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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (3397)12/18/2008 1:56:32 AM
From: Neeka  Read Replies (1) | Respond to of 103300
 
Chapter 11 bankruptcy is the best way to reorganize. Just because you have some kind of disdain for the word, it doesn't make it bad or wrong.

Call it what you will.........it's bankruptcy.



To: RMF who wrote (3397)12/18/2008 8:51:09 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
"Is that the same Moody's that gave "AAA" ratings to a lot of "junk" mortgage paper??"

Yes it is.

(And even they believe that bankruptcy is the most likely option --- which serves to illustrate, I suppose, that even a blind pig can find an acorn when it's right in front of his snout. <g>)