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@peterschiff
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About two years after going
#public
through a
#SPAC
, yesterday
#WeWork
finally filed for
#bankruptcy
. But the
#problems
with its
#business
#model
were obvious long before the
#IPO
.
#Investors
just didn't care. Now it's a huge problem for
#commercial
#realestate
and
#banks
that own the
#debt
.
Posted on Instagram at
11/8/2023, 11:57:37 AM
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