TuscanyTile2 Posted November 13, 2022 Share Posted November 13, 2022 1 hour ago, JoeNamathsFurCoat said: This aged well I’m sure everyone who got suckered into FTX is grateful, Tommy Brady believed in it and paid the price (losing a fortune). But he can afford the losses. The little guys who got svckered into this fraud are the ones who are going to really pay the price. 2 Quote Link to comment Share on other sites More sharing options...
Bugg Posted November 13, 2022 Share Posted November 13, 2022 On 11/9/2022 at 8:56 PM, Bruce Harper said: I would be shocked if they put their own money into this crap. I’m sure they got paid in It for their endorsements. So in the end they did some commercials for free. But it’s still embarrassing. Probably paid in an equity stake which is now worthless. When you take the money people give you supposedly to invest in your crypto and back door it into your failing hedge fund, that's theft. At a loss how you invest with a guy who doesn't comb his hair or get dressed. But he is connected to MIT and Stanford, which made regulators less inclined to look into his thievery. The head of th SEC, Gary Gensler, is reportedly a professor of his and family friend. So After badgering everyone on Wall Street about PC woke nonsense that did nothing to protect investors, Gensler did NOTHING about his buddy. Also, massive campaign contributions helped with that. Madoff ripped off a bunch of actors and old ladies. This guy ripped off some very serious people, and some rumored to be eastrern European bad guys. We can now await his imminent suicide. 1 1 Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 13, 2022 Share Posted November 13, 2022 37 minutes ago, Bugg said: Probably paid in an equity stake which is now worthless. When you take the money people give you supposedly to invest in your crypto and back door it into your failing hedge fund, that's theft. At a loss how you invest with a guy who doesn't comb his hair or get dressed. But he is connected to MIT and Stanford, which made regulators less inclined to look into his thievery. The head of th SEC, Gary Gensler, is reportedly a professor of his and family friend. So After badgering everyone on Wall Street about PC woke nonsense that did nothing to protect investors, Gensler did NOTHING about his buddy. Also, massive campaign contributions helped with that. Madoff ripped off a bunch of actors and old ladies. This guy ripped off some very serious people, and some rumored to be eastrern European bad guys. We can now await his imminent suicide. Wall Street is corrupt to the core. Systemic corruption. To think otherwise is naive. 2 Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 13, 2022 Share Posted November 13, 2022 This will never happen but let's consider the following points: 1) The Jets seem like they're a legit QB away from serious SB contention 2) It's still highly questionable right now if ZW is "the guy". 3) TB12 is a UFA next year (I think) Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 13, 2022 Share Posted November 13, 2022 It's too bad so many great comedians have passed away but Tom Brady will be an excellent roast subject. Hopefully they have comedians doing the roasting rather than just celebs. https://profootballtalk.nbcsports.com/2022/05/17/tom-brady-has-a-netflix-deal-will-be-the-subject-of-a-roast/ Tom Brady has a Netflix deal, will be the subject of a roast Quote Link to comment Share on other sites More sharing options...
More Cowbell Posted November 13, 2022 Author Share Posted November 13, 2022 18 hours ago, Beerfish said: imo 'just trading' is fake revenue. You give money, it produces nothing You just hope someone else buys some and the next guy buys some so your stake goes up in value. You just described every stock exchange in the world. Quote Link to comment Share on other sites More sharing options...
Hal N of Provo Posted November 13, 2022 Share Posted November 13, 2022 8 minutes ago, More Cowbell said: You just described every stock exchange in the world. Quote Link to comment Share on other sites More sharing options...
More Cowbell Posted November 13, 2022 Author Share Posted November 13, 2022 3 hours ago, Bugg said: Probably paid in an equity stake which is now worthless. When you take the money people give you supposedly to invest in your crypto and back door it into your failing hedge fund, that's theft. At a loss how you invest with a guy who doesn't comb his hair or get dressed. But he is connected to MIT and Stanford, which made regulators less inclined to look into his thievery. The head of th SEC, Gary Gensler, is reportedly a professor of his and family friend. So After badgering everyone on Wall Street about PC woke nonsense that did nothing to protect investors, Gensler did NOTHING about his buddy. Also, massive campaign contributions helped with that. Madoff ripped off a bunch of actors and old ladies. This guy ripped off some very serious people, and some rumored to be eastrern European bad guys. We can now await his imminent suicide. He actually didn't rip off anyone. He didn't profit from what he did but he did mismanage all those assets. It’s basically an SEC violation if this was the stock market. Since Crypto is unregulated, it's going to be interesting to see what happens to Bankman Fried. This might be the first step to regulation and a central bank. 1 1 Quote Link to comment Share on other sites More sharing options...
