Sat.Oct 07, 2023

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MiB: Michael Lewis on SBF & FTX

Barry Ritholtz

  This week, we speak with Michael Lewis, whose latest book is “ Going Infinite: The Rise and Fall of a New Tycoon , ” on FTX founder Sam Bankman-Fried. He takes readers into the mind of Bankman-Fried, whose rise and fall offers an education in high-frequency trading, cryptocurrencies, philanthropy, bankruptcy, and the justice system. We discuss his writing process, and what made this book so different than his prior ones: A focus on personalities instead of some broad social upheaval.

Education 131
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GST Council Meeting: Tax rates slashed on millet products, molasses and other key decisions

CFO News

The Goods and Services Tax (GST) Council in India has decided to reduce the GST on millet flour in powder form from 18% to 5%. The move aims to make nutritious food items more accessible to the public. The council also exempted alcohol for human consumption from the indirect tax, while extra neutral alcohol (ENA) for industrial use will still attract GST.

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • In Ukraine, explosive DIY drones give an intimate view of killing : First-person view, or FPV, drones — fast, highly-maneuverable, and relatively cheap craft flown by an operator wearing a headset receiving the drone’s video feed in real time — are now the predominant attack drone in Ukraine.