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by n2d4 729 days ago
Bankruptcy means the shareholders and potentially some lenders are wiped out; it doesn't mean the company ceases to exist.

In a Boeing bankruptcy, roughly $100b of its paper money market cap may be "wiped out" (but for the company to go bankrupt that paper money would have to be worthless anyways), but the factories would keep producing. No "trillions" are on the line, even in that extreme case.

The company and its assets don't just evaporate when some executives go to prison.