InvestorsHub Logo
Followers 17
Posts 4263
Boards Moderated 0
Alias Born 12/15/2016

Re: None

Wednesday, 01/22/2020 1:26:42 AM

Wednesday, January 22, 2020 1:26:42 AM

Post# of 111469
If creditors already received distributions above what they paid for the claims they purchased will no longer be eligible for a tax write off. Since lehman bk happened in 08 and projected return rate was $64bil then it is safe to assume that around at least 90-95% of claim holders sold their claims far below face value. Meaning creditors would benefit from not only distros but equities also.