“The idea was to hold onto the shares, which is called going long…so flooding the market would have had a big impact on the bank”

The Quinn Files · Illegal But Enforceable, with Solicitor Chris McGettigan | The Quinn Files EP7

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What was described

implemented a share support scheme by paying a €100,500,000 loan to a holding company, which used the funds to meet margin calls and buy shares (going long) instead of dumping shares on the market

€100,500,000 loan

Said nearby on the same subject

“Loan split… $500,000 non-deductible home loan… put $100,000 into the loan, split it into $400,000 or $100,000 and then go invest $100,000 in shares”
PN
Pat Noll
Equity Mates Investing Podcast ·
How they work $500,000 loan split into $400,000 non-deductible + $100,000 deductible Share this moment
“He offers the shares up as collateral, which appears to be how he usually does business… he pulled back the share dump and is doing another margin loan”
LE
Larry Ellison
Better Offline ·
Why it worked at least $21 billion in personal loans; attempted share dump of $7-9 b… Share this moment
“I could buy these headphones, or I could just put that $500 into the share market. And by doing that ... the $500 has compounded so much more over time”
SK
Sim Kaur
Friends That Invest ·
Pricing $500 Share this moment
“You buy shares for 80 cents and you liquidate the Bitcoin for 100 cents”
TB
Tice Brown
Money Stuff: The Podcast ·
Why it worked 80 ¢; 100 ¢ Share this moment

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