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IPFS News Link • Worlds Wealthiest People

Two Antithetical Billionaires

• https://www.zerohedge.com by Victor Davis Hanson

He properly grew up on the Stanford campus, where his parents were well-known left-wing activist law professors. He went to a tony prep school and on to MIT. 

Bankman-Fried mocked society's bourgeois capitalist conventions by dressing and looking like a slob in cut-offs and T-shirts. 

Indeed, he bested the nose-ring, Charles Manson-esque appearance of former Twitter CEO Jack Dorsey. He outdid the all-black, Steve Jobs copy-cat get-up of another fallen leftist icon, the now-convicted felon Elizabeth Holmes of Theranos infamy.

The Left canonized Bankman-Fried for the hundreds of millions of dollars he created out of thin air and channeled to left-wing congressional and state candidates, Joe Biden, and a host of "progressive" causes under the cool slogan "effective altruism." 

For decades hence—or so Bankman-Fried promised—his cryptocurrency company FTX would churn out billions. Its politically correct gifting won exemptions from the Federal Trade Commission, the Securities and Exchange Commission, and Democratic-controlled congressional oversight committees.

The loud-talking, left-wing slob promised billions of dollars more in gifts to come. He was knighted as the successor to the kindred financial market manipulator and progressive "philanthropist" George Soros. 

SBF may have been a sloppy, immature fool, but he was no dummy. 


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