TruthMattersForMPW

Even struggling issuers deserve truth

[TruthMattersForMPW @NotMPW]

$mpw
2Q earnings may be a blowout on Thursday.
Utah deal adds app. $200mn to earnings.
Steward ch 11 paid rent in May and June.
If writedowns avoided in quarter earnings soar.
Beware shorties.
#shortsqueeze possibilities

[Mike Lomonte @MikeLomonte]

Can we please just admit out loud that we have an epidemic of racism against whites? I see white people getting attacked by packs of blacks every single day. The rhetoric in the dying legacy media has inflamed racial tensions and the school system led by liberals taught a generation that white people are natural oppressors. This is completely unacceptable and needs to be addressed out loud.

[LAM @miklyn34]

@megynkelly Where is @AOC where is Ilan Omar? Where is Rashida Tlaib? Where are the Hadid sisters? Why is not one Palestinian supporter denouncing this barbarism? Because they support it. That’s why. Don’t be fooled. They’re enjoying this fully.

[TruthMattersForMPW @NotMPW]

@tranumphantom MPW is the DIP lender, Prospect is the DIP.

[TruthMattersForMPW @NotMPW]

@marketswithmay @fundamatica @Ozzysai @Yentovon 5/x to disguise actual financial performance and condition?

[TruthMattersForMPW @NotMPW]

@marketswithmay @fundamatica @Ozzysai @Yentovon 4/x by selling the barge to Merrill and then buying it back at an imputed interest rate in subsequent quarters?
Why make believe I claimed MPW’s business was like Enron’s when I never said that?
Why keep talking about Gamma when I was accurately talking about using OBS SPEs to

[TruthMattersForMPW @NotMPW]

@marketswithmay @fundamatica @Ozzysai @Yentovon But your accusations that I am Simone is nonsense that suggests you’ve lost objectivity.

[TruthMattersForMPW @NotMPW]

@marketswithmay @fundamatica @Ozzysai @Yentovon You are immensely off base.
I used Ai to confirm the accuracy of what I stated.
The Ai and simple searches confirm the accuracy of what I said.
So, it seems I do actually know what I was talking about. I won’t bother to brag about how I knew this. 1/x

[TruthMattersForMPW @NotMPW]

@fundamatica @marketswithmay @Ozzysai @Yentovon Uhh, you don’t know that one of the SPVs at Enron held a barge that was a power plant for Nigeria and that Enron finagled with Merrill Lynch to disguise earnings by sale and repurchase of the SPV? And there were criminal charges?

[TruthMattersForMPW @NotMPW]

@marketswithmay @fundamatica @Ozzysai @Yentovon “Although there was indeed fraudulent activity at Enron, the reason the corporation failed was the same reason for its meteoric rise: foolish financing. The company used off-balance-sheet vehicles to take on large amounts of debt and fabricate earnings.”

[TruthMattersForMPW @NotMPW]

@marketswithmay @fundamatica @Ozzysai @Yentovon Yes, I am using Ai to confirm that I correctly stated a “key factor” in Enron collapse was the use of OBS financing to disguise financial reality, just as I said. That truth doesn’t change because you had a job for hedge funds or can recite options lingo. Also Y Jeff went to jail

[TruthMattersForMPW @NotMPW]

@marketswithmay @fundamatica @Ozzysai @Yentovon The simple truth confirmed by Ai is that Enron used off balance sheet financings to disguise its actual financial performance and that’s exactly what I said was going on with the $mpw “international JV.”
Even used SPVs to do so. Oh, and Ai confirms this was “key” in Enron.

[TruthMattersForMPW @NotMPW]

@marketswithmay @fundamatica @Ozzysai @Yentovon “AI Overview

Enron used off-balance sheet (OBS) financing to hide debt and losses from investors and creditors.
This practice was a key factor in the company’s collapse and bankruptcy..”

[TruthMattersForMPW @NotMPW]

@marketswithmay @fundamatica @Ozzysai @Yentovon More strawmen.
Enron used off balance sheet transactions to disguise its actual financial performance and condition. MPW, Steward and Cerberus used the guise of an “international joint venture” to disguise the nature and full extent of MPW’s exposure to Steward. That’s the kind

[TruthMattersForMPW @NotMPW]

@marketswithmay @fundamatica @Ozzysai @Yentovon Red herrings.
I didn’t say or imply MPW as a whole was like Enron.
I suggested that when one digs into the supposed int’l JV, one realizes it was a device used to disguise reality.

[TruthMattersForMPW @NotMPW]

@fundamatica @marketswithmay @Ozzysai @Yentovon Tell me about off balance sheet transactions used to disguise the real purpose and effect of the transaction. You know, the kind of deals Jeff was very good at…