I’m a little confused by this comment, Twitter isn’t a publicly traded stock anymore?
Unless you mean he made deals with them before he BOUGHT twitter (for well beyond market value), meaning the hedgies would be taking a loss…?f
edit: that doesn’t preclude the possibility he’s tanking the company so he can declare bankruptcy to get out of his loans, but that doesn’t involve conspiring with hedge funds, it’s just a different kind of financial fraud
I’m a little confused by this comment, Twitter isn’t a publicly traded stock anymore?
Unless you mean he made deals with them before he BOUGHT twitter (for well beyond market value), meaning the hedgies would be taking a loss…?f
edit: that doesn’t preclude the possibility he’s tanking the company so he can declare bankruptcy to get out of his loans, but that doesn’t involve conspiring with hedge funds, it’s just a different kind of financial fraud