Talk of The Villages Florida - View Single Post - Significant financial distress
View Single Post
 
Old 07-28-2025, 12:06 PM
vintageogauge vintageogauge is offline
Sage
Join Date: Aug 2016
Location: village of Fenney, Ford City, Pa., and Hudson, Ohio
Posts: 4,657
Thanks: 6
Thanked 4,876 Times in 1,674 Posts
Default

Quote:
Originally Posted by jimhoward View Post
Who are "they"? The stockholders? For publicly traded corporations that is you and I. I assume you don't want that. So then I guess we just wont allow privately held corporations any more. Quite a few drawbacks to that.
I'm referring to privately held corporations that file and end up coming out smelling like a rose while all of their creditors suffer.