So why should we limit the Bankruptcy ploy conversation to "The Government" and Donks..?AZGrizFan wrote:Detroit is A government. You're just playing dumb now, aren't you...Chizzang wrote:
We are..?
Is Detroit the government?
Well then I guess all those Bain Capital bankruptcy's then don't count either
It's used masterfully by Bain Capital
They buy profitable companies
Suck all the money out of them
dismantle the valuable pieces
File for Bankruptcy protection at the very last minute (so they can keep all the money they stole)
Bring in a team of Loophole artists (Lawyers)
and repeat
And you're going to pretend like Detroit is the problem..?








