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chihuahua001 t1_j9t4e6r wrote

Billionaires use SBLOCs to buy whatever they want. The idea that they’re illiquid and incapable of spending a few million dollars whenever they want is a myth they perpetuate to avoid being held accountable for how they’re all terrible leeches on the rest of us.

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flexi_boy t1_j9tcmmm wrote

Hmm, TIL. Thanks, that does make sense they would have a way to leverage assets without liquidating..and makes sense they would want to conceal it.

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