In an alternate universe, Bret Hart retained his belt at SS 1997, although it was by cheating somehow. The hometown crowd loved it, though, and of course cheered for Bret as a heel. During that match, Vince McMahon entered the ring and talked to the alternate universe version of Earl Hebner. As Bret was leaving the ring with his belt, McMahon got the PA to call Bret back to the ring. Hebner had reversed the decision, and the match was going to continue. Bret came back to the ring and started arguing with Hebner. In a fit of rage, Bret attacked Hebner and laid him out. Vince tried to intervene, and for that he got sucker punched and Bret slapped the sharpshooter on McMahon. All this, in the alternate universe, was staged.
Michaels, who was recuperating in the corner, then intervened and the two came to blows. By this time the Hart Foundation came to the ring to assist Bret, while half the locker room (led by Triple H) joined in the melee. Bodies were smashing into announce tables, fights going into the stands, and foreign objects flying like missiles through the air. Absolute chaos ensued to close off the show. Bret and the Foundation escape with the belt, and the show ends with them fleeing through the parking lot into waiting cars.
The next night on Raw, Vince is in the ring with Sgt. Slaughter, as well as an entourage of security officers. He calls Bret out to answer for his despicable actions from the night before. Out comes Bret, unapologetic, and berates McMahon. Bret breaks kayfabe, and announces to the world that the actual person pulling the strings is McMahon himself. He is in fact the owner of the company. As the owner, Bret tells the world that McMahon has been trying to get the belt off of him for a long time, and wants his golden boy Shawn to have it. McMahon is visibly irate at Bret, and for real. Bret then shoves McMahon, and announces that he is sick and tired of the games McMahon keeps playing with him, and that McMahon tried so many times to betray him. For that, Vince can kiss his ass goodbye.
As Bret is about to leave the ring, Vince tells him to stop right there. Bret laughs him off, but Vince tells him what he is about to say will have the whole world talking. Vince says that for too long, Bret's ego has been getting in the way of what is right for HIS company. Out of respect and admiration, and even friendship, Vince has let a lot of things go over the years. Now, it seems, Bret has forced his hand. Vince says that the championship he is holding, and he reminds him that it is his championship belt, belongs to the WWF. A decision was made this morning to strip Bret of the title, for his despicable and disgraceful actions the night before in Montreal. Bret tells Vince that he'll have to pry the belt from his dead hands before he'll give it up. Vince tells him that he is not going to let Bret take the belt "Down South", as someone else once did. The two exchange words inaudibly to each other. Vince goes back to the mic: "Might as well let everyone know Bret. Do you want to tell them, or should I?"
Visibly upset, Bret tells Vince to go to hell. "After all these years of carrying this company on my back, putting my blood, sweat and tears for you and this company, this is what it comes down to, eh Vince?" Bret throws the belt into Vince's chest, gives him the finger and climbs up the turnbuckle. He gestures the letters "W-C-W" in the air, and there is a stunned silence. Bret walks up the ramp, and shouts "I'm DONE with you!!! I'm DONE with the WWF. Screw you Vince McMahon!!!"
As Bret is leaving the backstage area, he is comforted by the Hart Foundation, who sells extreme shock at what went down. Owen is there to give his brother support. They are all about to leave together when Vince interrupts the proceedings. He shouts out over the announce system, which is fed through the back that if anyone leaves with that traitor, then they can consider it their farewell too. Angered and disgusted, they all leave together with a unified middle finger to Vince, and more WCW gestures. In this universe, Owen left with them and never died.
Some might ask if this would have affected the rise of Stone Cold Steve Austin, and I would say no. It would have been a slightly different version, but more or less the same Rattlesnake and the same wars with Vince. However, in this version, Vince would have been fully behind his golden boy Shawn Michaels, who was full-on heel by this time, and backed by Triple H and Degeneration X. Austin would have been a constant thorn in their sides, finding every way possible to ruin McMahon's plans. He would have been a lone wolf, though eventually he would have found unlikely allies in Mankind and the Rock. The Rock would have turned on Austin when Michaels went out with a back injury, as he would have become McMahon's handpicked successor.
So, in a nutshell, the Attitude Era officially began at Survivor Series in Montreal, and Vince's new role as "Mr. McMahon" would have taken form the next night on Raw. That Raw emanated from Ottawa, so Vince would have been booed out of the building. The Hart Foundation (Bulldog, Anvil and Owen) would have left with Bret to WCW. Austin would have emerged as the same guy who stood up to Vince and his bullshit, but in this universe it was Shawn who Vince put in the driver's seat. Perhaps all this would have emerged in some "tournament" for the vacated championship, in which Stone Cold was on his way to winning. Vince comes out and stacks the deck so that Michaels wins. Who knows? Maybe WCW in this universe did things right with Bret, and the rest of the Foundation and went on to more success over the years (until eventually losing the war to the WWE).