At some point down the line though, don’t you think a buyer is going to exercise selling off clusters, or an entire sets of high value properties, for liquidation?

Hi Phil, good point, But, why would they when they are feeding off of the tit? All the top end are milking it, will then BKP when he milk stops flowing, stick it to the plebes and the economy and the listeners.

If they wanted to, I do not think it is easily done. Their stock is in the toilet. To sell is more desperation. They will rattle the debt holders. (Where will the proceeds of the sales go to, who first? Will it be divided? will the Brass milk on it again?) Lot of notes (debt) can be recalled immediately by banks, so selling off piecemeal might trigger it. Also, who is there to buy? Will banks finance this? Will the selling price be even close to the purchase price? -- way too many variables.

🎪 man!

Z