This is probably snark, but to give a clear answer: no. Owners of a company technically "own" the debt in the sense of a balance sheet, but are not liable for it. If you buy a share of stock and the company goes into liquidation, no one can come after you for its debts. What happens is that the creditors all get in line in bankruptcy court and the arbitrator decides who gets how much of whatever is left.
Comments
Does Microsoft get 27% of the debt?
This is probably snark, but to give a clear answer: no. Owners of a company technically "own" the debt in the sense of a balance sheet, but are not liable for it. If you buy a share of stock and the company goes into liquidation, no one can come after you for its debts. What happens is that the creditors all get in line in bankruptcy court and the arbitrator decides who gets how much of whatever is left.