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Going Infinite
''Going Infinite: The Rise and Fall of a New Tycoon'' is a 2023 book by Michael Lewis about Sam Bankman-Fried, a fraudster who founded the failed cryptocurrency exchange FTX. The book's publication date, October 3, 2023, coincided with the beginning of Bankman-Fried's trial on seven counts of fraud and money laundering. On November 2, 2023, in the case of '' United States v. Bankman-Fried'', Bankman-Fried was convicted of all seven counts of fraud, conspiracy, and money laundering. The book is an intimate account of Bankman-Fried's character and relationships, and stems from hundreds of interviews and unparalleled access that continued even after FTX collapsed in 2022. The book claims that the eight billion dollars prosecutors say were embezzled by Bankman-Fried may not have actually been stolen, and alleges that Bankman-Fried unsuccessfully sought to bribe Donald Trump to not run again for president. ''Going Infinite'' has been criticized for being excessively credulous a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Lewis
Michael Monroe Lewis (born October 15, 1960) Gale Biography In Context. is an American author and financial journalist. He has also been a contributing editor to '' Vanity Fair'' since 2009, writing mostly on business, finance, and economics. He is known for his nonfiction work, particularly his coverage of financial crises and behavioral finance. Lewis was born in New Orleans and attended Princeton University, from which he graduated with a degree in art history. After attending the London School of Economics, he began a career on Wall Street during the 1980s as a bond salesman at Salomon Brothers. The experience prompted him to write his first book, '' Liar's Poker'' (1989). Fourteen years later, Lewis wrote '' Moneyball: The Art of Winning an Unfair Game'' (2003), in which he investigated the success of the Oakland Athletics baseball team and their general manager Billy Beane. His 2006 book '' The Blind Side: Evolution of a Game'' was his first to be adapted into a film, '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Hiltzik
Michael A. Hiltzik (born November 9, 1952) is an American columnist, reporter and author who has written extensively for the ''Los Angeles Times''. In 1999, he won a beat reporting Pulitzer Prize for co-writing a series of articles about corruption in the music industry with Chuck Philips."Michael Hiltzik." Marquis Who's Who, 2009. Reproduced in Biography Resource Center. Farmington Hills, Michigan: Gale, 2009. http://galenet.galegroup.com/servlet/BioRC. Document Number: K2016804504. Fee. Accessed via Fairfax County Public Library. He won two Gerald Loeb Awards for Distinguished Business and Financial Journalism. Career Hiltzik was a journalist at the ''Buffalo Courier-Express'' in (Buffalo, New York) in 1974–1978 . He was a staff writer at the '' Providence Journal-Bulletin'' (Providence, Rhode Island) 1979–1981. He joined ''The Los Angeles Times'' as a financial writer from 1981 to 1983 and was its financial correspondent in New York City 1982–1988, Nairobi bureau chie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wired (magazine)
''Wired'' is a bi-monthly American magazine that focuses on how emerging technologies affect culture, the economy, and politics. It is published in both print and Online magazine, online editions by Condé Nast. The magazine has been in publication since its launch in January 1993. Its editorial office is based in San Francisco, California, with its business headquarters located in New York City. ''Wired'' quickly became recognized as the voice of the emerging digital economy and culture and a pace setter in print design and web design. From 1998 until 2006, the magazine and its website, ''Wired.com'', experienced separate ownership before being fully consolidated under Condé Nast in 2006. It has won multiple National Magazine Awards and has been credited with shaping discourse around the digital revolution. The magazine also coined the term Crowdsourcing, ''crowdsourcing'', as well as its annual tradition of handing out Vaporware Awards. ''Wired'' has launched several in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apple TV+
Apple TV+ is an American subscription over-the-top streaming service owned by Apple. The service launched on November 1, 2019, and it offers a selection of original production film and television series called Apple Originals. The service was announced during the Apple Special Event of March 2019, where entertainers from Apple TV+ projects appeared onstage, including Jennifer Aniston, Oprah Winfrey, and Steven Spielberg. The service can be accessed through Apple's website and through the Apple TV app, which has gradually become available on many Apple devices and some major competing digital media players, including some smart TV models and video-game consoles. Apple TV+ has over 45 million paid memberships. Apple plans to expand the services' availability, and there are workarounds for subscribers whose device is not presently supported. Access is included as part of the Apple One subscription. Most of the content is available in Dolby Vision profile 5 and Dolby At ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York (magazine)
''New York'' is an American biweekly magazine concerned with life, culture, politics, and style generally, with a particular emphasis on New York City. Founded by Clay Felker and Milton Glaser in 1968 as a competitor to ''The New Yorker'' and ''The New York Times Magazine'', it was brasher in voice and more connected to contemporary city life and commerce, and became a cradle of New Journalism. Over time, it became more national in scope, publishing many noteworthy articles about American culture by writers such as Tom Wolfe, Jimmy Breslin, Nora Ephron, Pete Hamill, Jacob Weisberg, Michael Wolff (journalist), Michael Wolff, John Heilemann, Frank Rich, and Rebecca Traister. It was among the first "lifestyle magazines" meant to appeal to both male and female audiences, and its format and style have been emulated by many American regional and city publications. ''New York'' in its earliest days focused almost entirely on coverage of its namesake city, but beginning in the 1970s, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Number Go Up
