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FTX logo being removed from Memorial Stadium at UC Berkeley...
Another one bites the dust...
Crypto lender BlockFi was taken down by exposure to FTX and Alameda Research, the latter of which defaulted on $680 million of collateralized loan obligations, according to a bankruptcy filing.
I wonder how many more companies file bankruptcy because of bad loans to or dealings with FTX.
Nov 28, 2022 at 3:45 pm ET
FTX Spending Spree Included Offers to Washington Advocacy Groups
By Paul Kiernan
FTX’s full-court press to influence policy makers in Washington included offers of funding for progressive advocacy groups.
In November 2021, FTX founder Sam Bankman-Fried donated $100,000 to the Center for American Progress, a liberal group founded by former Clinton administration chief of staff John Podesta, its spokeswoman said.
Enough to cause a 1929 moment?
Why Hasn’t Sam Bankman-Fried Been Arrested Yet?
Tom Fitton
@TomFitton
Nov 12
While the Biden gang has been harassing and threatening @ElonMusk and his companies, one of the worst scams in modern finance was being perpetuated under their nose by a regular WH/Hill visitor and the second biggest Democratic donor.
Elon Musk
@elonmusk
Nov 13
Replying to @TomFitton
SBF was a major Dem donor, so no investigation
Nov 13, 2022 · 3:56 PM UTC
Biden’s SEC Chief Held Secret Meetings with George Soros & Hillary Clinton, Hid Info from Public
Democrat President Joe Biden’s head of the Securities and Exchange Commission (SEC) has been caught covering up secret meetings he held with George Soros and Hillary Clinton, according to reports.
SEC Chairman Gary Gensler scrubbed all mention of a meeting with twice-failed Democrat presidential candidate Hillary Clinton from the public version of his calendar.
He also reportedly hid key details of a meeting with radical billionaire George Soros.
Gensler’s public calendar showed that he only had a staff meeting on August 7, 2021.
However, Gensler’s private calendar lists a meeting with Clinton.
On August 20, 2021, Gensler’s public calendar states that he met with Soros but the meeting’s agenda is hidden.
Yet his private calendar shows that the two met to discuss a forthcoming Wall Street Journal op-ed that Soros was planning to write.
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Some questions: will US taxpayers money or Fed fraud money be used to bail these idiots out? Why were regulated entities like pension funds and insurance companies 'investing' in this crap in the fist place?