According to a Wall Street Journal report, banks that loaned Elon Musk $13 billion to buy Twitter haven't been able to sell the debt.

  • hexaflexagonbear [he/him]
    ·
    3 months ago

    it looks like a costly mistake unless they can extract interest payments from X, plus a repayment of principal once the loans mature.

    Did a business genius write this?

  • Ildsaye [they/them]
    ·
    3 months ago

    It takes a capitalist bank to do something as stupid as loaning billions of dollars to some guy

    • UlyssesT
      ·
      edit-2
      15 days ago

      deleted by creator