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John Ray III

s.b.f sam bankman-fried

The Final Days of S.B.F. & FTX

A new report from FTX’s court-appointed examiner reveals, in new and sordid details, the gruesome internal dynamics inside the House of S.B.F.
William D. Cohan • September 29, 2024
William D. Cohan • July 30, 2023
The Latest S.B.F. Legal Saga
S.B.F.’s biggest problem continues to emanate from John J. Ray III, the new FTX C.E.O., who has made it his mission to recover as many assets as possible for the bankrupt estate and its forlorn creditors and customers.
A talmudic reading of FTX C.E.O. John Ray’s latest report.
Theodore Schleifer & William D. Cohan • July 25, 2023
Griffin vs. Dimon & The S.B.F. Delusion
Ken Griffin has always been a politically aware center-right rich guy, sure, but he’s ascended to a new level on the G.O.P. donor Mount Rushmore after Trump.
A conversational power ranking of the top donors on Wall Street: Effron, Fink, Wolf, Schwarzman, and more. Plus notes on Ken Griffin’s DeSantis bet, Dimon’s ’24 flirtation, and whether S.B.F. is destined for the clink.
John J. Ray’s second interim report, filed at the tail end of June to the FTX independent directors and the Delaware bankruptcy court, is a doozy.
William D. Cohan • July 12, 2023
The S.B.F. Legal Colonoscopy, Part 2
In his second interim report on the FTX disaster, interim C.E.O. and financial catastrophe auditor to the stars John J. Ray describes a Bosch painting of stunning criminal machinations by Sam Bankman-Fried and his principal internal attorney, Daniel Friedberg. Herewith, a Talmudic reading...
FTX interim C.E.O. John J. Ray III wrote that the lack of records and controls at S.B.F.’s company was so “pervasive,” that he and his team had to “start from scratch,” in order to “simply identify the assets.”
William D. Cohan • April 12, 2023
The S.B.F. Financial Autopsy
The first interim report by John J. Ray III, the restructuring guru and C.E.O. of the remains of FTX, depicts a horror show of moronic Gen Z hubris, financial impropriety, deceit, and so much more.
Paramount Global chairperson Shari Redstone can pretty much do whatever she wants at the now-combined entity, including replacing its C.E.O., its board and single-handedly deciding whether the company should be sold.
William D. Cohan • February 19, 2023
Shari’s Choice, An S.B.F. Twist & Apollo’s Kingdom
News and notes from the inside conversation on Wall Street: the future of Paramount Global, the latest on the FTX bankruptcy, and a close reading of a monster private equity deal.
House Financial Services Committee Holds Hearing On FTX Collapse
William D. Cohan • January 22, 2023
FTX’s Pseudo-Revival, Goldman P.R. & Gorman Succession
The latest news and notes on what’s really going down on Wall Street: the FTX bankruptcy drama, Goldman Sachs’ layoff drama, and James Gorman’s McKinsey-style succession plan.