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Old 01-16-2024 | 04:43 PM
  #179  
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Excargodog
Perennial Reserve
 
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Originally Posted by fumeevented
So what happens in a "liquidation"? We all go on the street?
Far more likely Chapter 11 than Chapter 7 but if it does go Chapter 7, yeah, we all wind up on the street. Not necessarily something all that bad for the junior FOs in this market but a real shaft for the guys who have been here ten or fifteen years and will be starting over at first year pay somewhere else.
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