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Patrick Boyle breaks down the situation with his usual eloquence and dry humor. Video is worth watching just for the chart of the corporate structure. https://y

• photochemsyn 4y ago
  Over 130 companies referenced in the bankruptcy filing, and 'around 77 companies' in that organizational chart! The first thought is that's an optimal structure for a money laundering outfit, as if those companies are constantly transferring funds from one to the other, dirty money can be fed in to that system and then get lost in the mix, coming out as fairly clean on the other end. See Nick Kochan, "The Washing Machine": https://www.goodreads.com/en/book/show/21230193-the-washing-machine https://www.goodreads.com/en/book/show/21230193-the-washing-...
• staindk 4y ago
  Thanks for the link! Very good video indeed and I'll have to look into some more of his videos. Very funny and well presented.
• raziel414 4y ago
  That video is amazing. Thanks for sharing!