Sex Doesn't Sell Enough to Avoid Bankruptcy: Video

Sept. 19 (Bloomberg) -- There's so much sex on the Internet that a website where adults hook-up couldn't avoid bankruptcy, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their video in talking about the Chapter 11 filing by FriendFinder Networks Inc. AMR Corp. again is Case of the Week as the result of two court decisions, mostly favorable. Threshold decisions in Detroit's municipal bankruptcy might be taken out of bankruptcy court, as the result of a Supreme Court decision two years ago. The video closes with discussion of an opinion from the U.S. Court of Appeals in San Francisco allowing bankruptcy judges to control the outcome of disputes with taxing authorities, long after a company emerges from reorganization.

Full Show: Bloomberg ‹GO› (07/26)
20:16 - Bloomberg ‹GO› hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Michael Purves, chief global strategist at Weeden & Co., U.K. Minister of State for Trade and Investment Mark Price, John Lechleiter, chairman, president and chief executive officer at Eli Lilly, Ellen Zentner, chief U.S. economist at Morgan Stanley, Libby Cantrill, executive vice president at Pimco, Will Slabaugh, restaurant industry research analyst at Stephens, Brian White, senior equity research analyst at Drexel Hamilton, Steven Ricchiuto, chief economist at Mizuho Securities, and Bob Michele, global chief investment officer at JPMorgan Asset Management. (Source: Bloomberg)
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