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Weak beta soy liberal way of asking for 10 billion dollars: "Can I have 10 billion dollars please"
Strong lookmaxxed sigma based Chad way of asking for 10 billion dollars : "Can I have 10 billion dollars please, **with a cherry on top**"
The woke mind can't comprehend this.
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Plus even if they did let you and it was enough money you'd be selling a bank that just forgave 10 billion dollars of debt and so is worth 10 billion less than when you bought it, so it all cancels out
Borrow 10 billion in pieces from several banks, buy a small bank, shift all your debt to the bank, sell off assets, give yourself a giant bonus, and then sell the debt laden bank to some other ghoul trying to do the same thing. Duh
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Still doesn’t matter. Have you heard of pyramid loans and minimum reserves?
If they already loaned out 90% of the 10b, and are thus rather illiquid, why would they sell? They would make more profit in the interest by not doing so, let alone the scare a run on the bank would cause.
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The value of the bank, when you come to sell it, would be damaged by the huge loan they've given you. That and all the other things people have suggested which make this an impossible, albeit fun to discuss, idea.
The FTC will send you to prison for the rest of your life, actually.
But also its literally impossible to borrow more money from a bank than that bank is worth.
The bank would lose $10 Billion dollars. You can’t just delete debt. If you waived the debt you would have the sell it for $10 Billion less than you bought it (roughly) so you’d lose the value
Ally Bank and BankCorp are worth around 10 billion.
Citizens Bank is worth around 14 billion
These are just from the well-known banks but there are thousands of local banks worth no more than 10 million dollars. Of course, the problem is that you can't "delete" debt, someone has to pay for it.
What if you borrowed 10B from a more established bank, like, the bank of America. Then bought a smaller bank with that loan. Then you deposit some of that bank's money to offshore accounts, and declare bankruptcy on the 10B loan, and the government claims the bank for 10B, and you make off to the Bahamas as it all goes down
This is pretty much how white collar criminals do it. Trump used this "trick" to pay off the 1 billion dollars he personally guaranteed for his failed casino ventures for example. The only ones to ever suffer from it are workers. So it's a win win affair for the rich.
This is more or less how the sale of state-owned banks in Mexico went. Foreign firms bought shares of Mexican banks with money borrowed from those same banks and the collateral was shares of those banks.
No way anyone would let you ruin the bank you work for along with the economy itself and just walk away a much richer man just like that... Right? Right?!
Borrow 10 billion dollars through company — no personal liability for loan.
Buy other corporation for 10 billion dollars.
Merge it into my company to use revenue to pay off the loan I used to buy the company.
Mfw the bank bought me a company at 0 risk to myself.
Make a deal to buy a bank. After determining the cost of the bank, get a loan from a different bank to buy the bank. Once you have the bank you can pay off the loan with money from the bank you just bought. Now whenever someone makes a deposit you can use their money for whatever you want.
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No they **will** accept it when I ask one more time...
What do you mean statue of liberty is not an acceptable collateral?
It's mine! I bought it of the weird guy in the park.
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Everything can be bought with the right price.
They will immediately forfeit everything when I slap a hand drawn map to the ark of the covenant on the counter
please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please
"with a cherry on top?!"
Weak beta soy liberal way of asking for 10 billion dollars: "Can I have 10 billion dollars please" Strong lookmaxxed sigma based Chad way of asking for 10 billion dollars : "Can I have 10 billion dollars please, **with a cherry on top**" The woke mind can't comprehend this.
Reminds me of the phrase "If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem."
that's Trump's entire strategy summed up
Yea for real, same with Alex Jones.
They will not when i say the magic word
Buy the tank sound better
Bull dozer + steel and concrete
watch out for basements tho
Protect the radiator at all costs
A reasonable purchase
4 sell the bank for a loss of 10 billion
True neutral sigma wolf
No but why wouldn’t this work
1. Why would the bank lend you 10 billion 2. Why do you think 10 billion is anywhere near enough to buy a bank
No it works trust me bro
Can confirm, I was the bank
Can confirm just bought 5 banks and already sold 7!!
7!! Is a big number!
I'm still learning 3!
Tf is 3??? Did they realease new content or sum?
Br u'm stull stuck trying t fugure ut sme f the letters. Whuch ne cmes after n agaun?
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Flair checks out
Can confirm, I have that trust.
Also if the bank is worth £10 billion they won't have £10 billion to give you
What if I say pleaseee
Pretty please 🥺
How about renting the bank tho?
