2 ms·
You Can't Buy Stock in Athletes
- PaulHoule 1y agoFor free thinkers: https://archive.ph/TthE4 https://archive.ph/TthE4 Great quote by the way: Okay okay okay, fine, you are a private credit fund, you do not want to sell your loans to JPMorgan because that sets a bad precedent, I get it. But you are in the middle of the Pluralsight restructuring, you have already marked your loans down to 50, and JPMorgan lobs in an unsolicited bid to buy whatever you’ve got at 90? And you say no? Really? I would have been very tempted to call them back and say “hey guys, guess what, today is your lucky day.” I can only hope that somebody at JPMC spit out their coffee this morning for getting called out. But really, there are two ways you get people to stop obnoxious behavior like their solicitation: (1) they lose money or (2) lose face.