this post was submitted on 09 Jan 2025
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[–] Carighan@lemmy.world 11 points 6 hours ago (1 children)

I find it fascinating that they're supposedly going bankrupt.

Aren't they... big? Don't they have tons of assets? Shouldn't they be, still, sitting on a pile of cash?

Big assets also means Big liabilities.

1bn of short term and 2bn of long term debt.