Quote:
Originally Posted by blueash
I'm going to guess you didn't get to the end of the report you cited. It clearly says they are not going out of business. Bankruptcy is a legal maneuver to restructure or eliminate debt while attempting to find a more successful path forward.
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Yeah, that’s was what it was designed to do. Also to only allow payment of cents on the dollar to creditors while corporate “officers’” salaries were left intact.