As a former restructuring and bankruptcy advisor at Lazard, I can recognize the signs of a company in distress. And it’s a pretty obvious tell that there’s financial trouble brewing when a company stops paying its bills.

We can only hope 🙏

  • Givesomefucks@reddthat.comEnglish
    1·
    1 year ago

    Also, people like him care about the high score.

    Losing 50% of his wealth wouldn’t change his lifestyle. But it would destroy his ego and make him keep making rasher decisions until it’s all gone.

    He’ll keep taking risks he doesn’t need to, and since he’s leveraging against other holdings, it becomes a house of cards situation real quick.