▲ | Aurornis 4 days ago | |
Yes, but you’ve also incurred a $90 expense in purchasing the stock of Company B and that stock is on the balance sheet. In the actual shady version of this, Company B isn’t the hottest AI investment around, it’s a shell company created by your brother’s cousin that isn’t actually worth what you’re claiming on the balance sheet because it was only created for the round tripping shell game. | ||
▲ | 4 days ago | parent | next [-] | |
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▲ | mxschumacher 3 days ago | parent | prev [-] | |
that's what Carvana is doing with the car loans it securitizes : https://hindenburgresearch.com/carvana/ |