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Can you provide sources or any meaningful numbers beyond handway 'most' regarding which of his shares are used as collateral? His NW went from 20B to 270B in l
by hackerfromthefu 4y ago
Can you provide sources or any meaningful numbers beyond handway 'most' regarding which of his shares are used as collateral?
His NW went from 20B to 270B in last 2 years.
If your house went from 200k to 2.7M, the bank will somehow find it in their heart to lend you a lot more dollas than before ¯\_(ツ)_/¯
Doing the actual maths 40B is chump change and he could probably borrow couple hundred B or more if the things he's buying also have market value banks will lend on.
Unless he's somehow borrowed hundreds of Bills in the last 2 years? Any sources for that, I looked because of what you said but didn't see any actual info on loans beyond .5B in 2020 which is a fifth of a percent of his NW. Literally < 1% of his NW ??
- belter 4y agoLooking at Morgan Stanley CET1, and regulations on the percentage limits, of how much a bank can lend to a single customer, I don't think they can do this deal and stay compliant. But regulation compliance was never a problem at Wall Street. https://www.morganstanley.com/content/dam/msdotcom/en/about-us-ir/pdf/3Q21_Basel_III_Pillar_3_Disclosures_Report.pdf https://www.morganstanley.com/content/dam/msdotcom/en/about-...
- hackerfromthefu 4y agoI take it you are tacitly agreeing with the actual maths and figures.
- belter 4y agoThe recent news about the deal still show he is 21 Billion short.