Wow, there have to be some investment banker of the year awards for whomever convinced him and Rockefeller to bail them out after it was blatantly obvious the entire market was on fire.
It's telling that when it happened again in 2007 the problem had grown so big that not even sucker billionaires could help, they had to be bailed out by the federal government. This time the sucker was the American people.
Re:Cash Squeeze at Tesla, SolarCity
by reality_czech on Thursday September 01, 2016 @03:36PM
(#12408225)
Elon Musk ends up slinging hamburgers and running a bowling alley to make ends meet? That would make a good headline.
https://en.wikipedia.org/wiki/William_C._Durant