Jun 10, 2023 · Goldman Sachs was hit by a surge in commercial real estate loan delinquencies in the first quarter, fuelled in part by Elon Musk’s refusal to pay Twitter’s rent.

Jun 14, 2023 · Elon Musk's decision not to pay Twitter's rent is causing pain for Goldman Sachs, the FT reported. Goldman helped originate a $1.7 billion loan to Columbia Property, which owns many...

Aug 3, 2022 · Elon Musk has subpoenaed Goldman Sachs and JPMorgan Chase for details on how the two Wall Street banks advised Twitter on his proposed $44bn buyout of the social media company, which the Tesla...

Jun 12, 2023 · Elon Musk’s refusal to pay Twitter’s rent has had a profound impact on Goldman Sachs’ commercial loan portfolio, contributing to the surge in delinquencies faced by the bank. The consequences of this rent dispute extend beyond legal battles, affecting the broader commercial real estate market.

Jun 12, 2023 · In November, after a bruising battle to avoid taking over Twitter, the billionaire started a dramatic cost-cutting exercise, including not paying rent. Columbia Property, Twitter's landlord, is now suing, and as a result, defaulted on its loan from Goldman Sachs in February.

Jun 10, 2023 · Elon Musk’s refusal to pay Twitter’s rent contributed to the surge in commercial real estate loan delinquencies that Goldman Sachs Group Inc. faced in the first quarter, the Financial Times...

Apr 16, 2022 · JPMorgan Chase and Goldman Sachs are in Twitter's corner for enforcements after tech billionaire Elon Musk made a $43 billion offer to purchase the social media platform earlier this week.

May 18, 2022 · Goldman Sachs and JPMorgan are expected to haul in a combined $133 million in investment banking fees for advising Twitter on the company’s sale to Elon Musk.

Aug 19, 2022 · The termination of Twitter Inc. 's roughly $44.54 billion sale to Elon Musk means that investment banks advising on the transaction will likely see a much smaller payday, but Goldman Sachs & Co. LLC did earn some fee protection with a …

Apr 15, 2022 · Elon Musk, the richest man in the world, seems to remind his opponents that to fight him they have to be prepared for anything. No holds are barred, including humiliations on …