Posts by jciv@home.social
(DIR) Post #AR9ZTYVReD8D2qXfk0 by jciv@home.social
2022-12-31T03:38:17Z
0 likes, 1 repeats
"Elon Musk has now achieved a first of his own: becoming the only person in history to erase $200 billion from their net worth."https://www.bloomberg.com/news/articles/2022-12-30/elon-musk-becomes-first-person-ever-to-lose-200-billion
(DIR) Post #ARMaCTPJyeHbJkZjCy by jciv@home.social
2023-01-06T01:51:43Z
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"Celsius’s terms of use — the lengthy contracts that many websites publish but few consumers read — meant 'the cryptocurrency assets became Celsius’s property.'” -- WaPo on bankruptcy court ruling that those who deposited crypto with Celsius are creditors, not owners of the deposited crypto (1/5/23)With crypto, who needs trust?
(DIR) Post #ARTuLJgkV6212f8mOW by jciv@home.social
2023-01-09T20:36:55Z
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Musk can't win for losing -- Chinese customers protest Tesla price cuts as driving down value of cars they already purchasedhttps://www.ft.com/content/dc1093f3-fbcb-41a6-bc6b-efd21bb303e3
(DIR) Post #ATbpIzEzNKqYPUzEtU by jciv@home.social
2023-03-14T14:32:51Z
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@kairyssdal Weird mix of assets and franchises, falling knife valuation risks, bad memories for the would-be opportunistic buyers from 2008 (who “bought” years of complex litigation), and for many buyers, restrictions of Bank Holding Comoany Act to buy full operation.