Jumping from unsecured to secured after creating the mess lending $600m for a dud asset without security, the directors of WPG must have loved the Arrium directors and their lenders.
Receiving 70 cents in the dollar while other creditors are thrown 10, see what happens at the RC into the banks down the track but seeing Shorten's close links to KM and Zwier he's probably just hoping to become PM and maintain his cosy friendships with the wealthy Corporates.
ARI Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
