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Old 01-19-2018, 10:20 AM   #159
Canehdianman
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Join Date: Sep 2011
Location: Calgary
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Quote:
Originally Posted by CliffFletcher View Post
There's something fundamentally messed up with the way bankruptcy works in our country, with shareholders getting their money back while employees, pensioners, and the public get bubkas.
I think what is fundamentally messed up is your understanding of how bankruptcy works.

Shareholders only get assets that are left after all liabilities are paid off. In cases of bankruptcy, this is generally zero, or close to it.
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