Any notion that taxpayers are taking on risk here is fanciful given that any loan will be backstopped by Constellation’s entire $80-billion-plus value.
Not to worry taxpayers, despite us paying out dividends to equity holders, our $70 billion plus value means this loan is still safe and sound!
Don’t worry taxpayers about us spinning off 90% of our assets to Galaxy Brain Energy, a totally independent and different energy company that we didn’t just pull out of our ass. The loan is still backed by our $7 billion plus value, trust!
Not to worry taxpayers, despite us paying out dividends to equity holders, our $70 billion plus value means this loan is still safe and sound!
Don’t worry taxpayers about us spinning off 90% of our assets to Galaxy Brain Energy, a totally independent and different energy company that we didn’t just pull out of our ass. The loan is still backed by our $7 billion plus value, trust!