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Thanks for the heads up on what happens during CH11. I thought shareholders got their share of the assets. I never knew that the courts would cancel the stock and shareholders get nothing. Kind of makes the value of assets on the balance sheet meaningless.
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For the uneducated clowns:
CIT declares bankruptcy.
T...
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ex_sll_tier |
 
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2-Nov-09 10:48 pm | ||
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yeah, you're really qualified to teach Posters on ...
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ddsbird |
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3-Nov-09 09:14 am | ||
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>I got my DDT Interest today...
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ex_sll_tier |
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4-Nov-09 05:09 pm | ||
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Re: Bankruptcy 101 - CIT
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willy_the_w... | Not rated | 7-Nov-09 06:51 am |
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