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> 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 S
by 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.