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Banks face losses on loans to Musk to buy Twitter. (Well d'uh)

Banks face losses on loans to Musk to buy Twitter.           (Well d'uh)

Reuters citing 3 unnamed sources familiar.

  • Some of the banks that lent Elon Musk $13 billion to buy Twitter are preparing to book losses on the loans this quarter
  • Banks typically sell such loans to investors at the time of the deal. But... Read More
Posted: Dec 14 2022, 00:20
Author Name: forexlive
Views: 110844

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