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Martin Holland

🤪

’s Is Now the Worst Buyout for Banks Since the Financial Crisis

Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks’ balance sheets

wsj.com/tech/elon-musks-twitte

@mho

I want to know who the hell underwrote those loans. Like, not the banks. The banks we have on record. I mean the actual people who looked at Elon Musk's 5-year plan (ha) and went, "Yeah, we can justify this, it sounds like a worthwhile option."

And then I want to simply look at them with such deep, withering scorn that they will melt into a small puddle.

@Jennifer Kayla | Theogrin 🦊 such people do not melt. they'll grin back thinking of the money they made with this and head off to their private islands ...