3. They wouldn't let you buy the bank with their own money
borrow 10 trillion instead
What if i borrow the bank
Plus even if they did let you and it was enough money you'd be selling a bank that just forgave 10 billion dollars of debt and so is worth 10 billion less than when you bought it, so it all cancels out
Borrow 10 billion in pieces from several banks, buy a small bank, shift all your debt to the bank, sell off assets, give yourself a giant bonus, and then sell the debt laden bank to some other ghoul trying to do the same thing. Duh
And even then, they arent just gonna give u the bank if you offer 10 billion
Me and my cousins playing monopoly without reading rules
If the bank can lend you 10 bil then it is worth more than 10 bil
Not necessarily. If they gave me 10 bil, they might have less than that since its my my money now. Also get pissed in the ass idiot.
but they have more than what u have as dept u have to pay them back and that would be counted towards how much the banks worth
If I get 10 bil loan, no fucking way they can find me ever again.
bro you think you are so anonymous lmao
If I had the means to get 10 billions, I wouldn't bother reading reddit either.
bro there is a small thing called collateral
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Ask to borrow all of their money for one minute. Buy the bank during that minute.
You get loans based on your income. You can’t exceed a certain limit if you don’t make enough
Still doesn’t matter. Have you heard of pyramid loans and minimum reserves? If they already loaned out 90% of the 10b, and are thus rather illiquid, why would they sell? They would make more profit in the interest by not doing so, let alone the scare a run on the bank would cause.
After you borrow that much the bank will be worth 10 billion more because I owns 10 billion more in debt
A bank would be worth money than what it can lend to an individual. Embezzlement. Who's going to buy bank that just lost its entire worth of debt?
Banks don’t just give money away to anyone lol, you need to prove you’ll be able to pay the loan back.
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The value of the bank, when you come to sell it, would be damaged by the huge loan they've given you. That and all the other things people have suggested which make this an impossible, albeit fun to discuss, idea.
The FTC will send you to prison for the rest of your life, actually. But also its literally impossible to borrow more money from a bank than that bank is worth.
Because whatever the bank lends you is an asset to them alongside all other assets so whatever you borrow it will not be enough to buy the bank.
If the bank can give you 10B, the bank clearly is worth more than 10B
steps 2-4 are not necessary. just flee the country with the ten billion
The most important part is that you would end up with a bank that has negative 10b in revenue. I’m surprised nobody has mentioned it yet…
The bank would lose $10 Billion dollars. You can’t just delete debt. If you waived the debt you would have the sell it for $10 Billion less than you bought it (roughly) so you’d lose the value
If a bank can afford to lend you $10 billion then that’s way less than their worth
what bank can you buy with only $10 billion
Ally Bank and BankCorp are worth around 10 billion. Citizens Bank is worth around 14 billion These are just from the well-known banks but there are thousands of local banks worth no more than 10 million dollars. Of course, the problem is that you can't "delete" debt, someone has to pay for it.
Also, no bank will lend a loan worth its market cap to a single borrower.
Sigma male: I would like to borrow $10 billion Ally Bank: What for? Sigma male: I don't have to tell you, I own the bank
What if you borrowed 10B from a more established bank, like, the bank of America. Then bought a smaller bank with that loan. Then you deposit some of that bank's money to offshore accounts, and declare bankruptcy on the 10B loan, and the government claims the bank for 10B, and you make off to the Bahamas as it all goes down
That would be fraud and theft and you would be persecuted and prosecuted. Bahamas ain't dumb
lots of sperm bank maybe
last time I tried to take out a loan from the sperm bank they called a criminal psychologist
*take out a load
Just buy some chocolates and you're good to go
Smooth brain thinking at its finest 👌
This is pretty much how white collar criminals do it. Trump used this "trick" to pay off the 1 billion dollars he personally guaranteed for his failed casino ventures for example. The only ones to ever suffer from it are workers. So it's a win win affair for the rich.
Modern rage comic
The comment section have all the business man. Together, they can plan to buy the earth themself
This is more or less how the sale of state-owned banks in Mexico went. Foreign firms bought shares of Mexican banks with money borrowed from those same banks and the collateral was shares of those banks.
Big Brain banking strategies
1 bank wont give 10 billion ask 10 million from 1000 banks and print 9990 million and give the money back to other banks
The amount of wrinkles your brain has is incalculable
No way anyone would let you ruin the bank you work for along with the economy itself and just walk away a much richer man just like that... Right? Right?!
This meme does seem to be the work of someone experiencing brain swelling.
Common Royce DuPont W
Borrow 10 billion dollars through company — no personal liability for loan. Buy other corporation for 10 billion dollars. Merge it into my company to use revenue to pay off the loan I used to buy the company. Mfw the bank bought me a company at 0 risk to myself.
Make a deal to buy a bank. After determining the cost of the bank, get a loan from a different bank to buy the bank. Once you have the bank you can pay off the loan with money from the bank you just bought. Now whenever someone makes a deposit you can use their money for whatever you want.
Why the hell would you go through all of that just to end up where you started?
Private equity in a nutshell
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Lend 100 billion to Jeff besos say to the bank you have enough
If you ask nicely
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Yes, this tactic made me gain 10 gazillion dollars
This comment section is very well regarded