Remove tag insolvency law
article thumbnail

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
article thumbnail

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 it was a patriarch, former military guy, had the discussions at his house, not a law firm. I’ve always looked askance at Russia because there is no respect for private property, for contract rights, for rule of law.