Subject:
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Re: Bush defends exclusion order on contracts
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Tue, 16 Dec 2003 09:04:03 GMT
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Viewed:
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407 times
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In lugnet.off-topic.debate, Ross Crawford wrote:
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In lugnet.off-topic.debate, Scott Arthur wrote:
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In lugnet.off-topic.debate, Mike Petrucelli wrote:
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Wait why would Iraq have a debt? Saddam’s regime had a debt but what does
that have to do with Iraq?
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Who else should pay it. When a company gets a new CEO, does its debt usually
get wiped?
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Depends if the old CEO is responsible for bringing the company to its knees.
Often when companies go into receivership the creditors receive a miniscule
portion of what is owed.
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That’s if the company has no assetts. Iraq has assets; I doubt the war would
have happened otherwise. ;)
Scott A
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But generally those creditors are not barred from
helping to re-build the company based on how they voted at the last AGM...
ROSCO
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Message is in Reply To:
 | | Re: Bush defends exclusion order on contracts
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| (...) Depends if the old CEO is responsible for bringing the company to its knees. Often when companies go into receivership the creditors receive a miniscule portion of what is owed. But generally those creditors are not barred from helping to (...) (21 years ago, 15-Dec-03, to lugnet.off-topic.debate, FTX)
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