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I wish even a tiny bit of the $24B came to my bank account. Where did it go exactly?
by silentsea90 7y ago
I wish even a tiny bit of the $24B came to my bank account. Where did it go exactly?
- chewz 7y ago> Where did it go exactly? The $24B is a loss as a result of repricing assets and creating reserves. So it is just some virtual moves in the balance sheet of Softbank, a record in a computer essentially. Do not imagine stacks of dollars being burned on some altar.