"Banks face significant losses"
Underwriters of Twitter buyout desperate to sell high-risk loans onto credit investors
"Significant discounts demanded by investors would result in losses that could easily top $US1 billion"
I bet Musk was told to step down
#JohnMastodon #Mastodon #elonmusk #Elon #twitterexodus
https://www.afr.com/markets/equity-markets/musk-seeks-to-sell-shares-as-twitter-bleeds-cash-20221218-p5c78e