Comment by hamdingers

1 day ago

I'm sitting in one right now and don't see any smoldering...

They literally went bankrupt and wiped out the original shareholders.

  • I guess I'm just not clued into your exotic definition of "survived" if continuing to function doesn't qualify. I tend to go by the dictionary definition.

    Chapter 11 is not Chapter 7. Businesses survive chapter 11 bankruptcies all the time. For example, WeWork.