Bobby Allyn
@bobbyallyn.bsky.social
Of particular concern to AI data center watchers is the growing practice of Big Tech using highly leveraged special purpose vehicles to keep tens of billions of dollars of debt off their balance sheets.
History reminds us that who used SPVs to hide debt and inflate earnings? Enron.
History reminds us that who used SPVs to hide debt and inflate earnings? Enron.
November 23, 2025 at 11:02 PM
Of particular concern to AI data center watchers is the growing practice of Big Tech using highly leveraged special purpose vehicles to keep tens of billions of dollars of debt off their balance sheets.
History reminds us that who used SPVs to hide debt and inflate earnings? Enron.
History reminds us that who used SPVs to hide debt and inflate earnings? Enron.
been working on a Substack piece on you for some time Ryan. let’s just say you better read the kicker.
November 18, 2025 at 1:43 AM
been working on a Substack piece on you for some time Ryan. let’s just say you better read the kicker.
And here’s another fake one going viral on TikTok with 27M views
October 24, 2025 at 2:56 AM
And here’s another fake one going viral on TikTok with 27M views