FAO Grad G Gradster esq

[fugjostle]

wtf??

http://www.theregister.co.uk/content/6/26280.html

Whats the news from the inside matey?

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Fug F Fugginham the 3rd

 

[grad]

aye went chapter 11 in the states yesterday.

this chapter 11 thing is not bankrutcy though, sounds mint...big company says, ' ooh we're a bit poo with cash and at accounting' and the US says ' no probs, go chapter 11 and you can carry on trading and we'll wipe your debts..'


but obviously long term it's looking bleak. dunno how all this will affect the UK part..

bet you're glad you got out when you did? jammy fecker..