"John H" wrote in message
...
On Mon, 01 Jun 2009 21:08:03 -0400, HK wrote:

Irwin Jacobs' Genmar files for Chapter 11 bankruptcy

By Susan Feyder, Minneapolis Star Tribune

Genmar Holdings Inc., the Minneapolis-based boat manufacturer founded
and headed by Twin Cities businessman Irwin Jacobs, today filed for
protection from its creditors under federal bankruptcy laws.
Don't blame me. I voted for the American.
--
John H

"The problem with Socialism is that you eventually run out of other
people's money." --Margaret Thatcher

Or the people get the bill.

But honestly, it is too late. I suspect no one ever expects the grad daddy
debter of them all to pay thir debts. Government itself is technically
insoluable.