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2024-08-20 20:53:02

David Ho on Nostr: "Thanks chiefly to the legacy Twitter LBO debt, Barclays senior M&A team were ...

"Thanks chiefly to the legacy Twitter LBO debt, Barclays senior M&A team were informed last year their annual compensation would shrink by 40% over the previous year. The cut was so severe that almost a quarter of the bank’s 200-plus managing directors quit once they had collected it."

https://fortune.com/2024/08/20/elon-musk-tesla-twitter-leveraged-buyout-debt-banks-barclays/
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