Exactly Right.... Even the ECAPS are being paid by their trusts and of Course LBH PLC is the one paying them to in turn pay the holders of ECAPS securities, as 'promised' in their prospectuses...LBHI has to do the same thing as LBH...
This is not a bankruptcy, only a professional street fight down to the last penny. A going concern is much less important to the bonus based leadership. The bankruptcy Plan was designed to yield what we are witnessing today.
Corporations live for centuries. This is the biggest dice game in history. Judges retire to escape the smoke in their courtrooms.
Life could be worse. And it is getting worse by the New York minute.
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