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AndyJ1972

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It all got silly back in the day.

I was a member of various demo groups/cracking groups and I experienced all sorts of oddness. People wanting arranged fights because they thought their code was better !?

Beyond me.

Not in the UK in General, the Government lost it's preferential creditor status several years ago.

The result of which is that they chase their debts a lot quicker and a lot harder than they did before.

I too know nothing of Japanese bankruptcy laws.

In the UK, if a company owner (Director) files for bankruptcy (Administration) then their conduct is investigated by the trustee and a report is sent to the Department of Trade and industry.

If anything is found, said owner can potentially be held liable for debts, or at the very least be disqualified from running a LLC again.

However, the owner can just then declare themselves bankrupt and escape making any payments, and use a puppet director in their next venture.

Thanks for that info JumpCrissCross.

I probably should have mentioned I am in the UK. You get back up to £170k here ($280k) but I guess my point still stands :-)

Edit: (Oh, that's for a married couple by the way. £85k if you're single.)

Not sure why this is being down-voted as it is essentially true.

Large banks do have bugs, and sometimes even admit it. [0][1]

The fractional reserve system basically means if there is a problem, you need to be the first at the counter. If you are not, you will only get a certain amount of money back.

[0] http://www.telegraph.co.uk/finance/2737388/Bug-crunches-Hali...

[1] http://www.independent.co.uk/news/uk/home-news/lloyds-bankin...

Edit to add: (But not quite the same as the one above)

http://www.dailymail.co.uk/news/article-2426519/Gang-arreste...

http://article.wn.com/view/2012/06/26/Lloyds_TSB_computer_gl...

My other half said to me one day early in our relationship, as I was facing brancrupcy due largely to my business partner....

"I don't care if we live in a tent if I'm with you."

I recounted that line to her when I proposed years later.

Circuit Stickers 13 years ago

I was thinking of combining the two, seeing as I have more Lego than is healthy for a 41 year old. :-D