Financial Times @financialtimes.com · 28/03/2025The deal, which includes $12bn in debt, values X slightly above the $44bn price that Musk paid to take the company, then known as Twitter, private in October 2022 and comes after a $1bn fundraising round this month. www.ft.com/content/7419... 447622
Edgar C Gonzalez @edgarcgonzalez.bsky.social · 28/03/2025Let me see…You buy a company with your own company to justify its fake valuation with the complicity of immoral or cowed bankers who rubber stamp the deal in exchange for a fee. Who knows, maybe they are doing this for free. I’m taking notes. This is like going to the University of Fraud for free. 130
Edgar C Gonzalez @edgarcgonzalez.bsky.social · 28/03/2025My house is now worth $100M. I’m buying it from myself though an LLC I control, payable in 100 years. Appraiser and Bank say it’s ok. My net worth is now $100.01M. I am using to get a loan. 220
