PB made it known last year I think during a BRR interview that he loaned shares to CS when they did the convertible notes deal. CS had to buy some of the notes or something & PB lent shares to CS so that CS could hedge against some of the risk they took on board when they purchased the them. PB acknowledged there would be a hit on the share price. PB loaned the shares in the interests of Linc so that it could successfully sell the bonds. This is all old news.
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