Twitter Takeover Is Now the Worst Buyout for Banks 
Since the Financial Crisis 
Loans of around $13 billion have remained 'hung'
for nearly two years, bringing in interest payments but weighing on banks' balance sheets
https://old.reddit.com/r/news/comments/1ex0s24/elon_musks_twitter_takeover_is_now_the_worst/
Now playing: Bad Boss Boogie (DKC).mp3
Welcome to the Marsey News Network, the official news hole of rdrama! This is where you post anything that happened on the news. Politics, general news, good news, any new in any topic that doesn't have it's own hole from any source is welcome! However, if you post an unreliable source, it may be flaired appropriately. Wingcucks welcome and slapfights encouraged!
Rules:
1. Follow sitewide rules
2. Post News
3. Have Fun! Don't be boring.
4. No chudrama-tier content. Rightoid news sources are allowed, but anything that belongs in chudrama or could get the site deplatformed will be moved to chudrama.
5. @DarkDeity and
@Spiderman has the right to post whatever news they want in this hole
6. Be nice.
Jump in the discussion.
No email address required.
Can't read the article but I'm guessing this some
journ*list who sees loans made when rates were lower being discounted due to their lower interest rates and then extrapolating it's because X is a bad business.
Jump in the discussion.
No email address required.
Its more that Twitter was a terrible purchase that was massively overvalued. Twitter simply doesn't have the revenue to play back the loans. There's a reason Elon tried to back out.
Jump in the discussion.
No email address required.
More options
Context
More options
Context