Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover

Re:Binance Is Strongly Leaning Toward Scrapping FTX Rescue T... by johnvanommen on Wednesday November 09, 2022 @10:57AM (#33533438)

I was thinking the same thing.

This reminds me of 2008, when companies were trying to get "rescued", such as Lehman, but Lehman couldn't make a compelling argument why they were worth acquiring, once the accounting books were opened.

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Re:Binance Is Strongly Leaning Toward Scrapping FTX Rescue T... by new2this on Wednesday November 09, 2022 @04:24PM (#33538056)

"Fools Gold" does a great job of documenting this contagion effect (among other things) during the 2008 crash. Highly recommend

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Re:Binance Is Strongly Leaning Toward Scrapping FTX Rescue T... by johnvanommen on Monday November 14, 2022 @01:29AM (#33590789)

Thanks! I'll check it out.

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