Lending Elon Musk Money Was A Very Bad Bet

This podcast episode dissects the turmoil that banks encountered following Elon Musk's controversial acquisition of Twitter, revealing their struggle to manage substantial debt that resulted from this risky investment. The analysis highlights the banks' misguided reliance on Musk's business acumen, which failed to yield anticipated banking opportunities and led to immense financial losses. As they grappled with the fallout, the implications for their staff and investor confidence became evident, raising critical questions about risk evaluation and the ramifications of relying on such a volatile figure in the corporate world.