Financial Times (December 7)
“Not only does Bankman-Fried appear to be lacking in shame; he seems almost contemptuous towards those who feel complex moral emotions.” Feeling embarrassed is not sufficient “when we are talking about as much as $8bn having gone missing, as many as 1mn creditors having lost their money, and a collapsed $32bn crypto empire being investigated by criminal prosecutors for alleged fraud on a vast scale (which Bankman-Fried denies).”
Tags: $8bn, Bankman-Fried, Collapsed, Complex, Contemptuous, Creditors, Criminal prosecutors, Crypto, Embarrassed, Feeling, Investigated, Lacking, Missing, Moral emotions, Shame, Sufficient
Euromoney (April Issue)
“There is a strong feeling abroad that Europe is making good progress on the road to banking union, with a credible regulator in the European Central Bank soon subjecting banks to uniform regulation and chipping away at some of the fudges on asset quality that national regulators have previously winked at.”
Tags: Asset quality, Banking union, Banks, ECB, Europe, Feeling, Progress, Regulation, Regulator
