Gun Guru, you are mistaken. This is black letter law: "During bankruptcy, bondholders will stop receiving interest and principal payments, and stockholders will stop receiving dividends."
Also Bond holders ARE NOT paid first in bankruptcy. Secured creditors are paid 1st. Unsecured creditors (bond holders are one of several unsecured creditors) are paid 2nd.
Maybe knowing the facts will make you less pi$$ed off.
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Today's Featured Article - Restoration Story: 1964 JD 2010 Dsl - Part 2 - by Jim Nielsen. Despite having to disassemble the majority of my John Deere 2010's diesel engine, I was still hopeful I could leave the engine-complete with crankshaft and camshaft-in the tractor. This would make the whole engine rebuild job much easier-and much less expensive! I soon found however, that the #4 conrod bearing had disintegrated, taking with it chunks of the crankshaft journal. As a resul
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