Monday, November 28, 2022

the sad story of Sam Bankman-Fried's collapsed empire

Headline:

Analysis: What in the Actual F— Is Wrong With These People?

You can't make this up. Earlier this month, some dough-faced dork named Sam Bankman-Fried—an MIT grad and son of Stanford law professors—vaporized the GDP of a small country after successfully conning the entire world of so-called educated elites.

All of them. The freaks in Silicon Valley, the freaks on Wall Street, the freaks in Hollywood, and the freaks in Washington. Even (or especially) the journalists who are supposed to be holding everyone accountable. The smartest, most enlightened professional experts and self-appointed moral referees.

Bill Clinton. Tony Blair. The Democratic Party. Larry David. Tom Brady. Fortune magazine. Andrew Ross Sorkin. CNBC. The bald guy from Shark Tank. BlackRock, the $10 trillion investment firm where former Obama aides go to get rich and serve as "Global Head of Sustainable Investing."



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