sanitation@lemmy.today to Technology@lemmy.worldEnglish · 16 hours agoFive Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debtwww.yahoo.comexternal-linkmessage-square66fedilinkarrow-up1528arrow-down14
arrow-up1524arrow-down1external-linkFive Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debtwww.yahoo.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 16 hours agomessage-square66fedilink
minus-squareGerudo@lemmy.ziplinkfedilinkEnglisharrow-up10·15 hours agoI’m not a finance wiz but would that mean these 5 companies are carrying around 3 trillion total debt? My bank won’t even let me owe them 20 bucks without penalties.
minus-squareLost_My_Mind@lemmy.worldlinkfedilinkEnglisharrow-up8·14 hours agoIf you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem. I mean, that quote maybe needs to be updated for inflation, but you get the idea.
I’m not a finance wiz but would that mean these 5 companies are carrying around 3 trillion total debt? My bank won’t even let me owe them 20 bucks without penalties.
If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.
I mean, that quote maybe needs to be updated for inflation, but you get the idea.