An obligation to fix errors
The Trump administration's handling of Abrego Garcia's case shows how unserious they are.
A few years ago, I was involved in Revlon's bankruptcy amid deteriorating finances. Revlon reached out to some of its lenders and was working with us to buy more time.
Citibank, who managed payments from Revlon to the creditors, accidentally sent a $500 million payment to those of us who were holders of these bonds. It was an administrative error. It was…
Keep reading with a 7-day free trial
Subscribe to Directed Divergence to keep reading this post and get 7 days of free access to the full post archives.