Can Anyone

[WillowTree]

tell me what "targeted bankruptcy" is? as opposed to Chp. 7 and Chp. 11?

 

[editec]

Targeted bankruptsy is when you and I go bankrupt to keep wealthy people who screwed up from reaping the rewards of thier idiotic gambling.

 

[WillowTree]

Targeted bankruptsy is when you and I go bankrupt to keep wealthy people who screwed up from reaping the rewards of thier idiotic gambling.

???? not sure I understand that

 

[DavidS]

Targeted bankruptsy is when you and I go bankrupt to keep wealthy people who screwed up from reaping the rewards of thier idiotic gambling.

???? not sure I understand that

I assume it targets some debts that need to be restructured - not all of them? GM is going to be broken up into two companies.

Company 1: Good selling brands
Company 2: Bad selling brands

 

[Mad Scientist]

tell me what "targeted bankruptcy" is? as opposed to Chp. 7 and Chp. 11?

A play on Al Gores' "Targeted Tax Cut" phrase when he was running for Prez in 2000?
I would guess that it's designed to make people who don't have a clue about economics sound smart.

 

[WillowTree]

Watch this video and tell me what this dude is saying?



Car Trouble - FOXNews.com