Remove tag insolvency
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Bankrupt Celsius, investors clash over former CFO advisory role, allege double dipping

CFO Dive

Investors are taking steps to block Celsius from tapping former CFO Rod Bolger as a bankruptcy advisor, a bid that comes with a costly $92,000 monthly price tag for the insolvent company.

CFO 152
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Transcript: Michael Lewis on SBF & FTX

Barry Ritholtz

Can I just tag along? Not, not only they may get paid back, but the implication is, hey, if they had accounting and, and A C F O, where is it possible that they were never truly insolvent If you take all their assets and add ’em up, might they not have needed to go into bankruptcy if there was an adult in the room running the place?

Math 60
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Transcript: Robert Koenigsberger

Barry Ritholtz

Bank of America decided they wanted to sell their branch in Lima, Peru, and the price tag was a million dollars. So when we look at an 8 cent security, we’re not hearing from the company, we’re not going to pay you, and we’re not seeing insolvency. KOENIGSBERGER: That’s right. I’m like 25 years old.