Billionaire investor Bill Ackman is walking back on comments seemingly defending SBF — says 'nothing could be further from the truth'
Billionaire investor Bill Ackman said his comments on FTX founder Sam Bankman-Fried were misinterpreted.Bankman-Fried said at NYT's DealBook Summit he had"made a lot of mistakes." But he denied committing fraud.Ackman later walked back on his tweet saying FTX's blow-up was"the most egregious, large-scale case of business gross negligence."
Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Suze Orman says, 'We're heading downhill very fast,' unless employers start providing this critical benefit to their workersUnder the Emergency Savings Act, employers offering a defined contribution plan, like a 401(k), have the choice to let workers put cash in an interest-bearing emergency savings account. Workers put in after-tax and can pull it out penalty-free any time.
Read more »
Elon Musk Says SBF Donations to Democrats 'Probably' Over $1 BillionElon Musk alleged that SBF had donated over $1 billion to Democrats and asked where did that money go.
Read more »
Why the Media Makes Musk a Villain but Lets SBF Off EasyElon Musk is seen as a supervillain for using $44 billion of his own money to buy Twitter but Sam Bankman-Fried is treated with kid gloves for losing billions belonging to others, Mary Katharine Ham writes.
Read more »
Elon Musk alleges SBF donated over $1B to Democrats: 'Where did it go?'Too many questions: Why isn't Sam Bankman-Fried behind bars? Did he pay off the right people? 'The money (over $1 billion in donations) went somewhere, so where did it go?' asks elonmusk
Read more »
Elon Musk and AOC finally agree: SBF was bad at League of LegendsElon Musk and AOC finally agree on something: both have mocked Sam Bankman-Fried's lowly League of Legends rank
Read more »