Bloodbath at Oracle?
| Gregory Bovino | 01/27/26 | | Fucking Fuckface | 01/27/26 | | Gregory Bovino | 01/27/26 | | Gregory Bovino | 01/27/26 | | Yummy Phase Pol Pot | 01/27/26 | | OYT and the Indie Reprieve | 01/27/26 | | henpecked conservadork wifeguy girldad | 01/27/26 | | henpecked conservadork wifeguy girldad | 01/27/26 |
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Date: January 27th, 2026 12:28 AM Author: Gregory Bovino
Oh fuck what does this sound like?
Initial players in large syndication deals often seek to sell off portions of their loan commitments to other players, including other banks and institutional investors.
But the sale of these positions, which is done to reap quick profits and lower exposure, has become trickier in the case of Stargate.
Two bankers and a financing executive who are familiar with the syndication market said that the rising perception of risk around Stargate meant that lenders now wanted higher yields to lend to it. That has placed recent Stargate syndicators in a position where they can no longer profitably sell off debt that was arranged at tighter spreads just a few months ago.
(http://www.autoadmit.com/thread.php?thread_id=5827217&forum_id=2most#49622636) |
Date: January 27th, 2026 10:04 AM Author: Yummy Phase Pol Pot
Just a chill $500 BILLION IN CASH needed to build out the "Stargate" data centers. That's 10x what OpenAI is seeking in its latest funding round (reportedly.) All for something with no path to profitability.
The same goes for "Data Centers in Space." The energy publication Doomberg had an amazing write-up about the insane futility of the idea.
At this point I believe that everything is in service of perpetuating the debt bubble. It is completely insane.
(http://www.autoadmit.com/thread.php?thread_id=5827217&forum_id=2most#49623008)
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