<story><title>SoftBank’s debt obsession</title><url>https://techcrunch.com/2018/11/06/softbanks-debt-obsession/</url></story><parent_chain></parent_chain><comment><author>pkaler</author><text>Note that Masayoshi Son has the distinction of losing the most money in history when he lost approximately $70 billion during the dotcom crash.  He still has a net worth of $23 billion.&lt;p&gt;Win big.  Lose big.&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;en.wikipedia.org&amp;#x2F;wiki&amp;#x2F;Masayoshi_Son&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;en.wikipedia.org&amp;#x2F;wiki&amp;#x2F;Masayoshi_Son&lt;/a&gt;</text></comment>
<story><title>SoftBank’s debt obsession</title><url>https://techcrunch.com/2018/11/06/softbanks-debt-obsession/</url></story><parent_chain></parent_chain><comment><author>samstave</author><text>There has been a lot of talk (and speculation) in the past regarding Softbank being 1. the avenue for Saudi Investment of their (est.) $Trillion++ as the hedge against oil&amp;#x27;s future and 2. The apac version of HSBC&amp;#x2F;DeutscheBank laundering schemes.&lt;p&gt;Anyone have any speculation on the veracity of these rumors?&lt;p&gt;Basically, WRT the debt risks that Softbank is taking, it suggests that they don&amp;#x27;t care about the risks, because they need to launder+invest the monies they can regardless as quickly and with as much volume as possible to legitimize and profit...</text></comment>