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→ Even behind bars, SBF shows no remorse
Back when Sam Bankman-Fried was sentenced to 25 years in prison, the judge criticised the fraudster for his “apparent lack of any remorse”. “He knew it was wrong. He knew it was criminal,” argued Judge Lewis Kaplan.
So have the last few months behind bars given the former crypto king time to reflect on his actions? Not really, according to a new report in Puck. In his first interview since his imprisonment, SBF was asked about whether his views on the trial had changed. “I got the distinct impression that Sam still doesn’t believe he committed any crimes,” writes reporter William Cohan. “Only that he was the one responsible for putting FTX in a position where it was vulnerable to a bank run and the devious actions of its competitors, not unlike how both Bear Stearns and Lehman Brothers failed in 2008.”
SBF goes on to wonder why no one at either Bear or Lehman faced criminal prosecution when he did. Fair point: lock them up too!
→ The Economist forecasts end of Western world order
If The Economist says it, it must be true. Or so goes the saying for many in the foreign-policy sphere. This week, the magazine published a surprising lead article claiming: “The liberal international order is slowly coming apart.” The cover story argues that due to a mix of sanctions, subsidy wars and fragmenting global capital flows, the world’s hard-fought international institutions are crumbling away. What’s worse, write the authors, outright war could be on the cards between the West and either China or Russia.
The order that has governed the global economy since the second world war is close to collapse. A worrying number of triggers could set off a descent into anarchy, where might is right and war is once again the resort of great powers https://t.co/84A36812ge 👇
— The Economist (@TheEconomist) May 9, 2024
The article ends on a dour note, suggesting the reader shouldn’t be encouraged by the mirage of strong American economic growth. The postwar order built by Washington may not be able to survive the impending doom it is facing. Atlanticists, look away now.
→ Meet your new AI boyfriend
Who says romance was dead? Whoever it was, AI may now actually kill it. According to the founder and former CEO of declining matchmaking app Bumble, the future of dating will involve one person’s online avatar dating someone else’s avatar before they meet in order to find the perfect match. Speaking to Bloomberg, Whitney Wolfe Herd described the experience as a “dating concierge” that would be able to “teach you how to date”, helping the user sort out various relationship issues.
Founder of Bumble enthusiastically suggests that in the future our AI’s will date each other
Everyone laughs. She responds w/ frantic sincerity “No. No. Truly”
Good vignette. Highlights how many in tech think. Full steam ahead into a bleak, bleak futurepic.twitter.com/7tpCAuuzQt
— BuccoCapital Bloke (@buccocapital) May 10, 2024
Embedded within this was arguably a last-ditch effort for the dating app to claim some relevance. Bumble, Tinder and Hinge are all facing the problem of maintaining a user base, having experienced a rapid decline in numbers. Bumble even rolled back on its key feature recently, allowing men to send the first message rather than women. Will swiping become obsolete?
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SubscribeHeadline photo: shot of Sam Bankman-Fried just before sentencing, or still from a Beastie Boys video? You decide!
Still no journalist has had the cojones to investigate the way in which US aid to Ukraine was recycled into Democrat campaign contributions via FTX in 2020.
Romance IS dead. I prefer concierges who tell me where the good restaurants are that the locals eat at.
“If The Economist says it, it must be true,” !!!
Hard to read this with a straight face.
So:
a. SBF thinks he’s committed no crimes (recent interview).
b. SBF goes on to wonder why no one at either Bear or Lehman faced criminal prosecution when he did.
c. Judge claims that SBF “knew it was wrong” but showed no remorse.
Point b. appears to contradict point a. !
It was always obvious that the whole SBF thing was a fraud.
Double the sentence. Throw away the key.
Then prosecute the bankers and all the rest of the crooks involved.
What is this ridiculous concept of looking for ‘remorse’ from people like this spoiled, entitled shitweasel? We need to hold sociopathic assholes like this accountable for their ugly behavior instead of imagining that they’re somehow going to redeem themselves.