Re:What Happened at Alameda Research
by DebtDeflation on Tuesday November 15, 2022 @10:37AM
(#33610436)
There's an even bigger difference between donating and pledging to donate.
Salame donated $26.4M to individual GOP politicians and another $2-3M to GOP political organization.
SBF donated $39.8M to Democratic politicians and organizations.
Not all that different.
The $1B pledge was realistically never going to happen, just as his offer to loan Musk $3B to buy Twitter was never going to happen. Even in the best of times he never would have been able to extract that kind of real money from his operation within a short time.
Salame donated $26.4M to individual GOP politicians and another $2-3M to GOP political organization.
SBF donated $39.8M to Democratic politicians and organizations.
Not all that different.
The $1B pledge was realistically never going to happen, just as his offer to loan Musk $3B to buy Twitter was never going to happen. Even in the best of times he never would have been able to extract that kind of real money from his operation within a short time.