Quote:
Originally Posted by ottyhotties
In Chapter 11 a company can renegotiate contracts, they don't in bail outs. And I just don't trust government oversight or oversight boards when they can't even report what they've done with our tax dollars, or even get a board together.
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when you file chapter 11 a judge controls everything, so you don;t trust the government to bring in people with an oversight board to try and right the wayward giant, but you'll trust some 5th circuit judge?