Marc Cohodes spent decades on Wall Street as a wildly successful short seller and co-owner of the 2 billion dollar fund Copper River Management. He left the business after the 2008 housing collapse and, after a brief hiatus, emerged as a lone-wolf independent investor on a mission to take down […]
Today’s Economic Challenges Exacerbated by Ponzi Schemes
To begin with, we have the ongoing national debt Ponzi scheme being perpetrated on US taxpayers. The unsustainable national debt is the elephant in the room that the ruling class and the media refuse to talk about. Under President George W Bush, the national debt doubled, from $5 to $10 trillion. […]
DailyClout Morning News Roundup
Late Monday night into Tuesday morning is proving to kick an already hyped-up news atmosphere into another gear. Elon Musk’s takeover of Twitter is having an instantaneous effect on news consumption, as he’s thrown the gates of conversation wide open. That in itself is news, and the results of online […]
FTX Scandal: Most Viewers No Longer Hold Shares In Cryptocurrency
Social Media Poll According to our social media polls this past week, the majority of our viewership no longer hold shares in cryptocurrency amidst the FTX scandal. 75.6% percent of voters on Twitter say they no longer hold shares in cryptocurrency, while 24.4% say they still do. […]
Sam Bankman-Fried Describes the Co-Mingling of Funds between FTX and Alameda Research
Sam Bankman-Fried’s First Live Appearance since the FTX Collapse Sam Bankman-Fried of the now infamous FTX collapse participated last night in the NY Times DealBook Summit, in what was his first live public video appearance since the collapse. Aaron Ross Sorkin conducted the interview, which lasted well over an hour. […]
The Spectacular Collapse of FTX – A Roundup
Sam Bankman-Fried, the founder of FTX, which grew to become the 2nd largest cryptocurrency exchange in the world, was accused of fraud last month when he filed for bankruptcy on behalf of FTX and his partner company, Alameda Research, a cryptocurrency trading firm. FTX is accused of using their client’s […]
FTX Scandal Explained in 99 Seconds
A scandal erupted over the past week in the world of cryptocurrencies. A cryptocurrency company called FTX, founded by a man named Sam Bankman-Fried has imploded and wiped out billions of real-world dollars. This story is still in its infancy of being fully understood and has serious geo-political implications, with […]