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1 minute ago, Paul852 said:

Lesson for today: As long as the people who are committing the crime really can't take down the entire government, it's really not that big of a deal. Not even worth mentioning.

DCoTPĀ :roll:

There's a thread for that somewhere.

Lesson for today: less than a dozen people have been charged with sedition, and it's insanely obvious to anyone outside the cult that the vast majority of the people there had no intention of overthrowing the federal government. DCotP.

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5 minutes ago, Paul852 said:

Lesson for today: As long as the people who are committing the crime really can't take down the entire government, it's really not that big of a deal. Not even worth mentioning.

DCoTPĀ :roll:

There's a thread for that somewhere.

Strawman position, any dolt who assaulted anyone on Jan 6th or damaged poroperty should pay for their crimes. There we agree. No, lets be real. Our Democracy was not in danger from those dolts.Ā 

Now lets acknowledge how our democracy was in danger from Disinformation of russian collusion and Hunters Laptop?Ā 

4 minutes ago, Dave Moss said:


ah yes, the poor innocent people who pledĀ guilty to multiple felonies

They Should go to jail.Ā  LMFAO at you for thinking I would argue against that.Ā 

Just now, Ipiggles said:

Ā 

Now lets acknowledge how our democracy was in danger from Donald Trump

Agreed!

1 minute ago, Kz! said:

Lesson for today: less than a dozen people have been charged with sedition, and it's insanely obvious to anyone outside the cult that the vast majority of the people there had no intention of overthrowing the federal government. DCotP.

They cant acknowledge this, itĀ  is not what CNN or the left politicians told them.Ā 

Just now, Paul852 said:

Agreed!

See.. cant do it. It's why I have zero respect for you.Ā 

we are done here.Ā 

It's been confirmed through court records that there were at least 20 federal informants and agents at the capitol that day... more than the entire number of people charged with sedition. :lol:Ā 

1 minute ago, Ipiggles said:

Ā 

See.. cant do it. It's why I have zero respect for you.Ā 

we are done here.Ā 

:sad: No please.....don't go

Quote

Ā 

Musk’s $21 Billion Mystery: Where’s the Cash for Twitter? (2)
2022-04-26 13:48:07.599 GMT


By Tom Maloney
(Bloomberg) -- Elon Musk and Twitter Inc.reached an
agreement for the world’s richest man to buy the social
networking platform for $44 billion, resolving the pressing
question of whether the company’s board would consent to the
leveraged buyout deal.
On Musk’s side, though, there remains a mystery: How is he
going to cover the $21 billion equity portion of the transaction
that he’s personally guaranteed?
Musk, 50, has outlined the $13 billion in bank financing
secured by the social-media company and the $12.5 billion backed
by a pledge of some of his $170 billion Tesla Inc. stake. But
he’s been short on details about how he’ll fund the remainder.
Twitter closed Monday at $51.70, short of the $54.20 that
investors will receive for each share they own, and fell 2% to
$50.64 at 9:44 a.m. in New York on Tuesday. The deal includes a
provision that the billionaire must pay a so-called reverse
break-up fee if he were to walk away or the agreement falls
apart, Bloomberg News reported.
*T
================================================================
Read more about Musk’s Twitter Purchase
================================================================
Musk Seals $44 Billion Deal Even He Wasn’t Sure Would
SucceedTwitter Takeover Was Brash and Fast, With Musk Calling
the ShotsJeff Bezos Takes Aim at Musk’s Twitter Deal With China
JibeWill Jack Dorsey Have a Place at Musk’s Twitter?Banks on
Twitter Deal Extend Debt Commitments to One YearJack Dorsey
Wants Elon Musk In, Wall Street Out at Twitter
*T
Ultimately, there’s little doubt he can come up with the
money. Musk is the world’s richest person, with a fortune of
$257 billion, according to the Bloomberg Billionaires Index.
However, he has just about $3 billion in cash and somewhat
liquid assets, according to Bloomberg estimates.
That leaves him with the following options:

Other Investors

One path for Musk is finding like-minded investors who buy
into his vision for Twitter to join him in his purchase. That
would mean some of the equity portion comes from new or existing
shareholders.
He’s already hinted that such a strategy may be in the
cards. After his initial offer to buy Twitter, Musk said at a
TED event that "the intent is to retain as many shareholders as
is allowed by the law.ā€Ā 
Private U.S. companies are generally limited to fewer than
2,000 shareholders, meaning most retail investors won’t continue
to own Twitter if the buyout closes.Ā 
But larger shareholders, like Twitter founder Jack Dorsey,
might choose to keep their holdings in the company if they
believe in Musk’s vision. Dorsey’s stake is worth almost $1
billion. Bloomberg News reported Monday that Musk is lining up
equity partners and continuing talks with other potential co-
investors.
On the other hand, Musk’s statement at the TED event that
he "doesn’t care about the economicsā€ could scare off some
potential investors.

