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Originally Posted by Spin They are in chapter 11 bankruptcy right now. |
The holdings company yes, NOT the brokers arm and a good majority of their business. Check the stories. I know most people don't and will go for the simplification of everything, it's easier. That's how our friend bkka like to read them, over simplification, and the world is coming to an end.
The Holdings company is a different legal structure. The idea is you don't "take down" all your profitable business if you have one business that goes wrong.