Quote:
Originally Posted by Grady223
My wife was on the phone with Fairpoint the other day and the CS told her that they were declaring bankruptcy. Anyone else hear this? If so how is that going to affect us?
|
Yes, I've seen that on the news and read about it as well.
It is most likely a restructuring bankruptcy, much like the auto makers. They'll shed bad debt, fire a bunch of union folks, and to the end-user you shouldn't see any noticeable effect.