They're not saving his hide. This is the old axiom "when you owe somebody $100k, you have a problem. When you owe somebody $100m, they have a problem".
SoftBank is paying off Adam Neumann's creditors because that's how finance works - JP Morgan and SoftBank have made some deal to make sure they both come out okay, without really caring about the end result for Adam. If it's good for him, that's incidental.
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They're not saving his hide. This is the old axiom "when you owe somebody $100k, you have a problem. When you owe somebody $100m, they have a problem".
SoftBank is paying off Adam Neumann's creditors because that's how finance works - JP Morgan and SoftBank have made some deal to make sure they both come out okay, without really caring about the end result for Adam. If it's good for him, that's incidental.