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The Throbber and creepy should be in charge of structuring this bailout
Apparently, the stimulus checks to individuals phase out at income level of $75K. Which means we're all going to pay for this thing over time - but clearly middle- and upper-income level folks are funding the deal.
Consequently, if the gubmint gave a FUCK about those footing the bill, they would issue investment units or shares in this massive equity fund that is bankrolling the whole deal. In the event this shitshow actually works, then the holders of investment units should receive dividend checks or a liquidity event to get a return on their investment.
Instead, the Fed/gubmint is using OPM and keeping all the returns. That is one fucked up private placement, let me tell you.
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Essentially, you're getting fucked out of your money and the gubmint gets all the upside down the road. Just like the 2008 bailout.
That we? paid for.
Really, what else is there that matters? Watches? Christ. (No offense @Swaye and @YellowSnow )
In the trade, it’s called dilution.
No downround provisions for the folks paying for the financings.
@creepycoug and the Throbber would have protected their client.
The most effective way to keep your money