This explanation gets very hand-wavy when it comes to explaining how much the lawyers and investment bankers get paid. Think about this: how much would you pay

This explanation gets very hand-wavy when it comes to explaining how much the lawyers and investment bankers get paid. Think about this: how much would you pay to Bobby to avoid paying $1000 to your Uncle Sam? You are technically better off even if you pay $999… I have no doubt that Mortimer Silverspoon III is better off, and that the taxpayers as a whole are worse off. But I bet that the real winners are the partners at Quahog Sachs and Dewey Cheatem & Howe LLP. The complex paperwork and the decades between origination and conclusion probably make it nearly impossible for anyone else to know who came out on top. But we definitely know who lost.