Thread regarding Oracle Corp. layoffs

Collateral calls

LE - how much collateral did you have to put up today? What does tomorrow look like. Let me know when you’re ready to sell the island. And hey, LE hate to tell you - there is a God after all!

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Post ID: @OP+TLyYUFk

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B/c he’s put up a lot of his oracle stock as collateral for loans, and lenders can only lend 50% of stock value, when price goes down they request more collateral because they have to by federal law. Elementary my friend.

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Post ID: @2uoy+TLyYUFk

Oh please, according to Forbes his NET worth is 50B. Why would any lender be pestering him for repayment?

Another butt hurt BS post.

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Post ID: @2cyv+TLyYUFk

When are you going to hold that auction to raise cash for those pesky collateral calls, LE ?

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Post ID: @2zni+TLyYUFk

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