Even Dead Cats Bounce
Feb. 11th, 2024 03:39 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ceemageSame Ol’ Same Ol’ : The debt of a collapsed company is being traded on in a secondary market for cents on the dollar.
The New Weirdness: Because it’s a cryptocurrency company, the market’s view of the correct number of cents on the dollar may yet prove to be more than 100.
https://www.cnbc.com/2024/02/10/as-sam-bankman-fried-awaits-jail-ftx-customers-await-full-repayment.html
The New Weirdness: Because it’s a cryptocurrency company, the market’s view of the correct number of cents on the dollar may yet prove to be more than 100.
https://www.cnbc.com/2024/02/10/as-sam-bankman-fried-awaits-jail-ftx-customers-await-full-repayment.html
