Because the impacts from this colossal fraud will be felt for years and the bad news will continue to unfold, Joshua Henslee and your Enlightentaining Host just couldn't resist sorting through the sordid stupidity a bit more.
The new CEO of #FTX is a very experienced workout executive who oversaw the Enron bankruptcy and wrote in his filing for FTX than he has never seen such insane incompetence and lack of operational and financial controls.
Who on earth would give this shlub and his weaselly little meth freak girlfriend a penny, never mind billions of dollars? It's bizarre and stinks to high heaven.
On the plus side, maybe the entire #ESG fraudulent shakedown nonsense will finally be coming to an end. Mussy-haired Sam and his illegal theft machine were given higher ESG ratings than almost any company on earth despite having ZERO governance controls and now we're seeing that they have done massive Social damage.
Tune in for a highly informative discussion and find out why one should never accept "reputation" as a replacement for sound due diligence.