There was one question that nobody in this week’s congressional hearing asked the new chief executive officer of FTX: Why would anybody want that job?
“I am drawn to crisis,” John J. Ray III told me in an email. “There is something about the sheer chaos and human panic that creates an unbridled energy.”
The same person who became CEO of Enron under similar circumstances of chaos and panic is now a central figure in another generational business scandal because of the market for his talents: Mr. Ray is in high demand when something, somewhere has gone horribly wrong.
Source: Does FTX’s New CEO Have the Worst Job in Corporate America? – WSJ