Political Quotes

Spencer Bachus: “We have a bankruptcy law which allows you to go into bankruptcy, and then it allows the creditors, the company, the…”

On the recordFebruary 25, 2013
We have a bankruptcy law which allows you to go into bankruptcy, and then it allows the creditors, the company, the pension, the CBGC to agree on the best route out of bankruptcy.
Said by
Spencer Bachus
Alabama

Editor's note · Context

Bachus discusses the bankruptcy process and its legal framework for companies.

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