Elon Musk’s Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis

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   Kathy E. Gill 🇺🇦 (kegill@mastodon.social)'s status on Wednesday, 21-Aug-2024 02:50:17 JST Kathy E. Gill 🇺🇦

   Proving once again that “investment bankers” have zippo common sense…. Look at what’s up with the loans they gave #ElonMusk to buy Twitter.

   #Trump’s new media venture—which used a loophole to avoid disclosures required for traditional IPOs—is similarly underwater.

   #GiftLink
   https://archive.ph/UqEo1

   https://amp.cnn.com/cnn/2024/08/12/business/trump-medias-massive-bet-could-fix-its-biggest-problem-it-brings-in-almost-no-money

   #Twitter #TruthSocial