“The largest 26 of these trusts paid about 2.4 million claims totaling about $10.9 billion up to 2008.”
Sounds like they were made to pay people. The companies are bankrupt…the trusts ensure funds are available to pay people despite the companies being insolvent.
“The largest 26 of these trusts paid about 2.4 million claims totaling about $10.9 billion up to 2008.”
Sounds like they were made to pay people. The companies are bankrupt…the trusts ensure funds are available to pay people despite the companies being insolvent.
the trusts pay pennies to the dollar…
Instead of literally nothing.
The perpetrators pay literally nothing.