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>the SEC and CFTC are implicated Do we have a hard paper trail? Not that I doubt it, but I know apologists who will and it would be nice to have more than 'Gen

by boppo1 4y ago

>the SEC and CFTC are implicated Do we have a hard paper trail? Not that I doubt it, but I know apologists who will and it would be nice to have more than 'Gensler took a class by the Alameda CEO's dad once". I sure hope someone who knows how to dig is working on connecting these dots and just being quiet about it. Because I haven't seen anything substantive and these regulators are going to get away with no one the wiser.

TacticalCoder 4y ago
Well Elon Musk just tweeted that because they all democrats nothing will happen during the current administration. It's very sad if there's not even an investigation but, as usual, it's likely that the crooks at the top are going to stay free. I'm not so sure however that they'll keep the exact same jobs. > Do we have a hard paper trail? Not that I doubt it, but I know apologists who will and it would be nice to have more than 'Gensler took a class by the Alameda CEO's dad once". They're all tied. The ex-CFTC commissioner (the one who just deleted his Twitter account) used to work with Gensler too. SBF's father is a well connected Stanford professor teaching tax laws and who's on air saying he's helping FTX with regulations. These guys obviously all know each other. It's more than just one coincidence. It's many coincidences. As a sidenote Stanford as been behind quite a few very interesting characters recently: Elizabeth Holmes, SBF, SBF's two parents (one of them being implicated for sure even though he'll surely claim he had no idea what is son was doing). Maybe it's time they were to teach integrity and ethics at Stanford? Oh, wait, someone posted here on HN that SBF's parents "are Stanford lawyers who specialize in compliance and ethics.". I'm not sure there won't be some cleaning done at both Stanford and the MIT even if these people aren't indicted. It's kinda bad looking on your institution when the head of the department of Economics happen to be the dad of the CEO of the biggest scam since Enron. It's also bad looking when your tax law teachers were helping the biggest scam get licenses to operate as regulated entities. Even if nobody goes to jail, who's ever going to look at these people with any ounce of respect?

by boppo1 4y ago

TacticalCoder 4y ago

Well Elon Musk just tweeted that because they all democrats nothing will happen during the current administration. It's very sad if there's not even an investigation but, as usual, it's likely that the crooks at the top are going to stay free. I'm not so sure however that they'll keep the exact same jobs. > Do we have a hard paper trail? Not that I doubt it, but I know apologists who will and it would be nice to have more than 'Gensler took a class by the Alameda CEO's dad once". They're all tied. The ex-CFTC commissioner (the one who just deleted his Twitter account) used to work with Gensler too. SBF's father is a well connected Stanford professor teaching tax laws and who's on air saying he's helping FTX with regulations. These guys obviously all know each other. It's more than just one coincidence. It's many coincidences. As a sidenote Stanford as been behind quite a few very interesting characters recently: Elizabeth Holmes, SBF, SBF's two parents (one of them being implicated for sure even though he'll surely claim he had no idea what is son was doing). Maybe it's time they were to teach integrity and ethics at Stanford? Oh, wait, someone posted here on HN that SBF's parents "are Stanford lawyers who specialize in compliance and ethics.". I'm not sure there won't be some cleaning done at both Stanford and the MIT even if these people aren't indicted. It's kinda bad looking on your institution when the head of the department of Economics happen to be the dad of the CEO of the biggest scam since Enron. It's also bad looking when your tax law teachers were helping the biggest scam get licenses to operate as regulated entities. Even if nobody goes to jail, who's ever going to look at these people with any ounce of respect?