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The Securities and Exchange Commission on Thursday sought to force Elon Musk to sit for a deposition as part of an ongoing investigation about his purchase of Twitter, now known as X...

Meh, it takes years for an SEC investigation to get anywhere. Blame the FF's, our justice system moves at a glacial pace. That doesn't really bother me actually, much better slow than fast.But so far, Elon has managed to outrun and outwit the SEC.
In a recent story, this writer speculated that Elon Musk himself is in a powerful position to purchase a big chunk of the debt pile that's haunting X at a sharp markdown, or securing a solution where the banks simply write off some of the loans, a move that would improve X's standing, enabling them to safely syndicate the rest.
If that's true it's pretty foolish. The U.S. government routinely jails rich people. For exactly that kind of crime. It's bad for business if the U.S, gets a reputation for endemic corruption in the business and finance sector. Everyone loses under that scenario. The Banks anyway are richer than Elon.If the Gubmint can prove it.
At this point, I imagine the richest man on the planet doesn't worry too much about the US government.
No one has transcended justice yet. Anyway Elon has zero political cover. His debtors do.Musk will never be in jail.
He has transcended justice.
Makes me vomit, but I know this to be true.
