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toxicdebtspiral

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toxicdebtspiral

Re: taint_she_sweet post# 325173

Friday, 07/09/2010 5:09:19 PM

Friday, July 09, 2010 5:09:19 PM

Post# of 346953
"now that they have filed and assets exceed liabilities they are in good shape."

Just curious, do you think the bankruptcy court will allow this if assets exceed liabilities for an operating entity? For an entity that had significant capital assets and a liquidity problem bankruptcy is an option, but that is not the case here. It looks like they checked the wrong boxes - whether intentional or not only they know.
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