@AlexForbesOps This is where the commercial format is better. For the most part GC always owes subs more than the remaining work, retainage always held - usually 10%, and punch lists are expected.
Many of my dealings with residential subs have been a struggle.
@marcuslemonis@SpaceX@elonmusk Yep - horrible take.
And you understand the financials
Not sure why you would pump it, assuming you aren’t looking for exit liquidity…
What an awful take by @marcuslemonis
For all those who believe that the @SECGov should protect the public interest and prevent such garbage as Spacex from going public.
For all those who believe that the index providers should not change their rules for index inclusion.
For all those who believe that Goldman Sachs and Morgan Stanley should care about enabling this forced wealth transfer.
The mechanics of the Spacex IPO are a disaster for millions of investors who own index funds.
Everyone knows this is just plain wrong.
This is legal fraud.
Marcus Lemonis, by not calling out the bad actors, you are part of the problem.
SHAME ON YOU.