That’s not how loans for billionaires work.
bet you a soda they want their money in the next few years.
“Humans are just imperfect crabs.” - @pH3ra@CubitOom@lemmy.ml
Trying to be the best crab I can.
That’s not how loans for billionaires work.
bet you a soda they want their money in the next few years.
Most of his purchase for the company was done by using his other stocks as collateral to be able to take out loans from the banks.
gonna get really interesting when the banks start looking for their returns. watch, he’ll get Trump to bail it out.
for the fanboys saying “that’s not how loans for billionaires work” - it would appear that actual bankers feel remarkably different.
https://nypost.com/2025/01/24/business/wall-street-banks-set-to-sell-billions-of-dollars-of-x-loans/
https://nypost.com/2025/01/24/business/wall-street-banks-set-to-sell-billions-of-dollars-of-x-loans/
https://www.reuters.com/technology/wall-street-banks-set-sell-billions-dollars-x-loans-wsj-reports-2025-01-24/
https://www.wsj.com/finance/banking/wall-street-banks-prepare-to-sell-billions-of-dollars-of-x-loans-c609beb1
LOLOL