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economics
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this post was submitted on 21 Aug 2024
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Economics
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Elon Musk's Twitter takeover has ended up as the worst buyout deal for banks since the financial crisis
(www.businessinsider.com)
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1 month ago
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MicroWave
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Elon Musk's Twitter acquisition ended up being the worst financing deal for banks since 2008, the WSJ said.
The $13 billion in loans Musk took out have been stuck on banks' balance sheets.
The loans have cut into pay for bankers and lenders' ability to finance other deals, the Journal reported.
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uebquauntbez
1 points
1 month ago
Should he buy oil companies now? O Yes, definately O No, too late
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Should he buy oil companies now? O Yes, definately O No, too late