Blackstone’s Investors Want Their Money Back!
Send us a textStephen Schwarzman and Jonathan Gray of Blackstone have built the best fundraising machine on Wall Street, but now, the billionaire pair are in an unfamiliar position — having to return ...
6 Des 202216min
Sam Bankman Fried Explains the Losses at FTX.
Send us a textSam Bankman Fried did two interviews with Tiffany Fong to explain what happened at FTX and where the customers money went. The first interview went out on the YouTube channel Coffeezilla...
1 Des 202218min
The Institutional Investors Who Lost With FTX
Send us a textSince its launch in 2019, FTX has raised $1.8bn and was most recently valued at $32bn. Among its shareholders are some of the world’s most-respected hedge fund managers and Venture Capit...
24 Nov 202216min
FTX: Worse Than Enron!
Send us a textThe new chief executive of FTX, an insolvency professional who oversaw the liquidation of Enron, has said that the bankruptcy of the crypto group is the worst case of corporate failure h...
19 Nov 202216min
FTX Bankruptcy Explained!
Send us a textFTX, the cryptocurrency exchange recently valued at $32 billion dollars, has filed for bankruptcy protection in the US.The filing in Delaware federal court on Friday included the main FT...
12 Nov 202226min
The Myth of The Robber Barons.
Send us a textThe term robber baron is frequently used to describe men like Cornelius Vanderbilt, John D. Rockefeller and Andrew Carnegie, along with other powerful 19th-century American industrialist...
8 Nov 202236min
How China is Helping to Reduce Inflation.
Send us a textChina’s crackdown on property developers and its “Zero Covid" policy are harming its economy and the economies of countries selling raw materials to China. But there is an upside to Xi's...
29 Okt 202211min
Is London the Dirty Money Capital of The World?
Send us a textRussian oligarchs have kept their money in London for twenty years, encouraged by British bankers' lawyers and politicians. Critics say that the 'London laundromat' cleans dirty money fr...
22 Okt 202225min
