View Single Post
Old 02-10-2009, 10:54 PM   #19
SAE05
inconspicuous observer
 
SAE05's Avatar
 
Drives: 05 GTO
Join Date: Jul 2008
Location: Dayton
Posts: 145
The good bankruptcy . . . C11 is ok that is a working restructuring and keeps a company in business making product at a profit to pay back dept while it restructures

The bad bankruptcy. . . C7 is liquidation of the company by selling off all valued assets and elimination jobs. It costs about 1.5-2 million dollars to shut down a plant from start to exit.

Comparatively

Where the HELL is chicken little when you need him.
__________________

_________________________________
Dodges . . . we don't need no stinking Dodges `O~O>
SAE05 is offline   Reply With Quote