Michał "rysiek" Woźniak · 🇺🇦> Loans that Elon Musk used to buy Twitter have become the worst merger-finance deal for banks since the financial crisis of 2008-09, according to a report.
> The Journal reports that banks haven’t been able to sell the debt without taking huge losses, predominantly because of the company’s poor financial performance.
https://finance.yahoo.com/news/elon-musk-twitter-buyout-officially-161518178.html
"Let's lend $13bln to a thirsty edgelord for buying out a web forum, what's the worst that could happen?"
These are deeply, deeply unserious people. 🤡
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