Investments in companies in bankruptcy
“Warning: This company is bankrupt.” We think that any warning, that a public company is bankrupt, would an investor pause. Unfortunately, many investors saw the birth of a brand name of manufacturer bankruptcy as an opportunity to make money. They make a bet that the stock is again increasing. Unfortunately, a lot of wrong guess. Indeed, the opposite is likely. Often, companies have succeeded in Chapter 11 to denounce, a reorganization of their former camps, so it is worthless. Join personal finance columnist Michelle Singletary and his host Susan Wyderko of the SEC, director of investor protection, education, Thursday, May 22 at 1 o’clock in the inset discuss investments in companies in bankruptcy. Wyderko is director of the Office of Investor Education and Assistance at the Securities and Exhange Commission. The secretariat of individual investors, ensuring that their problems and concerns are known throughout the SEC and reflect, if the Agency operates. Previously, she was vis-à-vis the Commission, as director of regulatory affairs and also other executive positions
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