EA bought out by Saudis, PE

4,669 Views | 87 Replies | Last: 2 mo ago by Fireman
500,000ags
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AG
Diplomacy when your FIL is the US President, with an extensive SA relationship and governs from a bully pulpit, is not impossible, not easy, but not impossible.

Jared doing essentially the job of Silver Lake (the true US consortium component) and JP Morgan (the true structuring and advisory component) which is how you are using "broker" is impossible. Flat out impossible.
Yukon Cornelius
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That's a shame. Don't like that guy.
I bleed maroon
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In defense of my guy Yukon, this EA deal, while slimy, is far less demonstrative of cronyism and corruption than either Trump Coin or Truth Social. Both of those were not only unethical, but potentially violated a lot of securities laws - wonder why the SEC isn't investigating them?

Yukon - I know you're a crypto fan - can you explain how Trump's crypto actions making his family billions aren't blatant corruption?
Yukon Cornelius
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In regards to Trump coin. I don't actually know much about it. My understanding is Eric Trump did it. Leveraging obviously the family name. I'm not sure how much money he made off it. Some say their position is worth XYZ but there's really not enough liquidity to garner that much if they started selling. I thought the coin was an absolutely terrible idea but not sure it constitutes fraud. I'm open to be shown any impropriety with it.

I'm not on social media so don't know anything about truth social. What was wrong there?
500,000ags
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POTUS starts a social media company and, even worse, takes it public. Stock ticker is literally DJT. Your response is "I'll have to research."

POTUS' family starts a crypto coin while having considerable ownership. "Thats his son though."

POTUS' family getting points in the largest LBO ever. "Thats his SIL and I don't like the guy."
Yukon Cornelius
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Starting a social media company and taking it public is wrong? Correct me if I'm wrong but didn't truth have a lot of PE capital? Their payout is going public no? What's fraudulent there?
500,000ags
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I'm not sure which planet you are from at this point. Elected officials giving up control of their assets was decorum, so their potential motives wouldn't be outright nefarious. Starting companies, launching digital assets, and helping foreign companies buy US companies while in office is no good. For real, are you like 20 or something? Many on this board seem to know you as a poster.
500,000ags
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Slimy = cronyism, I cannot believe this is up for debate. If Clinton's daughter started a PE firm while Hillary was SoS, and she was a name-only part of the largest LBO ever benefiting a Ukrainian PIF, the cataclysm on Fox News would rightfully be remembered forever.
Yukon Cornelius
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If I'm not mistaken, correct me if I'm wrong, but Trump stepped down from Trump organization and it's ran by his kids.

Truth was started and went public when he was out of office correct? Is he still involved in it other than being a share holder?
500,000ags
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You ask questions like a toddler. Allow me to do the same.

Would Truth Social be launched and worth anything if he were not previously and currently President?

Would his son have a coin to manage if his dad were not previously President?

Back to this topic, would Jared manage any Saudi money if his FIL had not been President? Would he be included in this LBO if his FIL was not currently President? The answer is no and no.
Proposition Joe
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This is like EA's The Sims where you put two people in a room and remove the door.
Yukon Cornelius
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Not sure why you can't have a conversation without trying to insult me. You are saying theres impropriety with Truth social. I'm asking what it is. Your answer to my question is an insult and another hypothetical question. Neither are direct answers which you should be able to provide if your position was correct. I legitimately don't know if there any wrong doing with launching truth or not. You mentioned something about what's decorum but as I understand it truth was launched and went public when he was out of office. I don't think you are willing to have a good faith discussion. Best of luck to you in all your investments.
TxAg20
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500,000ags said:

Diplomacy when your FIL is the US President, with an extensive SA relationship and governs from a bully pulpit, is not impossible, not easy, but not impossible.

Jared doing essentially the job of Silver Lake (the true US consortium component) and JP Morgan (the true structuring and advisory component) which is how you are using "broker" is impossible. Flat out impossible.


If you want to clear CFIUS easily and efficiently, you hire the "broker" that can text the POTUS when a GS-12 starts asking questions holding up your transaction.
500,000ags
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jArEd WouLD nEverrrrrr!!! Thank gawd he is so far removed from POTUS. I bet they like never speak.
Troy91
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Proposition Joe said:

This is like EA's The Sims where you put two people in a room and remove the door.

And, much like the Sims, the game never ends.
Thunderstruck xx
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I think y'all are all missing the point. Are EA games going to suck harder now?
halfastros81
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No reasonable person thinks Hunter's finger paintings were worth that kind of $ and there was clearly more for sale than the painting . That I believe is the difference.
Fireman
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"It's In the Game"
 
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