Comment on Elon Musk's Twitter takeover has ended up as the worst buyout deal for banks since the financial crisis

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Blue_Morpho@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

Again why does the bank care? The article claims the bank gets interest and has Tesla shares as collateral. If Musk doesn’t pay they take the shares. So how are they losing?

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