• Elon Musk’s Twitter acquisition ended up being the worst financing deal for banks since 2008, the WSJ said.
  • The $13 billion in loans Musk took out have been stuck on banks’ balance sheets.
  • The loans have cut into pay for bankers and lenders’ ability to finance other deals, the Journal reported.
  • @trolololol
    link
    23 months ago

    “CEO is smart because he tried to look for profit in multiple quarters at the same time” would make a great headline at Forbes