Complex sentence: Drexel's senior management saw this as a win-win situation for the firm, if it worked, it would be a valuable tool in future deals; if it didn't, Drexel wouldn't suffer any significant losses.
Split into simpler sentences: Drexel's senior management saw this as a win-win situation for the firm. If it worked, it would be a valuable tool in future deals; if it didn't, Drexel wouldn't suffer any significant losses.