Post
Topic
Board Economics
Re: The reason that crude oil price crashed
by
Febo
on 11/12/2014, 21:07:24 UTC
Guess who will pay this?

No one...

Their creditors will get their assets and sell them off to other companies. That's how bankruptcy works. Unless the government takes the company into receivership and/or bails them out.

Not company but banks. That never happened in past?