(Bloomberg) - Elon Musk's bankers are considering providing the billionaire with new margin loans backed by Tesla Inc. stock to replace some of the high-interest debt he layered on Twitter Inc., according to people with knowledge of the matter.
Bloomberg Television:
https://finance.yahoo.com/video/musk-bankers-mull-tesla-margin-054548487.html
By Su Keenan reports on Bloomberg Television
December 8, 2022
U.S. President Donald Trump bemoaned last week his issue with naming the next Federal Reserve chair.
Most advisors wait for the rollover to manage clients’ largest asset. Absolute Capital CEO Brenden Gebben explains how his firm’s front-door authorization model allows advisors to access and manage held-away 401(k) accounts while clients remain employed—without credential sharing. As custodians crack down and regulators tighten oversight, the distinction between authorized access and workarounds has never mattered more for building scalable, compliant practices.