2 ms·
> if you borrow money from a bank, they don't go away if the bank goes under. Saylor just got a nice 22% discount on repaying his loan when his bank went away.
by latchkey 4y ago
> if you borrow money from a bank, they don't go away if the bank goes under.
Saylor just got a nice 22% discount on repaying his loan when his bank went away...
https://twitter.com/saylor/status/1640325496654143488 https://twitter.com/saylor/status/1640325496654143488
- jongjong 4y agoExactly, they can buy their own bonds back at a discount using a portion of the money they borrowed.