''Number Go Up: Inside Crypto's Wild Rise and Staggering Fall'' is a 2023 book by the investigative journalist Zeke Faux which takes a critical look at the world of cryptocurrency. The book discusses crypto-related topics including Sam Bankman-Fried and the 2022 collapse of cryptocurrency exchange FTX, Razzlekhan, and pig butchering scams. The book was on the best books of 2023 lists of many major publications including ''Wired'', the ''Washington Post'', the ''Los Angeles Times'', and the ''Financial Times''. Faux explained that the title of the book was inspired by something he heard during a conference he was attending, " t wassomething I heard a Bitcoin guy say...and he was like, if the price goes up, it gets people excited. The more people will buy, then the price will go up more. And before you know it, like to the moon. And I thought that was kind of laughable. But I really think that's kind of what's been happening these last couple of years." See also * ''Going I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zeke Faux
Zeke Faux is an American journalist and author. He is an investigative reporter for Bloomberg News. He is a national fellow at New America. Faux has a BA in history from Cornell University. In 2019, Faux received the Gerald Loeb Award (explanatory business reporting) and the Silver Gavel Award (fostering public understanding of the law) for the 2018 Bloomberg News investigative series "Sign Here to Lose Everything". The reports exposed how predatory lenders deprived borrowers of due-process rights. The Loeb Award provides the text of the award-winning articles: . He was a finalist with Zachary R. Mider for the 2019 National Magazine Award. In 2023, Faux published the book ''Number Go Up ''Number Go Up: Inside Crypto's Wild Rise and Staggering Fall'' is a 2023 book by the investigative journalist Zeke Faux which takes a critical look at the world of cryptocurrency. The book discusses crypto-related topics including Sam Bankman- ...'', a critical examination of the world of c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Washington Post
''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington metropolitan area and has a national audience. As of 2023, the ''Post'' had 130,000 print subscribers and 2.5 million digital subscribers, both of which were the List of newspapers in the United States, third-largest among U.S. newspapers after ''The New York Times'' and ''The Wall Street Journal''. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. In 1933, financier Eugene Meyer (financier), Eugene Meyer purchased it out of bankruptcy and revived its health and reputation; this work was continued by his successors Katharine Graham, Katharine and Phil Graham, Meyer's daughter and son-in-law, respectively, who bought out several rival publications. The ''Post ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Ledbetter
James Lester Ledbetter Jr. (October 9, 1964 – October 28, 2024) was an American author, journalist and editor based in New York City. Career Ledbetter established his national profile in journalism through a clever ruse. In 1985, as a Yale University undergraduate and avowed progressive, Ledbetter decided to impersonate a right-wing, Reaganite student zealot. He went to the Washington D.C. offices of Accuracy in Academia, a neo-McCarthyite watchdog group, and successfully had himself recruited to join. AIA's mission on the college campuses of the 1980s was to compile lists of allegedly "unpatriotic" left-wing professors, and to submit these lists to the Reed Irvine-led group Accuracy in Media, who would then publicize the names as a warning to American college students nationally to avoid these allegedly "anti-American" academics. Ledbetter then (as an undergraduate) published a scathing exposé of Accuracy in Academia, "Campus Double Agent," in the December 30, 1985, issue of ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitcoin
Bitcoin (abbreviation: BTC; Currency symbol, sign: ₿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source software, open-source implementation. In 2021, Bitcoin in El Salvador, El Salvador adopted it as legal tender. It is mostly seen as an investment and has been described by some scholars as an economic bubble. As bitcoin is pseudonymous, Cryptocurrency and crime, its use by criminals has attracted the attention of regulators, leading to Legality of cryptocurrency by country or territory, its ban by several countries . Bitcoin works through the collaboration of computers, each of which acts as a Node (networking), node in the peer-to-peer bitcoin network. Each node maintains an independent copy of a public distributed ledger of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cryptocurrencies
A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership records are stored in a digital ledger or blockchain, which is a computerized database that uses a consensus mechanism to secure E-commerce, transaction records, control the creation of additional coins, and verify the transfer of coin ownership. The two most common consensus mechanisms are proof of work and proof of stake. Despite the name, which has come to describe many of the fungibility, fungible blockchain tokens that have been created, cryptocurrencies are not considered to be Currency, currencies in the traditional sense, and varying legal treatments have been applied to them in various jurisdictions, including classification as Commodity, commodities, Security (finance), securities, and currencies. Cryptocurrencies are generally viewed as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ponzi Scheme
A Ponzi scheme (, ) is a form of fraud that lures investors and pays Profit (accounting), profits to earlier investors with Funding, funds from more recent investors. Named after Italians, Italian confidence artist Charles Ponzi, this type of scheme misleads investors by either falsely suggesting that profits are derived from legitimate business activities (whereas the business activities are non-existent), or by exaggerating the extent and profitability of the legitimate business activities, leveraging new investments to fabricate or supplement these profits. A Ponzi scheme can maintain the illusion of a sustainable business as long as investors continue to contribute new funds, and as long as most of the investors do not demand full repayment or lose faith in the non-existent assets they are purported to own. Some of the first recorded incidents to meet the modern definition of the Ponzi scheme were carried out from 1869 to 1872 by Adele Spitzeder in German Empire, Germany and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
