Summer 15' Battle of the L's Play In Game 50 Cent vs. Suge Knight

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Beta;8328701 said:
_Goldie_;8328691 said:
Why is 50 on the list?

Probably for that bankruptcy thing or w/e happened. But it's not even an L really

Niggas still think chapter 11 = broke? lol Trump filed for Chap 11 about 5 times already lol Shits common in the corporate world.
 
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_Goldie_;8328729 said:
Beta;8328701 said:
_Goldie_;8328691 said:
Why is 50 on the list?

Probably for that bankruptcy thing or w/e happened. But it's not even an L really

Niggas still think chapter 11 = broke? lol Trump filed for Chap 11 about 5 times already lol Shits common in the corporate world.

I dont think Trump has ever filed personal bankruptcy, its always his corporations.

 
Screwtape;8328843 said:
_Goldie_;8328729 said:
Beta;8328701 said:
_Goldie_;8328691 said:
Why is 50 on the list?

Probably for that bankruptcy thing or w/e happened. But it's not even an L really

Niggas still think chapter 11 = broke? lol Trump filed for Chap 11 about 5 times already lol Shits common in the corporate world.

I dont think Trump has ever filed personal bankruptcy, its always his corporations.

Chap 11 is pretty much exclusively for businesses and corporations, Chap 7 is more commonly used for personal bankruptcy.
 
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_Goldie_;8328866 said:
Screwtape;8328843 said:
_Goldie_;8328729 said:
Beta;8328701 said:
_Goldie_;8328691 said:
Why is 50 on the list?

Probably for that bankruptcy thing or w/e happened. But it's not even an L really

Niggas still think chapter 11 = broke? lol Trump filed for Chap 11 about 5 times already lol Shits common in the corporate world.

I dont think Trump has ever filed personal bankruptcy, its always his corporations.

Chap 11 is pretty much exclusively for businesses and corporations, Chap 7 is more commonly used for personal bankruptcy.

honestly im no expert, but 50 filed chapter 11 personal bankruptcy and its apparently a world of difference between that and trump filing corporate, even if it was four or five times or whatever.

as far as Ls go, 50 filing bankruptcy is an L but it seems like it may have worked for him. The fact he released a sex tape of his rivals girl with an unfunny voiceover, and it ended up costing him 7.5 million and affected his image (in a war he lost anyway,) thats a huge L. Hes literally paying Ross' kid way through life. Thats got to hurt.

none of this is as bad as schmurda though

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Bankruptcy pretty much stops creditors from be able to touch any of the money he makes after he files for bankruptcy , which is smart. 50 is the producer of one of the best shows on TV, he's doing aight lol

 
And in chap 11 a persons personal assets arent at risk and ur credit remains in tact. That's why I said its pretty much for businesses and corps, it allows the businesses to keep running and they give u a certain amount of time to pay ur debts.
 
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_Goldie_;8328914 said:
Bankruptcy pretty much stops creditors from be able to touch any of the money he makes after he files for bankruptcy , which is smart. 50 is the producer of one of the best shows on TV, he's doing aight lol

If he was ever gonna go broke it was always gonna be rich people broke anyway, i dont see the man being left desititute, hes obviously pretty smart. Yeah man i heard good things about Power but stellar shows like sopranos, the wire, Bb and them have fucked up anything thats not extremely top grade for me. Im even struggling to get through sons of anarchy and its pretty decent. need to lower my expectations somehow lol

good to see you back anyway @_Goldie_
 
No one is topping being once worth hundreds of millions of dollars to now being fat and blind in jail.
 
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