Originally Posted by
GPullR
You can double that number with payroll tax and benefits.
5 billion ish will be the number to declare bankruptcy. Right now its supposedly just over 1 billion loss a month. So we have about a year to stop the bleeding.
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Why 5 Billion? I'm assuming you have to have working capital to get you through the Chapter 11 without getting any more loans since, well, who lends to a Company in BK.... but How long did the last Chapter 11 take? Anyone on property remember!?