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Re: Chris21 post# 23376

Tuesday, 03/16/2010 11:15:52 PM

Tuesday, March 16, 2010 11:15:52 PM

Post# of 34411
Yes Chris21, I hate credit myself. Why do you think many corporations have failed when they actually had an awesome business model. Lot's and lot's of money being made and to be made.

WCOEQ (MCI CORPORATION now owned by VERIZON), KMRTQ (Now owned by Sears Holding Corporation), Enron Corporation which held global properties but did not pay their equity share investors, did the try to run, they can't. They are still on this planet, therefore; by physical law they have to pay their shareholders, eventually, or else they will be forced to pay. CNCEQ (conseco corporation 4th largest insurance corporation in America), they did not pay their equity shareholders anything after emerging from Chapter 11 bankruptcy, but I could understand because there EPS(earnings per share is always minus). Car Insurances make more than health insurance and medical insurance companies in America.
And that's because we are forced to buy car insurance even you are a great driver, defensive and offensive, you play the statistics. KEEP IN MIND IN OUR TIME; (NRTLQ, WAMUQ, LEHMQ, IRWNQ, etc., etc., and even ,more coming) Watch the outcome, they will try to take your equity, because all they have is debt. Just watch, learn, then file a lawsuit.