Elons lenders are starting to ask where the money is
‘The banks, led by Morgan Stanley, have been left in the uncomfortable position of holding the debt on their own balance sheets and are hoping the meeting with Yaccarino will yield a plan that could help them sell it on to other investors.
Late last year the banks received offers to buy some of the senior debt - which accounted for $6.7bn of the $12.7bn total - at just 65 cents on the dollar.
Had the banks agreed to the terms, they would have incurred aggregate losses far in excess of $1bn, an amount the banks have been unwilling to stomach’
So effictive immediately our largest online news source is no longer going to be posting on x
This was at the bottom of the article
Editor’s note: We’re increasingly concerned by the misinformation and bad behaviour happening over on X (Twitter). So we’ve left that cesspit to focus on stories and connections that make things better for Kiwis.
"I really enjoy sandwiches but the other guys are so good at making sandwiches that I don't make them. Now I make sandwiches."
Vitalogist wrote:I don’t use Twitter, but I’m curious to know from actual users… how has it changed since Musk took over?
Way more bots, crypto bros, conservative bros, skanks, and hate speech popping up in my timeline and on comments/replies. Otherwise, it's pretty similar.
Vitalogist wrote:I don’t use Twitter, but I’m curious to know from actual users… how has it changed since Musk took over?
Way more bots, crypto bros, conservative bros, skanks, and hate speech popping up in my timeline and on comments/replies. Otherwise, it's pretty similar.
Vitalogist wrote:I don’t use Twitter, but I’m curious to know from actual users… how has it changed since Musk took over?
I do find it quite amusing lately - that pretty much every ad that pops up comes with a community note saying that it's a scam or you can purchase the same product cheaper from elsewhere
"I really enjoy sandwiches but the other guys are so good at making sandwiches that I don't make them. Now I make sandwiches."