 "BP" (oil) stands for ??? |
| So, all of you so called SMART people out there....what does it stand for ??? Oh, and it NOT British Petroleum anymore.... |
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 What is this idiot up to? |
Attn: Dear Winner
Firstly,i want to officially introduce my self as Mr. Kings Robert the Fiduciary Agent mandated to DIRECT YOU in the remittance of your winning Fund.
O... |
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 I'm from England and don't know what Walmart is. ( Im 13)? |
| Please can someone tell me what it is? what it sells? what is the big deal?... |
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| Did a Japanese company buy Wal-Mart? |
| A friend of mine does security work for Wal-mart. They told me that Wal-mart has been sold to a Japanese company and wal-mart wants to keep this quiet. I looked at the wal-mart web site and all info ... |
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 What companies and/or products do you boycott and why? |
| What companies and/or products do you boycott and why?... |
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 Whats the adress for the coca-cola company headquarters in Georgia? |
i need to know for a school thing!
Additional Details
I did look for it and all i got was
Atlanta,Georgia
so i want street and zip thats ... |
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 Banned from wal-mart? |
My friend was shoplifting and got banned from Wal-Mart
and hes 18.
He's is very sorry for what he has done and will go to court soon.
How can he get unbanned?... |
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 Who thinks ebay is a complete rip-off? |
| I'm talking about selling ofcourse, I mean you have, insertion fee's, final value fee's, paypal fees and more if you have to relist. Their fee's went up recently, I don't ... |
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 If you were a brand, what would you be? |
| I was asked this on a sales training course today and I said Primark for a laugh but really I'm adidas which brand are you?... |
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 For those who hate wal-mart... what do you hate about it? |
Sure, there are more things to hate about it than can easily be counted, but what do you personally abhor about walmart?
ONLY THOSE WHO HAVE A GRIPE NEED POST. IF YOU LIKE WALMART, THEN TH... |
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 Why do so many people hate Wal-Mart? |
| Today I heard one old man saying that since Sam Walton died his kids have ran Wal Mart into the ground.Yeah right! That's why they are the #1 retail chain in the US and probably the world.But I ... |
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 OIL companies are making £3Million an hour in profitt. How, then can they justify.....? |
...charging so much at the pump?
Additional Details
ascoile: I agree the government does charge alot in fuel tax, but that has always been the case. Recent rises are supposedly due to ... |
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 Lowe's vs. Home Depot, which one you like best? |
| I personally like Lowe's better for better costumer service and better store ... |
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JERRY B | What happens to shareholders when a company goes bankrupt? |
I bought some shares in a company called movie gallery inc,in october 2007 have i lost all my shares ?? |
 |
 
COUNTRY--GIRL
 |
Occasionally companies go bankrupt, the company's shareholders depending on the type of stock they hold may be entitled to a portion of the liquidated assets, if there are any left over.
However the stock itself becomes worthless and you can't sell it. Only can hope there is money left over after selling assets.
With bankruptcy a firm is required to sell all of it's assets.
and pay off all debts, this order goes like this ,,,, Government, financial institutions,other creditors, suppliers, and utility companies, bond holders, and preferred share holders. Most time common holders receive 0 there is nothing left after all other is paid. If you are a preferred share holder you may have a small chance of receiving something. |
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MadMan
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You still own the "shares", they are just worthless. |
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Miles C
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Shareholders are part owners; ergo, you lose
Bond Holders hold IOU so they get first divy of the carcass |
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Carlos R
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It's kind of like going to Las Vegas. You start out with a pocketful of money, and 4 days later you have nothing.
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al
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The shareholders are put on the list to be paid something but as a general rule they are at the bottom of the list of creditors and by the time the court gets to them the money is gone. Your shares probably have no value except for toilet paper. |
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colorado kid
 |
OKAY, listen to the good news : TAX WRITE OFF !!! a loss... of course, the taxpayers will bail out Fannie Mae and Freddie Mac.... |
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Jim G
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You probably won't lose your shares. But they will be worthless. The people who owns bonds will be paid first. YIKES. |
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Cute but Evil, things even out
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Yep, you just lost your shares. The good news is that even though you were partial owner, you are not liable for the companies debts. The bad news is you lost whatever money you had invested in the company. |
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RockDaddy
|
Bankruptcy generally occurs when a company's debt is greater than it's assets. Since the value of the shareholders' investments is (simplistically) assets minus liabilities, if liabilities are greater than assets, the shareholders have no remaining value.
In a Chapter 7 bankruptcy, the assets of the company are liquidated (sold) and the proceeds are distributed to the bondholders and other creditors. |
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Feeling Mutual
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The shareholders are the owners, and are entitled to the assets of the corporation upon dissolution. However, the creditors, bond-holders, and holders of prefered shares get paid first, in that order. |
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John D
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all of their shares become just sheets of paper, which would only be good to make "paperplanes" |
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Adobe
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the shareholders get screwed, generally. when you buy shares, you're buying peices of the company. no company=no pieces for you.
this is what happened when enron went kaput, only the ceos knew it was going to happen, sold their shares before it did, and left the shareholders without retirement funds and savings accounts. sucks, huh? |
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maxmom56
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The shareholders are at the bottom of the list of who gets paid. Typically, any money is long gone well before the shareholders are reached. |
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Rory W
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they have set aside accounts for share holders or the companies insurance covers it, stock holders are f*cked though |
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