this post was submitted on 19 Jun 2026
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[–] Blue_Morpho@lemmy.world 10 points 7 hours ago* (last edited 7 hours ago) (3 children)

He gets to borrow against the shares as if he has that trillion in cash.

[–] neukenindekeuken@sh.itjust.works 2 points 26 minutes ago

I wonder what his will looks like. Who gets to keep it all if he ODs on Ketamine.

[–] Kazumara@discuss.tchncs.de 4 points 6 hours ago

Yeah sure I also think that he is a trillionare at the moment. I was just trying to show that it's absurd to say he has the money even if the stock price falls because he's already liquidated it.

[–] SaveTheTuaHawk@lemmy.ca 1 points 4 hours ago (1 children)

What moron bank would lend against no actual collateral.

[–] stringere@sh.itjust.works 8 points 2 hours ago

Almost all of them. That's how the Epstein class fund their lifestyles, they borrow against their stocks. This is why the Epstein class always want low interest rates; it is not about mortgages, at least not the kind where someone is homeless because they missed a payment.

https://taxproject.org/carried-interest/