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by leereeves 1514 days ago
> they could have posted more collateral, and given that they raised billions soon after, it was within the real [realm?] of possibility for them

Money they raised later couldn't have been used as collateral until they actually raised it, even if the investors would still invest under those conditions.

1 comments

While I understand you can't post money you don't have, that doesn't absolve them of responsibility in their user's minds (nor should it).