Attitudes towards borrowing appear to be changing, with people becoming more willing to borrow
against assets later in life.
Not exact matches
Until, of course, you remember the culture - induced myopia I described yesterday: Myerson still has the Ballmer-esque presumption that Microsoft controlled its own destiny and could have leveraged its
assets (like Office) to win the smartphone market, ignoring that by virtue of being
late Windows Phone was a product competing
against ecosystems, which meant no consumer demand, which meant no developers, topped off by the arrogance to dictate to OEMs and carriers what they could and could not do to the phone, destroying any chance at leveraging distribution to get critical mass...
Against Middlesbrough, Arsenal missed the option of having a big target man up front, and just a week
later, the Frenchman showed why he remains a valuable
asset to the club.
He expresses skepticism for private equity before Blackstone comes public, suggesting that all they do is borrow money
against the
assets of the target companies, and then foist them on the retail public
later.
His failure to disclose this
asset in his bankruptcy schedules, as mandated by the Code, led a grand jury three years
later to return a six - count indictment
against him that eventually resulted in a bankruptcy fraud conviction and a 27 month jail sentence.
SALT, which ran an ICO
late last year, is advised by Shapeshift founder Erik Voorhees, and it offers fiat loans
against crypto
assets.
Until, of course, you remember the culture - induced myopia I described yesterday: Myerson still has the Ballmer-esque presumption that Microsoft controlled its own destiny and could have leveraged its
assets (like Office) to win the smartphone market, ignoring that by virtue of being
late Windows Phone was a product competing
against ecosystems, which meant no consumer demand, which meant no developers, topped off by the arrogance to dictate to OEMs and carriers what they could and could not do to the phone, destroying any chance at leveraging distribution to get critical mass...