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BK

Bank of New York Mellon Corp

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About Bank of New York Mellon Corp

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As has been discussed, you cant compare the two as the difference in a home purchase is a complete one magnitude higher of a level of financial commitment than a car purchase.  If I go $250K underwater on a house, I may choose to have to declare BK to get out from under that.  If I go $20K underwater on a car, I just get pissed off and keep the car for a long time. Would the crash in the price of LCD TV's affect the equity ppl have built up in their TV's?
BK is one thing. You have some protections there fraud is a different animal
Bad news bro , they have a w or 3 year look back and will claw the money back . Don’t do anything fishy or they will be hard on you . One thing to research . I have heard that you can send the IRS all your money and then redo your taxes and they will send it back after the BK . They will look at any transfers with a microscope . Transferring to any family ( in laws included ) is like transferring to yourself and wont be allowed . You might just want to ride it out . Just stop paying things and in a few years you will be up and rolling again . Are you in a community debt state ? Texas is a community property state but not a community debt state .
A lot of the bear thesis is emotionally driven, due to people not liking space Karen, which doesn’t have much to do with the actual business. Tesla still made money, and likely will continue to make money and are still leaders in the EV sphere. If you haven’t noticed, making EV’s is a very difficult business to be in, just look at the other EV companies teetering on going BK or the legacy automakers just lighting cyber truck loads of money on fire just to make terrible EV’s. There is still plenty of innovation that Tesla can do, regardless of the BS timelines that space Karen puts out there which the market loves to hear.
Sigh 😔 back to flippin patties at BK
CORZ daily mining 21.2 btc, the largest amount among the miners. They also host for people that mine and even have a 100mil contract for unused server power to be used by an AI company. They're stock price took a huge hit when they went into ch11 back in December of 22. I bought after entering bk and made 1200%+. They're out of business, but it's taking time for people to learn about them again. With their MC so low compared to the other miners I believe they are still a 10x or more.
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