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6min chapter
Lending Elon Musk Money Was A Very Bad Bet
The Journal.
Banking on Musk: A Risky Loan Gamble
This chapter explores the financial fallout for banks after a failed $13 billion loan transaction, leading to substantial losses and staffing cuts. It highlights the complex dynamics between the banks and Elon Musk, revealing how their hopes for profit turned into regulatory scrutiny and concerns over risk management.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode