What do 'we' know about Apollo Global Management Inc.?
They negotiated a 10.25% interest rate on the 1.6 billion dollars worth of bonds they are acquiring from Carvana. Carvana is still seeking someone to purchase the other half of their 3.275 billion dollars of open bonds.
I'm sorry, I'm a little short this week. And although the interest rate sounds nice... I have some other plans.
A lot of people have lost a lot of money. Oversimplification. But very real losses.
Meanwhile we have a billionaire who was lining his pockets the whole way through.
Has he continued to court investors it appears he knew the downside was inevitable.
Why don't people pay attention?! Because we want to believe?
For all of the mystery surrounding them, #Investors are seemingly so easy to persuade.
Perhaps they want to invest in my company. I can tell you this… they're not going to lose their money or their unknowing clients' nest eggs...anything and they might make a lot of money.
This just smells so fishy.
Yes, that's my technical my technical Wall Street jargon.
Straight Talk only here.
No smoke, no mirrors mirrors.
I wake up thinking about how to make my customer's lives better and more profitable… I'm here to make money for my clients, not to take it.
Thoughts out there?
We had some good conversation going yesterday.
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