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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.35+2.7%Nov 10 4:00 PM EST
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To: TobagoJack who wrote (57888)11/14/2009 6:59:23 PM
From: carranza2  Read Replies (2) of 217661
 
i suppose the japanese govt can well allow a major utility to go bk when it believes bk is expedient, popular, and allows major theft from creditors, even as the assets are stationary and can be operated as before the day after bk.

The Japanese didn't permit many banks which were clearly insolvent to go BK. If I read the culture correctly, it is dishonorable to go TU, no? If so, chances of BK for a major utility seem remote.

I don't know, simply speculating.
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