To: PhiKapMom
The dems are smart in playing the gift of the $100 grand to charity as opposed to the repubs who just returned it to Enron. I suspect a donation made that close to filing bankruptcy will be required to be returned for use to pay off creditors. I'm not sure of the legal aspects but I think there are some rules regarding special [preferred] payments like this. But the dems get the play of giving to charity prior to having to return it to the bankruptcy court, if in fact it has to be returned to the court.
17 posted on
12/30/2001 7:10:08 PM PST by
deport
To: deport
Think you are right about having to return it to the Bankruptcy Court. They are certainly playing this as a charitable donation -- probably one that would end up right back in the DNC pockets from another donor. Wasn't there some other money the DNC was supposed to return but kept not having the money to return it. I can't remember exactly what it was!
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