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Transcripts for MSNBC All In With Chris Hayes 20211023 00:26:00

then over time when they have to prover their mettle, they can t do it. their returns have been sub par. this spac thing, my understanding some call blank check companies where the company goes public. you don t know what the company is. it s a vehicle, basically. just as we want to do something at some point in time, give us money and within two years, we ll do that. if we can t, we ll give you your money back. in this case you ve got a spac that has now going to merge with the trump entities. it s a blank check company. when you give your money tow that spac, they have no operating history. when they say we have a company with the stuff inside that is investment worworthy, it should have an operating history and financials. the trump bringing that to the

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