New FTX CEO: "Never in my career have I seen such a complete failure of corporate controls" pic.twitter.com/DGkxpSBaXH
— Eliot Brown (@eliotwb) November 17, 2022
New FTX CEO says "Never in my career have I seen such a complete failure of corporate controls." But what does he know? He-- he worked for Enron, you say
https://x.com/eliotwb/status/1593229154555949056
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Now playing: DK's Treehouse (DK64).mp3
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He didn't just work for Enron. He was the clean up guy that was brought in after it all went to shit.
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An actual professional jannie
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No, this man gets paid.
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Speaking of which, CROs usually get paid astronomical amounts, its ridiculous even by (most) CEO standards. There are a bunch of good reasons for that (theyre usually brought in at the time when officer liability is highest and most likely to crystallize, they have to unfrick things in a short period, etc)
If this guy was on Enron and Nortel and swore an affidavit saying this is worse, then just... lmao
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That's what professional means.
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"Ah yes, so this is how they were caught with fraud. If only they did X, Y, and Z, they might have gotten away with it."
Fun hypothesis: He used his resume-building experience to enact a similar scheme within the wild world of crypto.
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