RE:RE:RE:NewsFinancial Truths 101 - in the event that the company declares bankrupcy the first thing that will happen is the equity holders (shareholders) get ZIP, NADA, ZILCH. First, the lawyers and accountants will grab whatever money is left to cover their costs (Administrator Fees), then secured lenders will get first kick at the assets. Then unsecured lenders will get the crumbs left over.