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Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debt (www.yahoo.com)

submitted 3 months ago by sanitation@lemmy.today to c/technology@lemmy.world

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[–] Gerudo@lemmy.zip 10 points 3 months ago (2 children)

I'm not a finance wiz but would that mean these 5 companies are carrying around 3 trillion total debt? My bank won't even let me owe them 20 bucks without penalties.

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[–] Lost_My_Mind@lemmy.world 11 points 3 months ago

If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem.

I mean, that quote maybe needs to be updated for inflation, but you get the idea.

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[–] NotEasyBeingGreen@slrpnk.net 1 point 3 months ago

If you have a credit card then you can owe a bank 20 dollars, so...

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