let me help ya out:
Corporate Bankruptcy
A trustee is appointed to "liquidate" (sell) the company's assets and the money is used to pay off the debt, which may include debts to creditors and investors.
The investors who take the least risk are paid first. For example, secured creditors take less risk because the credit that they extend is usually backed by collateral, such as a mortgage or other assets of the company. They know they will get paid first if the company declares bankruptcy.
Bondholders have a greater potential for recovering their losses than stockholders, because bonds represent the debt of the company and the company has agreed to pay bondholders interest and to return their principal. Stockholders own the company, and take greater risk. They could make more money if the company does well, but they could lose money if the company does poorly. The owners are last in line to be repaid if the company fails. Bankruptcy laws determine the order of payment.
Dude. I'm not going to just take your word for it that The President of the United States explicitly and purposefully broke the law. It's gonna take a judge.
this is kind of like getting beaten by your husband and him saying "hey, your dad beat you too!"
This is my point. Pretending that this administration is soooo much worse than the last, or the one before that, or the one before that, is simply disengenuous.
Mission Accomplished
I did not have sexual......
I am not a crook
just because someone disagrees with you doesn't make them stupid, and it doesn't make you right.
if a misspelling is grounds for loss of credibility, then I'm sure no one should ever listen to another word you say ever. Along with anyone else. In fact, no one has any credibility at all, we should just do what the ball in the sky tells us because if you cant type for 8 hrs a day and spell every word correctly then you have no place in society and no one should listen to what you say.
Stop trying to nitpick and argue the point. If you have one.
this is kind of like getting beaten by your husband and him saying "hey, your dad beat you too!"
Thats ridiculous insulting and insensitive. You are all right, the President should be impeached and every office should be filled with the person of your choosing. So should we all have an Obama bashing session and congratulate each other on being so smart now?
No, but I would at least prefer if we could call a spade a spade.
Let's try a different approach. What has Obama done right, or at the very least something you agree with, to this point.
Pursuing an MBA and you don't have the slightest clue about bankruptcy law? You've got a lot to learn!