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Weinsteins Get Their Debt Wiped!

| Filed under: Film FlickersBusiness Blitz

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Well good for them!

The Weinstein Company has reached a full restructuring agreement in which insurance company Ambac will pay off $115 million of their debt to Goldman Sachs and Assured Guaranty.

They had to give up 200 of their 350 films to do so, but at least the debt is gone!

Just like that!

[Image via WENN.]

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6 comments to “Weinsteins Get Their Debt Wiped!”



  1. 1

    GOOD FOR THEM! MAYBE GAGA CAN GET HER DEBT WITH HER COKE DEALER WIPED TOO!! RA RA ROMA MA!! P.S. WHEN LADY GAGA FELL NOTHING HAPPENED. SHE DIDN'T BREAK HER NOSE IN 7 PLACES LIKE THE RUMORS ARE SAYING. IT'S HARD TO WALK ON 8 INCH HEELS THAT TAPER TO A POINT!



  2. 2

    Wow, is that how Jeweish people get their debt erased?
    Too bad for me, I am muslim and thanks to Allah I do not have any debt.



  3. 3

    I'm sure it's a big relief. I know I would be relieved to have that kind of debt gone.



  4. 4

    They had debt?



  5. 5

    Jews



  6. 6

    Is that WINE-STAIN or Weinstein?