Elon Musk told bankers they wouldn’t lose any money on Twitter purchase
Elon Musk told bankers they wouldn’t lose any money on Twitter purchase
10 comments
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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.
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Lying to banks is exactly the thing that may get Trump finally convicted.
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Yep. Don't fuck with our owners.
That was Bernie Madoff's mistake.
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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.
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I don’t care whether we’re talking about Musk or anyone else - any bank that lends money while taking into account the “personal guarantee” of the borrower has only themselves to blame for any losses.
OF COURSE a potential borrower is going to make lending sound like a good idea. The borrower is as biased and impartial as possible. If anything, these banks deserve to get bit in the ass for being blinded by greed. Maybe the people who approved the loans shouldn’t have that authority.
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Hahahahahahahahahahaha
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Elon Musk lies about a lot of things.
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Isn't it illegal to guarantee returns?
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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.
10 comments
Lol and if Elon Musk says it, you can take it to the bank, where it will then lose a bunch of it's value