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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (218528)2/10/2005 8:30:44 AM
From: Elroy  Read Replies (1) of 1574127
 
Read the definitions I posted. They directly refute what you are saying.

Sigh.

I read them. In terms of public corporations, your definitions are wrong.

And I gave a real world example.

Qwest has liabilities greater than its assets, because it has a negative stockholders equity. Here's a link to the release

www4.qwest.com

Assets = $24.926 billion
Liabilities = $27.403 billion
Shareholders Equity = -$2.477 billion

Qwest is neither insolvent, nor bankrupt! Ergo, you be wrong!
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