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GopherGal

(2,010 posts)

8. The value of the stock as collateral seems dubious to me.

Reply to WarGamer (Reply #7)

Fri Mar 22, 2024, 07:57 PM

Mar 22

Everything I wrote about is a concern for any rational actor (including, say, a bonding company) trying to figure out how to be adequately compensated for the risk they would incur in putting up a bond for a man with a history of multiple bankruptcies as well as fraudulent inflation of asset values.

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9 replies

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Highlight:

If I were Leticia James, I'd be reluctant to place a lien on the Truth Social shares [View all] Sogo Mar 22 OP

Only here could a moron become owner of a company he has no clue what it is or how Eliot Rosewater Mar 22 #1

Trump doesn't care what kind of company it is. Irish_Dem Mar 22 #4

I'm a daily market options trader... WarGamer Mar 22 #2

This makes sense to me... GopherGal Mar 22 #6

100% correct WarGamer Mar 22 #7

The value of the stock as collateral seems dubious to me. GopherGal Mar 22 #8

I think anyone offering money for this... would want like $2B to cover 500m WarGamer Mar 22 #9

I don't think she'll accept those. I doubt anyone would accept those for bonding collateral, either. nt Gore1FL Mar 22 #3

Pretty sure she won't do that Raven123 Mar 22 #5