pud99
Senior Member
Charter Communications
Tory was on the board of directors from 2001 to 2009. In 2009 the company did a pre-packaged Chapter 11 filing, which eliminated the existing shares (they were worth nil) and some of the company's debt. Chapter 11 is called 'bankruptcy protection" in the US. So, expect: "Bankruptcy, bankruptcy, bankruptcy folks! Caused by Tory! And he tried to hide this! Bankruptcy, bankruptcy, bankruptcy! You can't trust him with your hard-earned taxpayers money! Did I mention bankruptcy folks?!"
http://en.wikipedia.org/wiki/Charter_Communications
Tory was on the board of directors from 2001 to 2009. In 2009 the company did a pre-packaged Chapter 11 filing, which eliminated the existing shares (they were worth nil) and some of the company's debt. Chapter 11 is called 'bankruptcy protection" in the US. So, expect: "Bankruptcy, bankruptcy, bankruptcy folks! Caused by Tory! And he tried to hide this! Bankruptcy, bankruptcy, bankruptcy! You can't trust him with your hard-earned taxpayers money! Did I mention bankruptcy folks?!"
http://en.wikipedia.org/wiki/Charter_Communications