Yesterday I wrote about Der Trumpf holding the world record for bankrupting companies, including being the only person on the face of the planet to crater three casinos. Today, lets give Elon “King Twat” Musk his due. It would seem that his takeover of Twitter has proved so disastrous that it's resulted in the worst merger-finance deal for banks since the 2008 to 2009 financial crisis, Typically, banks that lend money for takeovers try to quickly sell the debt to other investors so they can get it off their balance sheets. But things haven't worked out that way for Morgan Stanley, Bank of America, Barclays, and the four other large banks that collectively lent Musk $13 billion for his buyout of Twitter in 2022. That's because Twitter's financials have performed so poorly that they haven't been able to find anyone willing to buy the debt, leaving them with some of the worst "hung" loans — meaning they can't be offloaded — of all time. Here’s a suggestion... Maybe they could get Der Trumpf to to buy the debt...What’s a few billion more?
Der Trumpf will get Mexico to buy it!