Cultivating the Pull Peddlers

You’ve got to hand it to Sam on one issue: he knew exactly which political actors and media outlets to curry favor with. At least for a while, they’re going to do their best to draw attention away from his, ahem, more “questionable” schemes.

Harnessing the enormous wealth created by FTX, the cryptocurrency exchange that Sam Bankman-Fried had founded, they undertook a project to spend potentially billions of dollars on pandemic prevention, a long-neglected priority on Capitol Hill even amid the coronavirus crisis. The plan, drawn from the brothers’ adherence to a philosophy called effective altruism, sought to maximize philanthropic giving in ways that can have the most impact.

In the months leading up to FTX’s crash, the Bankman-Frieds and their network had rapidly increased their spending on pandemic-prevention initiatives, according to a review of funding announcements, political donations and lobbying disclosures — record-breaking sums and unconventional choices that sometimes astounded political and public health experts.

 

6 Replies to “Cultivating the Pull Peddlers”

  1. He just bought the Democrats the Senate, so either he skates, or the cameras fail in his prison cell at exactly the right moment.

    Turns out that you can buy a heck of a ground game with the 200 million dollars SBF and Soros gave the Democrats.

  2. It looks like the Ontario Teachers Pension Fund made a rare booboo with this one…

    zerohedge @zerohedge · 1h
    Ontario Teachers’ Writing Down Investment in FTX to Zero

  3. When Bernie Madoff’s Ponzi scheme fell apart, the trustee handling the case recovered a surprising percentage of the creditors’ money using “clawbacks” (making people who had actually made money in the Ponzi scheme pay back the money).

    I won’t hold my breath waiting for clawbacks in this case, since many of the people getting money were Dem politicians and woke left wing groups.

  4. Sam Bankman and his hideous girlfriend’s sex tape will be released tomorrow on Twitter (Friday the 18. Nov 2022)

    Elon has responded to some folks tweeting about this, it looks like it’s going forward.

    Sam is apparently still outside his home in the Bahamas regularly. Doesn’t seem too concerned of how there are 1000’s of people who have lost life savings due to his activities, and any one of them could be a suspect if anything were to happen to them.

Navigation