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(Marketwatch)   "There is no try, only do" is no excuse, Bankman-Fried   (marketwatch.com) divider line
    More: Obvious, Hedge fund, The Missing, Enron, Bahamas-based FTX, Bankman-Fried, Exchange, Asset, court filings  
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487 clicks; posted to Business » on 01 Dec 2022 at 11:47 AM (9 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



10 Comments     (+0 »)
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2022-12-01 10:50:28 AM  
Were you trying not to commit fraud?
 
2022-12-01 11:03:05 AM  
pbs.twimg.comView Full Size
 
2022-12-01 11:57:32 AM  
Even the media's lopsided coverage of FTX is a scam.
 
2022-12-01 1:04:01 PM  
He admitted that his lawyers had advised him not to speak publicly as much as he has.

They also advised him to pay cash in advance.
 
2022-12-01 1:08:22 PM  
Is there some kind of moratorium on calling this asshole a crook? He demolished more wealth than Elisabeth Holmes by far. Is it because he only scammed the crypto community? Actually I kind of understand that. It ain't right, but I understand.
 
2022-12-01 1:55:09 PM  
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No, no try. Only fraud.
 
2022-12-01 2:44:43 PM  
At first I thought it was ridiculous SBF was still invited to talk at Dealbook. Then Sorkin gave him just enough rope to hang himself. Over and over again. It was masterful.
 
2022-12-01 3:42:25 PM  
We really, really need to stop lionizing these up-and-coming tech and/or financial wunderkinds because they almost universally turn out to be complete and utter garbage people that destroy vast swaths of lives in their wake. Musk, Holmes, SBF, Zuckerberg, etc.

Or at least put a huge disclaimer on any future stories about people like this. WARNING: THE LAST EIGHT PEOPLE WE INTERVIEWED IN THIS FASHION HAVE ALL EITHER BEEN PUT IN FEDERAL PRISON FOR FRAUD, TAX EVASION, PONZI SCHEMES, DOMESTIC VIOLENCE, LOSING BILLIONS OF DOLLARS OR BECOMING A NEO NAZI. READERS BE WARNED.
 
2022-12-02 5:33:38 AM  
Subs has a faulty memory. It goes like this...

Do or do not. There is no try.
I literally have the tee shirt...

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2022-12-02 1:07:13 PM  
Being bad at your job is not an excuse for doing it badly.

Maybe next time hire fewer on the spectrum coders and a few more people who actually know how to run a business and what laws you need to follow.
 
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