"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

Musk seeks to sell shares as Twitter bleeds cash

Investors have been approached to purchase stock at the $US54.20 buyout price as the billionaire searches for new funds.

Australian Financial Review
@1earthmedia people believing in anything Clyde says do not deserve better. He is not like our John. Our John would sell his kidney just to keep our instances running. He is a good guy, our #JohnMastondon