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Good luck trying to get a bank to underwrite that loan, smells a bit risky.



"Nice bank you've got there. Would be a shame if ________" (Insert any number of orders that Musk can have his friends in the executive branch issue to make life miserable for the bank principals.)

It's good to be the king. Even better to own him.


That makes me think of Jakob Fugger. He was so rich the pope borrowed money from him to build St. Peter's Basilica. And they got so desperate to pay it back they started selling indulgences, pissing off one Martin Luther and creating Protestantism: https://theconversation.com/the-man-who-gave-us-the-reformat...


And that makes me think of the Knights Templar. They were so rich that everybody borrowed money from them. The one day, the King of France decided he didn't want to repay the loan. The story doesn't end well for the Templars.


Case in point: https://apnews.com/article/trump-law-firm-mueller-fc64fcda09...

> A prominent international law firm reached a deal with President Donald Trump on Friday to dedicate at least $100 million in free legal services and to review its hiring practices, averting a punishing executive order like the ones directed at nearly a half-dozen other major legal institutions in recent weeks.

This isn't theoretical. It's happening.


Wow, I thought the sum was $40 million, but that's what the other law firm paid that showed a lack of principles and caved...

And another law firm is being blackmailed because it used to employ someone who worked for Robert Mueller (of the Trump-Russia collusion investigation)... Geez Trump's team is actually busy, but busy settling old scores.


They’re busy making sure the firms with the money and bench to try to fight the authoritarian take-over in court are all sidelined.


Exactly, that was the case I had in mind.


Then he buys the bank. DOGE is in the SEC now. Elon Musk is the regulator. If he decides that a bank is doing “fraud” and wants to shut it down, is there anyone to stop him? Serious question.


You realize the current administration is shutting down law firms that criticize Trump, right? They'll have zero problems going "do this deal if you know what's good for you".




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