So we're just making shit up now?
this post was submitted on 28 Mar 2025
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He can't even justify to himself that Twitter is worth the $44 billion he (and investors) paid for it.
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(3 replies)
So… fraud.
Neither of those valuations are supported by reality.
Musk stated the merger will combine AI expertise with X’s broad reach.
Ah yes, the famous combining two losing strategies, so they can lose money twice as efficiently.
Tilted.
oh cool, I just bought my own student loans and it says here that the federal government now owes me triple back what I've paid plus interest, isn't that something?!
How is this even legal. Fuck
Hmm...
Manipulating stocks between companies you own for fun and profit...
Sounds pretty Ferengi to me.
And no accountings shall be held...
🙄 🤡 🤦♀️ 🖕
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why does this feel like a twitter bailout. so he gets to shuffle the financial deck of these 2 so twitter isnt a complete failure monetarily?
yes, he uses the hype investor cash that poured into the ai boondogle to cover his insane twitter purchase and literally bail himself out of his stupidity
How do i do that with a mortgage?
That depends, do you have the "rich" status condition?
You need another property. Work a shady deal with a bank to massively overvalue that property. Borrow against that equity.
"Well what do I do with an overvalued loan on my other property now?" I hear you ask. Simple! Have another another property. Work a shady deal to massively overvalue...
Gotcha. Ok, please recommend a shady bank that is interested in sketchiness at my level
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A true dream come true! Just what everyone has been begging to happen.
I was also today years old when I read a headline about DOGE heading into the SEC.
Weird.
Two companies no one wanted now one company no one wants.
Company worthless? Sell it to yourself for a ludicrous cost to increase your market value!
You mad, wage slaves?
Then immediately borrow real money against the paper value of your new merger company. Pocket a few billion and use some to bribe the feds to not audit you.
It's crime all the way down.
No need for a bribe. Just fire all the financial investigators.
