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

To: HPilot who wrote (463305)3/12/2009 3:51:30 PM
From: combjelly  Read Replies (1) | Respond to of 1578236
 
"If failing means the company doesn't exist that would be correct. But thats not the way it works."

Sigh. Remember Lehman Brothers? Now, take that and multiply it by 10...



To: HPilot who wrote (463305)3/12/2009 4:00:07 PM
From: Road Walker  Respond to of 1578236
 
If failing means the company doesn't exist that would be correct. But thats not the way it works. The company instead goes into bankruptcy and reorginizes, most of the creditors are protected. Only stock holders and mortgage holders who cannot pay are screwed.

You don't know much about banks and insurance companies do you Hugh?


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