Greedy, lazy rent-seekers do not change their stripes after one, two, or three get-rich-quick schemes implode.

Expecting the world to give them everything for nothing is the core trait of rich people - not an inexplicable error in judgment. #madoff #enron #ftx #capitalism

https://www.ft.com/content/2c70076a-3c59-4183-b4c6-79fb202a8b98

The accurate subtitle would be:

The Monster is Wall Street.

The entire #financial industry *and* the #regulators are his unindicted co-conspirators; his knowing and willing accomplices.

#Madoff #TheMonsterOfWallStreet #Netfilix

Dr Susanne Trimbath on birdsite:

"Justice Department accused Bankman-Fried of defrauding FTX customers by misappropriating their funds for his personal use." -- UPI
Sounds a lot like #Madoff 2008 #MFGlobal 2011 #Peregrine 2012 .... One more reason not to leave shares with brokers.

https://twitter.com/SusanneTrimbath/status/1602773158150356992?t=OZz0qpiL17efi0_EGMzT0A&s=19

#FTX
#fraud
#DRS
#SusanneTrimbathTweet

@yuliyan @tante es gibt keinen gut regulierten Teil der Börse. Und ob Anarchokapitlaisten jetzt auf $HOOD oder auf Bitcoin springen ist halt echt egal. Beides hat keine fundamentals. #Web69 ist nix neues. #Madoff oder #Crypto... Am Ende dasselbe.
Und #PFOF ist bis heute unreguliert aber ein Milliarden Geschäft.