#deephole — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #deephole, aggregated by home.social.
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#dejavu
Musk’s #Twitter #Takeover Is Now the Worst #Buyout for Banks Since the GFC
"The $13bil tt #Musk #borrowed has turned into e #worst #mergerfinance deal for #banks since the 2008-09 #GFC. The 7 banks in e deal, incl'g #MorganStanley & #BofA, lent e money in Oct 2022.. nearly 2 years aft, X’s biz is still struggling to climb out of the #deephole it fell into under his ownership—the co last yr said its value had fallen by more than half, to around $19bil"💸 #StopGreed
https://www.msn.com/en-us/money/companies/elon-musk-s-twitter-takeover-is-now-the-worst-buyout-for-banks-since-the-financial-crisis/ar-AA1p6hLY