Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (218533)	2/10/2005 9:33:23 AM
From: RetiredNow	Read Replies (2) \| Respond to of 1574005

According to the dictionary, if liabilities exceed the market value of assets, then by definition that entity is bankrupt. In your first post, you proved that Qwest's liabilities exceeded book value of assets. So I said they are bankrupt by definition. However, in this post, you just added a new element to the discussion. You said that Qwest's market value of assets exceeds liabilities. So this would indicate that Qwest is not bankrupt. However, that does not change the definition of bankruptcy, which is that liabilities exceed market value of assets. No amount of arguing about it will change that fact. If you don't like the definitions of bankrupt and insolvent, then you can take it up with the English language police and ask them to change all the English language dictionaries to reflect your version of the definitions. SS will be bankrupt by 2042, because liabilities will exceed the market value of their assets.