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Showing posts with the label alameda

Thank you very much. We appreciate it. A$$?ole.

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I recently added Acquired to my go-to podcast short list and picked the Enron story from 2022. The story comes out hot on the heels of the FTX scandal/tragedy/fraud because of their similarities (and why the regulation that came after it helped prevent other Enrons). It's a long episode (1h 50m) but it's narrated so well and the story is so riveting that I didn't even notice. Theres this passage that I found interesting about half-measures and how they can and will be gamed (emphasis mine):