It would be better to allow most airlines to go into chapter 11 bankruptcy than to use subsidies to keep some of them out of it.

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The studio had been slated to go into Chapter 11 bankruptcy and emerge under control of Spyglass Entertainment.

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"The problem that Qwest has is almost that it didn't go into Chapter 11, " says Pultz, with a nod to the bankruptcy filing by MCI predecessor WorldCom.

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