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Author of The Big Short: SBF believes that the role of other board members is just a rubber stamp
2023-10-02 09:13
Odaily News The Big Short author Michael Lewis said in an interview with CBS that SBFs fund management of FTX is chaotic. When Lewis asked SBF how to clearly distinguish the $8 billion is not yours, but is in your private fund. SBF responded: When it goes in there, its a rounding error...it feels like we have infinite dollars...I havent even thought about it. Good friends also say, Hes not made for management. Lewis added that SBF did not know the names of other board members and seemed to view their role as just a rubber stamp. (coindesk)