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themanfromboston

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themanfromboston

Re: musicalchairs post# 314513

Monday, 05/03/2010 1:12:55 PM

Monday, May 03, 2010 1:12:55 PM

Post# of 346955
wow, this is great...

from now on, any company the currently exists in the U.S. that owes much more than it has in assets can avoid bankruptcy by factoring its receivables

Brilliant!




They are factoring their receivables so bankruptcy is not necessary,
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