Monday, August 07, 2023 10:41:56 PM
these two entities did not bring the world to its knees that's a false narrative and completel unsubstantiated lie. yet its repeated and dumb people believe it becuase its repeated often enough by people who should be smart enough to know its 100% wrong.
fact is ... these two entities never had negative cash flow from operations. its losses were attributable to cookie jar (fraudulent) accounting trickeration and once the scheme didn't materialize they reveresed the excess reserves and whammo .. profitability...
Fact is their credit losses were far more manageable than purported to be.
lies.. all dadgum lies...
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