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Leverage = $380 million. Now the judge tells them "you have much more leverage". So tey have to work out how much more leverage they have. 5 times the leverage
by UntitledNo4 12y ago
Leverage = $380 million.
Now the judge tells them "you have much more leverage". So tey have to work out how much more leverage they have. 5 times the leverage would be $1.9 billion.
That's at least how I understand the text, and I find it very honest of the judge. I guess she can't give them the exact sum she thinks is appropriate.