Gee, ya think?March 3, 2023 Tim WorstallFinance8 CommentsFTX Has ‘Massive Shortfall’ in Assets, Say Bankruptcy Lawyers previousThis works very nicely in factnextInteresting research 8 thoughts on “Gee, ya think?” Arthur the cat March 3, 2023 at 2:52 pm In 1649 Charles I had “Massive Shortfall” in Head Assets, say historians. Tim the Coder March 3, 2023 at 4:18 pm “The balance sheet has developed in ways not wholly to FTX’s advantage” I sneeze in threes March 3, 2023 at 5:53 pm O/T the AI generated image of a handsome British man was somewhat surprising, or maybe it wasn’t? https://www.dailymail.co.uk/travel/article-11816267/The-50-attractive-nationalities-revealed-India-No-1-USA-second-Uk-handsome-men.html philip March 3, 2023 at 6:15 pm At peak FTX was valued north of $25 billion. Compare this with CME group, $77 billion. FTX dicks around with some invented currency for amateurs. CME group is Chicago Mercantile, Chicago Board of Trade, Kansas Board of trade, Dubai ME, Dow Jones Index, London NEX. It deals round the clock with shares, commodities, futures, currencies, etc, etc. How anyone thought a piffling little Bermuda outfit was worth anywhere near the value of CME is a mystery. A fool and his money are easily parted. Which is a good thing for capitalism. John March 3, 2023 at 6:57 pm I sneeze Before producing its image of a typical Englishman the computer must have been force-fed a diet of our tv ads. dearieme March 3, 2023 at 7:46 pm “How anyone thought a piffling little Bermuda outfit was worth anywhere near the value of CME is a mystery.” Especially since it was in the Bahamas. bobby b March 3, 2023 at 9:20 pm They ought to have some legal process a bankrupt company can follow when it has a massive shortfall of funds like that that would allow it to close or struggle on. Tim the Coder March 3, 2023 at 10:04 pm It’s a great way to sharpen razor blades 🙂 Leave a ReplyYour email address will not be published. Required fields are marked *Name * Email * Website Comment * Save my name, email, and website in this browser for the next time I comment.