Banks Seek Twitter Debt Recovery
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•US Politics
US Politics
Wall Street hopes to get rid of a bad Elon Musk bet

82% Informative
Wall Street banks hoping to recover from bad bets they made on Elon Musk’s Twitter buyout.
Banks fronted $13 billion in financing when Musk bought Twitter in October 2022 for $44 billion .
But those loans lost value as the social media platform now known as X struggled, and the banks weren’t able to get them off their books without taking significant losses.
VR Score
86
Informative language
86
Neutral language
50
Article tone
formal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
2
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