Too many shrimp? Or, are shrimp small enough and fungible enough that we can say "too much shrimp"? In a statement on X, i.e. twitter, last week, Red Lobster reacted to some of the distressed reactions regarding its filing for bankruptcy the preceding weekend. "Bankruptcy is a word that is often misunderstood" it said. "Filing for bankruptcy does not mean that we are going out of business. In fact, it means just the opposite. It is a legal process that allows us to make changes to our business and our cost structure so that Red Lobster can continue as a stronger company going forward." I appreciate the Pollyanna-ish note there, but .... To speak more strictly, chapter 11 is a legal process that allows a court to make a decisions on fundamental changes to a business, (dissolution remains a possible result), inclusive of changes as to who owns what interests in it -- changes to the content of the "we" and "us" in that statement. The...