Selling Stakes

Even if Musk can’t round up many other equity investors, he
has the financial firepower to go at it mostly alone, thanks to
the crown jewel of his enormous fortune: His stake in Tesla.
After pledging shares to cover his $12.5 billion margin
loan, Musk will still own unpledged shares in the car company
worth about $21.6 billion, based on Tesla’s closing price
Monday. After taxes, that sale would come close to covering his
full commitment, though a lot will depend on the price he gets
for the stock.
That strategy comes with its own set of risks. For one,
concerns about Musk needing to sell some of his shares may
already be weighing on the electric carmaker’s stock price. It’s
down about 8% since the beginning of the month.Ā 
Selling his stakes in his private companies, SpaceX and The
Boring Company, is possible, but unlikely, because they’re so
much less liquid.

Cash, Crypto

The other possibility: Musk is even richer than calculated
by the Bloomberg Billionaires Index.Ā 
Musk’s cash estimate is based on filings related to
publicly traded shares and news reports, but much of the
information on his private finances is limited. If his portfolio
of investments has outperformed the market, for instance, Musk
could be wealthier than the Bloomberg estimate and he might not
need new sources of funding to cover the $21 billion.Ā 
Musk said in July he owned Bitcoin, Ether and Dogecoin.
While it’s not clear how much he holds or for how long he’s
owned them, the first two cryptocurrencies have gained about
720% and 2,600%, respectively, since March 2020, a much steeper
rally than the roughly 90% advance in the S&P 500 Index.
Dogecoin, meanwhile, surged almost 30% on Monday after Musk
agreed to buy Twitter.

To contact the reporter on this story:
Tom Maloney in New York at tmaloney38@bloomberg.net
To contact the editors responsible for this story:
Pierre Paulden at ppaulden@bloomberg.net
Brian Chappatta

Ā 

To view this story in Bloomberg click here:
https://blinks.bloomberg.com/news/stories/RAY8TNDWX2PS

Ā 

Ā 

Just now, Paul852 said:

:sad: No please.....don't go

Your level of insanity exceeds the limits of my patience and medication. It's exactly why I usually dont bother to discuss things with the cult.Ā 

Just now, Ipiggles said:

Your level of insanity exceeds the limits of my patience and medication. It's exactly why I usually dont bother to discuss things with the cult.Ā 

Just take more of it.

14 minutes ago, Ipiggles said:

The most serious threat from the right was Trump himself

At least you can admit that much.

25 minutes ago, Dave Moss said:

Hang out with Mike Pence!

Hang out with Mike Pence!

Ā 

uh-no-boo-urns.gif.9a73b1fbe1d1c0b4a60a8623b0f3c6a1.gif

14 minutes ago, Ipiggles said:

Ā 

They Should go to jail.Ā  LMFAO at you for thinking I would argue against that.Ā 

I have no idea what you are arguing. You’re even more obstinate than Kz.

:lol:Ā Must hide the algorithm!Ā 

I know what you all are thinking, and, yes, the dumbest cult on the planet is, indeed, getting dumber. :lol:Ā :roll:Ā 

3 minutes ago, Kz! said:

I know what you all are thinking, and, yes, the dubest cult on the planet is, indeed, getting dumber. :lol:Ā :roll:Ā 

:roll:

8 minutes ago, Paul852 said:

:roll:

capt grammar's Oof moment aside, he's right about sonny hostin.Ā 

Ā 

Just now, Alpha_TATEr said:

capt grammar's Oof moment aside, he's right about sonny hostin.Ā 

Ā 

If it wasn't for kz I wouldn't have been aware of anything said on "The View"

1 minute ago, Paul852 said:

If it wasn't for kz I wouldn't have been aware of anything said on "The View"

i had to google her name.Ā 

Straight white men need a hang out spot

3 minutes ago, Dave Moss said:

Straight white men need a hang out spot

your house then ?Ā 

20 minutes ago, Paul852 said:

:roll:

It's French, moron.Ā 

1 hour ago, vikas83 said:

Ā 

This is the real story. Where does he get the cash to close the deal? What is Musk's vision for Twitter's future? And who joins along with him for the ride?

I really haven't followed the story, other than reading headlines. What's the general desire among 'the public', that the new Twitter apply the same current standards of banning and censoring to everyone regardless of political leanings, or that the current standards be taken down and everyone be allowed to speak their minds regardless of political leanings?

:roll:Ā 

1 minute ago, VaBeach_Eagle said:

I really haven't followed the story, other than reading headlines. What's the general desire among 'the public', that the new Twitter apply the same current standards of banning and censoring to everyone regardless of political leanings, or that the current standards be taken down and everyone be allowed to speak their minds regardless of political leanings?

This.Ā 

5 minutes ago, VaBeach_Eagle said:

I really haven't followed the story, other than reading headlines. What's the general desire among 'the public', that the new Twitter apply the same current standards of banning and censoring to everyone regardless of political leanings, or that the current standards be taken down and everyone be allowed to speak their minds regardless of political leanings?

Hopefully they just burn the place down.

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