/biz/ - Business & Finance

i have no intelligent response to this because i'm already bored of bankmans antics. on to the next plotpoint in the narrative unless you think they've got another act scripted for this bankman character? i've also got some animes i'm watching that are kinda more interesting so not sure when im going to get caught up on "the news"

>>52917720
hitler, trump, biden. all scripted characters. yes, like it was a show written in hollywood.

>>52641886
>bushwacked
>Daniel Stern
Oh wow, I'm gonna check this out.
>Paycheck
It's great, the early 2000's tech is the real kino.

The FTX contagion is spreading.
>https://finance.yahoo.com/news/tom-brady-gisele-bundchen-steph-195856590.html
>Garrison is accusing FTX and the celebrities of violating Florida securities and consumer protection laws and of engaging in an illegal civil conspiracy. These claims, however, are based on an important factual point: That FTX's U.S. subsidiary steered customers to its overseas exchange where they could purchase "yield-bearing accounts" and obtain rates of up to 8% for lending cryptocurrencies like Ethereum.
>This detail about yield-bearing accounts appears to be critical to Garrison's argument that FTX was an illegal Ponzi scheme—specifically because it dangled high yields to entice later investors to hand over money used to pay back earlier investors.

>>52436033
The problem with that thesis is the market will melt up, feedback into inflation and undo all the Fed's work.

>>52416089
yep, I love this timeline