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A comment on Musk’s Twitter Purchase Was a Leveraged Buyout. Parent comment

Re:Musk’s Twitter Purchase Was a Leveraged Buyout by mikewarot on Friday November 04, 2022 @05:20PM (#33473930)
Who is stupid enough to make these loans? How can they not see they won't get their money back?

It's a tax thing/way to move money, isn't it?

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Re:Musk’s Twitter Purchase Was a Leveraged Buyout by rufus_foreman on Friday November 04, 2022 @06:18PM (#33474690)
They just write it off.
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Re:Musk’s Twitter Purchase Was a Leveraged Buyout by edgefield on Friday November 04, 2022 @07:32PM (#33475606)
I’m betting they collateralize the debt, selling all or a portion it off to reduce exposure.
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Re:Musk’s Twitter Purchase Was a Leveraged Buyout by bagels on Tuesday November 08, 2022 @04:12AM (#33517370)
Well, they could have required Tesla or SpaceX as collateral.
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