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Technology Stocks : WAVX: Wave Systems Corp.

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From: TREND18/23/2008 7:36:55 PM
   of 604
 
Posted by: aleajactaest Date: Saturday, August 23, 2008 7:20:25 PM
In reply to: aleajactaest who wrote msg# 170178 Post # of 170181

Whoops.

That'll teach me for just randomly flicking around for a link.

Here's one that actually reflects the situation!

"Creditors initiate an involuntary bankruptcy for several reasons, such as:

* It forces a debtor to confront all his creditors at once, instead of forking over money only to those who press the hardest
* It also keeps a debtor from draining all his assets before finally giving up and filing for bankruptcy"
bankruptcy.lawyers.com
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