The FTX Racket Unraveled in Real Time
Commentary
One has to appreciate Sam Bankman-Fried’s honesty of late. After running a presumed $32 billion company to zero in a matter of days, he took to Twitter to reveal what many of us already knew. He said that woke is a racket. “In the future, I’m going to care less about the dumb, contentless, ‘good actor’ framework,” he said. “What matters is what you do—is *actually* doing good or bad, not just *talking* about doing good or *using ESG language*.”
True enough but perhaps a bit late since woke ideology was the main product that his short-lived company was selling. He says it was never his intention to rob anyone. And he does feel “bad for those who get” harmed by “this dumb game we woke westerners play where we say all the right shiboleths [sic] and so everyone likes us.”…