4 ms·
Playing devils advocate here: 1) Buy $44B asset with investor money 2) Tank value of asset by 90% 3) Buy debt at 90% discount 4) ??? 5) Profit
by more_corn 2y ago
Playing devils advocate here:
1) Buy $44B asset with investor money
2) Tank value of asset by 90%
3) Buy debt at 90% discount
4) ???
5) Profit
- kdmtctl 2y agoGet sued. You described a pure scam scheme. Of course there were underwrites and the usual dilution of responsibility, but even in this case "I wasn't able to predict that I can't handle it" will not work.