What makes the Federal Reserve think that their tightening policy will reduce inflation exactly to the 2% mark without blowing right through that number?
Sequoia signing off on $200M+ to FTX at a $32B valuation will be looked at through the lens of history like Moody's giving a AAA rating to junk-grade mortgage backed securities
DeSantis is 44 and has a 30 year career in politics ahead of him.
The maximum upside of a battle with Trump is 8 years in the White House followed by 25 years of boredom.
The downside is being permanently marred the way that Jeb Bush and Scott Walker were in 2016.
The maximum upside of a battle with Trump is 8 years in the White House followed by 25 years of boredom.
The downside is being permanently marred the way that Jeb Bush and Scott Walker were in 2016.
Owe the bank $500K? that's your the problem.
Owe the bank $50M? that's the bank's problem.
Owe the bank $15B, using your customers' holdings of worthless cryptocurrency as collateral? That's everyone's problem.
Owe the bank $50M? that's the bank's problem.
Owe the bank $15B, using your customers' holdings of worthless cryptocurrency as collateral? That's everyone's problem.
As a Jew, I worry that Sam Bankman-Fried is going to ignite more antisemitism than Ye could ever dream of
The hardcore DeSantis fans are the same people who love Reagan—the last president we had with crippling dementia who gave us mass amnesty and major gun control.
The FTX debacle wouldn't have been possible without VC's who let greed and FOMO take over, discarding their standards for due diligence.
Casting the blame on the "global macro ZIRP environment" isn't going to cut it. There will be major legal fallout.
Casting the blame on the "global macro ZIRP environment" isn't going to cut it. There will be major legal fallout.
Professional investors being taken by Elizabeth Holmes is more defensible, because the entire investment hinged on an extremely esoteric, first-of-its-kind technology.
The same cannot be said with FTX. Any legitimate level of due diligence would have uncovered the fraud.
The same cannot be said with FTX. Any legitimate level of due diligence would have uncovered the fraud.
One wonders how this can even be real https://archive.ph/nAUme
archive.ph
Our Team — Alameda Research
archived 9 Nov 2022 21:27:52 UTC
This ghoulish exercise involving a Milo Yiannopoulos character adaption was a shot across the bow from the worst elements of the Democrat Party.
They won't go any easier on DeSantis just because he isn't Trump. MeToo, Russia pee tapes, etc. will be used just as quickly.
https://twitter.com/BrentHBaker/status/1590779623234801670?s=20&t=DNVB2EEbshTcTPDYLP6HGQ
They won't go any easier on DeSantis just because he isn't Trump. MeToo, Russia pee tapes, etc. will be used just as quickly.
https://twitter.com/BrentHBaker/status/1590779623234801670?s=20&t=DNVB2EEbshTcTPDYLP6HGQ
The crypto "exchanges" maintaining custody of client funds was always a conflict of interest.
Were they to minimize transaction costs, owing to their duty to customers? Or maximize transaction costs, to maximize profits for shareholders in their exchange?
Were they to minimize transaction costs, owing to their duty to customers? Or maximize transaction costs, to maximize profits for shareholders in their exchange?
Ron DeSantis is 5'8 and Glenn Youngkin is 6'9
Imagine the two of them on the same stage for a debate
Imagine the two of them on the same stage for a debate
Observation from DC: FTX thought of themselves as too good for old school lobbying.
Their arrogance made them think that blanket contributions would be enough, and that there was no need to deploy real K Street firepower.
They were wrong. And now they will pay the price.
Their arrogance made them think that blanket contributions would be enough, and that there was no need to deploy real K Street firepower.
They were wrong. And now they will pay the price.