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How much of that is due to the debt he himself laid on the company in his leveraged buyout? "I set this building on fire, and put a lot of the fire out!"
by badwolf 4y ago
How much of that is due to the debt he himself laid on the company in his leveraged buyout?
"I set this building on fire, and put a lot of the fire out!"
- BulgarianIdiot 4y agoBasically all of it. 1+ billion from the interest rate on his own loan, and 2+ billion from lost ad revenue, which sure: the upcoming recession affects ad revenue. But his antics made it probably at least 10x worse, immediately.