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specutator

08/01/10 12:34 PM

#3195 RE: specutator #3194

Corporate Bankruptcy ... What Every Investor Should Know

What happens when a public company files for protection under the federal bankruptcy laws? Who protects the interests of investors? Do the old securities have any value when, and if, the company is reorganized?

http://www.sec.gov/investor/pubs/bankrupt.htm