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The FTX Collapse Looks an Awful Lot Like Enron
CoinDesk via Yahoo News· 2 years agoBecause they were actually related entities, Alameda and FTX were able to falsely pump asset values and harvest leverage. Jeffrey Skilling would approve.
Carvana: Yahoo Finance's Worst Company of the Year
Yahoo Finance· 2 years agoIt’s been a crap year for stocks, with the overall market down 17%. At Carvana, the wheels came off. The online used-car merchant lost 97% of its value...
From Enron to FTX: Wall Street Turnaround Titan John Jay Ray III Takes Reins from FTX CEO Sam...
CoinDesk via Yahoo News· 2 years agoJohn Jay Ray III, who led disgraced energy titan Enron through rocky bankruptcy proceedings and a...
Factbox-Crypto companies crash into bankruptcy
Reuters via Yahoo News· 2 years agoThe price of bitcoin has dropped 65% since the start of the year, the cryptocurrency Luna suffered a total collapse in value, and crypto exchange FTX...
New FTX chief calls company's collapse 'a complete failure'
Yahoo Finance· 2 years agoNew FTX CEO, John Jay Ray III, slammed the company's 'complete failure of corporate controls' in a...
FTX CEO says company engaged in 'old fashioned embezzlement' under SBF
Yahoo Finance· 2 years agoFTX's new CEO appeared on Capitol Hill on Tuesday, contending the company under former CEO Sam...
Why Tesla may need 'new blood' on its board to pull off a Delaware exit
Yahoo Finance· 4 months agoA Delaware judge found Tesla’s board wasn't independent enough from Elon Musk. That could make it...
First Mover Asia: Bitcoin Won't Budge. Cryptos Ignore the FTX Chaos for Another Day
CoinDesk via Yahoo News· 2 years agoSam Reynolds writes that venture capitalists’ failure to scrutinize crypto exchange FTS parallels...
With Founder Facing Charges, New CEO Says FTX Embezzled Customer Cash
CoinDesk via Yahoo News· 2 years agoDespite assurances from founder Sam Bankman-Fried, the distinctions between crypto exchange FTX US...
The rise and fall of Elizabeth Holmes, the former Theranos CEO
INSIDER via Yahoo News· 1 month agoConvicted Theranos founder Elizabeth Holmes.Philip Pacheco/Getty Images Elizabeth Holmes dropped out...
