Okay okay okay, fine, you are a private credit fund, you do not want to sell your loans
to JPMorgan because that sets a bad precedent, I get it. But you are in the middle of the
Pluralsight restructuring, you have already marked your loans down to 50, and JPMorgan lobs
in an unsolicited bid to buy whatever you’ve got at 90? And you say no? Really? I would have
been very tempted to call them back and say “hey guys, guess what, today is your lucky day.”
I can only hope that somebody at JPMC spit out their coffee this morning for getting called out. But really, there are two ways you get people to stop obnoxious behavior like their solicitation: (1) they lose money or (2) lose face.
For free thinkers: https://archive.ph/TthE4
Great quote by the way:
I can only hope that somebody at JPMC spit out their coffee this morning for getting called out. But really, there are two ways you get people to stop obnoxious behavior like their solicitation: (1) they lose money or (2) lose face.