Frankly, if the banks call in his debts and he’s essentially forced to divest enough shares that he has to give up controlling interest in one or more of his other companies… it may be genuinely better in the long-term for those companies.
🤞
Lol and if Elon Musk says it, you can take it to the bank, where it will then lose a bunch of its value
You’re a sucker if you rely on Elon Musk telling the truth.
Kinda stupid not to put an exit clause on the contract, instead of relying on his word. Ohh well, I am sure they will be fine!
it turns out he’s really determined to destroy Twitter: lying to banks it’s a big no no for one like him.
otherwise he’s that kind of person many think he is.
Yep. Don’t fuck with our owners.
That was Bernie Madoff’s mistake.
Weird. And here I was thinking that Madoff’s mistake was running a huge Ponzi scheme.
The mistake was who he targeted with said scheme, ripping off market investors on a broad scale and not just tricking foolish commoners out of their pension cheques.
Most of these schemes are never publicized and barely punished white collar crimes, or actively ignored as MLM pyramid schemes are. Madoff made the mistake of going way, way too big and thinking he could get away with it.
And Market Capitalism the largest pyramid scheme of all time, whats your point?
https://ryangosha.medium.com/capitalism-is-a-pyramid-scheme-769cc882f6
It’s freedom of speech…/s
That was one of his defenses when he was fucking with the stock market, before he was forced to buy twitter.
Why would the banks sell the debt? That asshole has the money to make the payments. If he doesn’t, they should start taking his collateral.
Hahahahahahahahahahaha
Who would even buy this debt if they wanted to sell? There’s no sign of the situation improving.
