/biz/ - Business & Finance

Anonymous Mon Jul 3 14:03:27 2023 No.55458242 [View]
File: 105 KB, 635x1376, ya8p0zuqvp7b1.jpg [View same] [iqdb] [saucenao] [google]

>>55456956
>for simplistic math let's say they own $1b of the bonds
>let's say they own 97% of the bonds but somehow there's enough supply freely available that it still trades for pennies on the dollar
>let's say they own all but $30m of the bonds even though Glenn says the ad hoc group has $140m of the bonds
Goddamnit I hold bbbyq too but why is everyone with me so fucking stupid? If they're not outright illiterate they still make stupid assumptions and then pile more assumptions on top of them. Fuck.

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