Quote Originally Posted by Spetulhu
What's it called when a bankrupt company gets court protection against debtors? Right now over half of the flight seats in the US are on bankrupt companies that still do business. The investors have more time to get their money out, the debtors can lose more money and the workers get to accept worse conditions in order to keep the company afloat.

And yet someone thinks there's nothing fishy at all with the economy?
Spetelhu:

You are bringing up a sore point for all of us free-market conservatives. The bulk of us would prefer a system wherein those companies that couldn't compete died (my pref) -- or at least had no more than one (1) very time-limited opportunity to use this dodge. Right now, with companies seeking chapter 11 status to free up cash for takeovers (e.g. K-mart and Sears) it seems a little nauseating.

Seamus