[vpFREE] Bankruptcy a financial tool?

 

I'm  not so sure Iwe should be so worried about all of these casinos

filing bankruptcy.  Even the threat of going belly up might get some

favorable treatment from creditors.    Operating on a tight budget requires

strong management to stay alive.  So , mismanaged or not, it might be 

time.  Take a run at the creditors and wipe them out in bankruptcy. Of

course the big creditors are protected.   Why not stiff the little suppliers

for a few hundred million.  Back again,  stronger than before.

The icing on the cake,  the legal fees help a

lot of lawyers.  


Just one guys thought......Jeep

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Posted by: whitejeeps@yahoo.com
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