The Gates tactical divorce
submitted 2 years ago by jet199 from (imgur.com)
[–]thefirststone 6 insightful - 2 fun6 insightful - 1 fun7 insightful - 1 fun7 insightful - 2 fun - 2 years ago (1 child)
Always with the FUD about derivatives and swaps, never a hint that the poster understands risk. This reads like something CNN would write, especially the lack of connecting details.
For example, how can it not file a 13F? Where is the proof they have derivative-swap exposure, and what kind of exposure? Is Archegos a counterparty putting them at risk? (If so, that's a lot more isolated than it sounds, even if it's all big.)
It's an interesting theory, but the specifics don't work.
[–]ReeferMadness 5 insightful - 3 fun5 insightful - 2 fun6 insightful - 2 fun6 insightful - 3 fun - 2 years ago (0 children)
That they dont know the specifics does not mean they are wrong. There are many ways they could be using a divorce to protect assets by dividing the good assets and the bad. That way all the bad assets can not collect restitution from the good assets during a bankruptcy.
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[–]thefirststone 6 insightful - 2 fun6 insightful - 1 fun7 insightful - 1 fun7 insightful - 2 fun - (1 child)
[–]ReeferMadness 5 insightful - 3 fun5 insightful - 2 fun6 insightful - 2 fun6 insightful - 3 fun - (0 children)