Hacker News new | ask | show | jobs
by enraged_camel 4376 days ago
>>Instead, we're hearing reports that only the part of the company that owes us money will be filing for bankruptcy, leaving the other part free to keep operating. This is corporate logic we refuse to accept - the two entities shared the same name until things went sour - they are most definitely related and we hold them fully accountable.

Welcome to America, where corporations are people when it is convenient (e.g. when they want to get their favorite politicians elected), but can restructure themselves to avoid paying their debt when they fuck up big time.

Maybe I should borrow a shitload of money from a bank, and then cut off my hand and say to the bank, "well, it was actually my hand that owed you money. The rest of my body doesn't owe you anything."