The loans used by Elon Musk to finance his $44 billion acquisition of Twitter (which he has since rebranded as X) have become the worst merger-finance deal for banks since the 2008-2009 financial crisis, according to a recent report by The Wall Street Journal. Seven major banks, including Bank of America (NYSE: BAC), Morgan Stanley … Continue reading Musk’s Twitter Deal Becomes Worst Merger Loan for Banks Since 2008 Crisis