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My only regret about this is that we won’t be treated to an absolutely bonkers House committee hearing with Sam this week.
by aaronbrethorst 4y ago
My only regret about this is that we won’t be treated to an absolutely bonkers House committee hearing with Sam this week.
- hn_throwaway_99 4y agoI still think it will be pretty bonkers. Someone else posted FTX's restructuring CEO's opening statement for tomorrow morning, https://news.ycombinator.com/item?id=33962193 https://news.ycombinator.com/item?id=33962193. With comments like the one below, I'm interested to see how many bombshells are dropped: > Nearly all of these situations share common characteristics, ranging from gross mismanagement, excessive leverage, failures of internal controls, failures of external checks as a result of audit firm failures, or insufficient board governance. But never in my career have I seen such an utter failure of corporate controls at every level of an organization, from the lack of financial statements to a complete failure of any internal controls or governance whatsoever."\
- aaronbrethorst 4y agoThat opening statement is remarkable. Thanks for sharing the link.