#stopgreed — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #stopgreed, aggregated by home.social.
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#TedyTeow, #Malaysian #fraudster dubbed #JhoLow 2
"Malaysian social media celebrated Teow’s extradition to PRC. “He destroyed many people’s lives.. deserves to be whipped, tortured & suffer in prison b4 dying”.. Ang hopes his experience will serve as a #cautionarytale to anyone #tempted by #investments offering too much, too fast. “huge cos like EPF offer #reasonable returns at ~6%.. what makes u think much smaller cos can #guarantee returns tt r much higher?”"
#StopGreed
https://www.scmp.com/week-asia/people/article/3276381/how-tedy-teow-malaysian-fraudster-dubbed-jho-low-2-allegedly-swindled-millions -
#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