There is much uncertainty and that is why these LTW's which should be trading at 4-5X the current price level and more, are not.
As I've said before, this is as much a referendum on the integrity of the legal system as anything else, and the percentage calculated from the ratio of the market price to the discounted future value of the calculated payout is the percentage of confidence the market has in that integrity.
Not very inspiring, but we aren't living in our grandparents' America.
Adamantane
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