Daily Archives: November 16, 2022, 9:14 am

‘Big Short’ Author Michael Lewis Spent Months With FTX’s Sam Bankman-Fried and Is Writing a Book

Best-selling author Michael Lewis may have lucked into the story of a lifetime – quite the development given he has already published a long string of hit books including “The Big Short” and “Flash Boys.” Lewis, according to a letter from Creative Artists Agency circulating in Hollywood, has just spent the past six months or so “traveling with and interviewing…

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Charlie Munger blasts crypto after FTX meltdown: ‘Good for kidnappers’

Billionaire and noted bitcoin critic Charlie Munger took a victory lap Tuesday after FTX’s recent meltdown – blasting cryptocurrencies as a “demented” enterprise rife with “fraud” and delusion.” When asked about FTX’s collapse into bankruptcy, the 98-year-old Berkshire Hathaway vice chairman referred to digital currencies as a “very, very bad thing” ripe for exploitation by bad actors. “The country did…

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Online Clothing Company Hit With COVID-19-Related Securities Suit | The D&O Diary

As I have noted previously (most recently here), there have been a number of COVID-19-related securities class action lawsuits filed since the initial coronavirus outbreak in the U.S. in March 2020. But while these lawsuits have continued to be filed since the outset of the pandemic, as time has gone by, it has become increasingly challenging to say with certainty…

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