
        Comment this answer

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

          14 years ago. Rating: 0
          Comment this answer

            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.

            14 years ago. Rating: 0
            Comment this answer

              they close or file for bankruptcy protection

              14 years ago. Rating: 0
              Comment this answer



                Did this answer your question? If not, then ask a new question.

                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

                ceohitclubdaoxuannhat
                Answers: 0 Views: 2 Rating: 0
                BET88
                Answers: 0 Views: 9 Rating: 0
                BET88
                Answers: 0 Views: 9 Rating: 0
                ttyifanyia
                Answers: 0 Views: 17 Rating: 0
                tg88 vcom
                Answers: 0 Views: 15 Rating: 0
                DU88
                Answers: 0 Views: 12 Rating: 0
                90phutzutv
                Answers: 0 Views: 13 Rating: 0
                hitclubbsite
                Answers: 0 Views: 10 Rating: 0
                > More questions...
                562254
                questions
                779405
                answers
                924618
                users