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Some Final Thoughts On San Bankman Fried


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2023 Nov 7, 5:31am   392 views  6 comments

by ohomen171   ➕follow (2)   💰tip   ignore  

#sambankmanfried Sam Bankman Fried is now in my sights. When I wrote my Op-Ed a few days ago, I gave a predicted sentence range for Sam of 20-22 years, most probable with a high range of 30 years.
Yesterday assistant U.S. attorneys who had practiced in U.S. District Judge Kaplan's court were polled on the possible sentences for Sam. The projected sentences ranged from 11.25 years to 25 years.
When March 28, 2024, comes up, US Marshals will take Sam in chains to court. U.S. District Judge Kaplan will have a most detailed pre-sentence report from the U.S. Probation Service that will include a sentence recommendation based on the Federal Sentencing Guidelines. The U.S. Attorney's Office will submit a sentencing memorandum. It will have a sentence recommendation that is always higher than the probation recommendation. Normally judges side with the probation officer.
The amount of money is stunning. However, Sam's legal team will say to the judge something like the following:
"You Honor, the victims in these charges suffered no prejudice." In other words, the missing $8 billion was recovered with bankruptcy lawyers and officials receiving some $1 billion U.S. dollars in fees. Sam will be a man with no prior criminal record. He will have an outstanding academic background, etc.
After having finished the book, one thing caused me agonizing thoughts. How can a man who was raised by a law professor and given every advantage in life go bad?
Michael Lewis gives one subtle clue in the book. When talking about Sam's upbringing, he commented that his parents were dazzled by his genius. They let him raise himself.
What also amazed me was that there was a total lack of checks and balances inside FTX, Alameda Research, the 105 venture capitalists, and lenders of the stature of Morgan Stanley. No one was checking what was going on with billions of dollars.
Two sayings come to mind here as follows:
"Absolute power corrupts absolutely."

"If you want to find out a person's true character, give them power."
Please reflect on these sayings and the life of Sam Bankman Fried.

Comments 1 - 6 of 6        Search these comments

1   Ceffer   2023 Nov 7, 10:23am  

"Watch the swinging Sam. Back, and forth. You are getting sleepy, sleepy. Repeat after me, THE CIA WAS NOT INVOLVED. THERE WAS NO CIA. THERE WAS NO SEC. THERE WAS NO MIT. When you see the queen of diamonds, you will repeat, it was ONLY SAM. I'll snap my fingers and you will awake feeling refreshed and happy."
2   casandra   2023 Nov 7, 11:05am  

Parents raised a monster!

Lost is company, his freedom, and his beautiful girlfriend all in the name of GREED!
3   Ceffer   2023 Nov 7, 11:09am  

It's the nebbishing of the boiler room psyops and Intel Ponzis/Laundromats. They have the fake trials theaters down to a fine art now. At least the PTB acknowledge that there is some power in hoodwinking the public still.
4   clambo   2023 Nov 7, 1:06pm  

He and his parents are all assholes who feel privileged.

The dumb clients were greedy "crypto bros" who wanted to get rich quickly.

The Democrats took the money SBF gave them, since they don't care who gives them money.

He should get waterboarded and 100 years, but he won't.
5   Ceffer   2023 Nov 9, 9:14am  

Keep your eyes on the Sam, and only the Sam. Repeat, "There never was a CIA in the room, there was no Ponzi boiler room, there was no State affiliated crypto laundering, there was only SAM. The politicians receiving the stolen grift are INNOCENT."

6   Ceffer   2023 Nov 9, 9:40am  

"Watch the patsy celebrities. Sue them. Repeat, there was NO CIA, NO MIT, NO SEC, politicians receiving the laundered, purloined Ponzi monies are all INNOCENT."

https://t.me/qthestormrider777/18268

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