Possibly. Depends on their exposure but possibly not.
Remember, in theory ALL of these markets have a large vig favoring 5D. If they all settled naturally 5D profits. We agree?
So in the middle of the market 5D would have also built equity(a profit). We still agree?
It's also possible 5D losses money settling these markets in this absurdly idiotic way.
It eliminates the theory they will return to the legal market at some time. Regulators would be crazy to approve a license after this stiff job.
Remember, in theory ALL of these markets have a large vig favoring 5D. If they all settled naturally 5D profits. We agree?
So in the middle of the market 5D would have also built equity(a profit). We still agree?
It's also possible 5D losses money settling these markets in this absurdly idiotic way.
It eliminates the theory they will return to the legal market at some time. Regulators would be crazy to approve a license after this stiff job.