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Chris DeMuth's State of the Markets October 2022 (with a large TWTR focus!)

Yet Another Value Podcast

CHAPTER

The Banks Are Ready to Fund This Deal

The banks were going to make money on hedges every which way but for them it was, hey, you have a contract that you signed. If you don't fulfill this contract you're probably going to get forced by a courts of fulfill it and you're going to destroy your reputation along the way. It just seemed to me from their standpoint and made all the sense in the world to fund. And guess what Morgan Stanley basically said yes we're ready to fund this so I think financing that kind of sells that up. What about in the insolvency out? Yeah, it would be novel. He could do it so I would never say like oh he would he would never he would

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