Judd Legum @JuddLegum
10. This kind of phony bankruptcy, called the "Texas two-step" was pioneered in 2017 by @KochIndustries, which used it to offload asbestos liability from its Georgia-Pacific subsidiary. It paid lawyers from @JonesDay millions to execute the scheme https://t.co/p6whL6Nc5E — PolitiTweet.org