Linda McMahon to pay back creditors from 1976

Sep 21, 2012 - by Steve Gerweck

In a fresh round of criticism against Linda McMahon, the Democrats of Connecticut blasted the former WWE CEO for not paying the creditors in their 1976 bankruptcy and now Linda McMahon has vowed to track every single creditor and pay them back. The McMahon family had around $1 million in debts back in 1976 and court documents -published by the Greenwich Time newspaper shows all the creditors and how much they are owed by the McMahons. In total, there are 29 creditors, some of who have passed away. “Over the past two days, Vince and I have begun attempts to locate and reach out to all individuals on the creditor list. It is our intention to reimburse all private individual creditors that can be located. We feel it is the right thing to do to pay them in full, including an adjustment for inflation at four times the initial amount as shown on the list of creditors,” Linda said in a statement. You can read the document at ts-3882247.php

(thanks to Colin Vassallo)

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