SBF Speaks
Somehow, even with all eyes on the Fed, the speech by JPow didn’t even take the headliner spot yesterday. No, that was won by none other than The Daily Peel’s first-ever Platinum Banana Winner for CEO of the Year in 2021, Sam Bankman-Fried.
Putting aside how icy cold that take turned out to be (please roast me, I deserve it), SBF’s heavily anticipated interview with the NYT’s Andrew Ross-Sorkin turned out to be kind of a nothing-burger.
Headlines read that SBF “admitted to mistakes” or that he “didn’t ever try to commit fraud,” but like…didn’t we already know this??
Clearly, there were mistakes made, and of course, he’s gonna get out there in full cover-up mode, and that’s just what he did. To Ross-Sorkin’s credit, this interview was much less of a “puff piece” as the NYT and others are alleged to have released of late, but still, let’s not pretend we learned anything substantial.
SBF largely took this opportunity on the big stage to express his regret and acknowledge what he sees as a “mistake” rather than fraud. Which, I mean, you gotta respect at least a little. After all, there’s still no certainty around the criminality of his actions.
But on the other hand, it definitely seems like he committed fraud. Uproar ensued over the mere idea of SBF being given the limelight, and I respect that too. Was Bernie Madoff given a second to speak when he was “suspected” of committing fraud? There’s a solid argument on both sides.
But maybe the biggest disappointment is how anticlimactic this interview was. For all the hype, we learned little, even despite SBF dropping gems like “I had a bad month.” Now, we’ll have to wait for the inevitable court proceedings, and now that I’m excited for.
The big question: Did SBF make “mistakes,” or is he one of the biggest scumbag fraudsters in human history? Or both?
|
Accusantium ut in aut occaecati deleniti quo magni. Voluptas saepe expedita aut explicabo.
Perferendis dicta occaecati ut et modi. Iusto officiis voluptas maxime pariatur. Et aut nulla qui repudiandae quidem. Sequi et doloremque autem quod voluptas. Ea enim ratione quibusdam quidem fugiat.
Error dolor unde voluptatem dolor perferendis iste architecto. Sed ipsum ut ut neque id ad. Non tenetur dolores dolorem ea voluptates sed. Quasi et magnam dicta consectetur magni consequuntur. Numquam esse aliquid doloremque. Qui harum expedita quas temporibus illo blanditiis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...