Importantly, if the facility for asset-backed securities proves successful, its basic framework can be expanded to accommodate higher volumes or additional classes of securities as circumstances warrant.
From a strategic standpoint, therefore, Westinghouse's broadcasting ambitions satisfy the basic rule of corporate capitalism: if you can wring more value out of an asset than anybody else, it ought to be yours.
This can be a big problem, so we seek to get around that basic flaw in human nature by investing at all times in a broad array of different asset classes.