Beerfish Posted November 13, 2022 Share Posted November 13, 2022 57 minutes ago, More Cowbell said: You just described every stock exchange in the world. Except when you are investing in a company via stocks that company is doing something to generate revenue (food, energy, tech, textiles, etc) and thus make it desirable to have and thus inflate the stock value. What do these cryptos do to generate revenue? Quote Link to comment Share on other sites More sharing options...
Embrace the Suck Posted November 13, 2022 Share Posted November 13, 2022 Presuming he lost everything. He'll be fine. The moment he doesn't want to play anymore he'll sit in a chair, and collect fat paychecks while talking football. The guy is set for life regardless. Whatever he does he'll be getting paid handsomely. It isn't like he's working in a coal mine. 1 Quote Link to comment Share on other sites More sharing options...
BRONX DUDE Posted November 13, 2022 Share Posted November 13, 2022 Maybe Gisele wants to work for money this time? Quote Link to comment Share on other sites More sharing options...
More Cowbell Posted November 13, 2022 Author Share Posted November 13, 2022 2 hours ago, Beerfish said: Except when you are investing in a company via stocks that company is doing something to generate revenue (food, energy, tech, textiles, etc) and thus make it desirable to have and thus inflate the stock value. What do these cryptos do to generate revenue? Oh, I totally agree with that but basically you are trying to invest in companies that other people will invest in. That part is the same as crypto. Crypto is more gambling but what makes it go up or down is the same as BTC Quote Link to comment Share on other sites More sharing options...
VJphillyfan Posted November 13, 2022 Share Posted November 13, 2022 17 hours ago, TuscanyTile2 said: Horse semen? Maybe try turning off mainstream news. Good luck not getting the covid with your magic cereal box ring Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 13, 2022 Share Posted November 13, 2022 8 minutes ago, VJphillyfan said: Good luck not getting the covid with your magic cereal box ring I'll be just fine. Quote Link to comment Share on other sites More sharing options...
More Cowbell Posted November 13, 2022 Author Share Posted November 13, 2022 1 hour ago, VJphillyfan said: Good luck not getting the covid with your magic cereal box ring Well, this was nice while it lasted. 1 Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 14, 2022 Share Posted November 14, 2022 2 Quote Link to comment Share on other sites More sharing options...
Matt39 Posted November 14, 2022 Share Posted November 14, 2022 1 minute ago, Barry McCockinner said: Lol Quote Link to comment Share on other sites More sharing options...
joetheman Posted November 14, 2022 Share Posted November 14, 2022 He actually didn't rip off anyone. He didn't profit from what he did but he did mismanage all those assets. It’s basically an SEC violation if this was the stock market. Since Crypto is unregulated, it's going to be interesting to see what happens to Bankman Fried. This might be the first step to regulation and a central bank. Sent from my iPhone using JetNation.com mobile app Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 14, 2022 Share Posted November 14, 2022 18 minutes ago, Barry McCockinner said: Saylor has a major interest in people not losing faith in Crypto so he has to portray this in a way that makes it seem as if the industry is legitimate (he referred to Bitcoin as a "real asset") but just that SBF was a "bad actor". Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 14, 2022 Share Posted November 14, 2022 4 minutes ago, TuscanyTile2 said: Saylor has a major interest in people not losing faith in Crypto so he has to portray this in a way that makes it seem as if the industry is legitimate (he referred to Bitcoin as a "real asset") but just that SBF was a "bad actor". You think sbf wasn't the problem here? Bitcoin is a real asset. Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 14, 2022 Share Posted November 14, 2022 8 minutes ago, Barry McCockinner said: You think sbf wasn't the problem here? Bitcoin is a real asset. The financial system is systemically corrupt. And Bitcoin is not a real asset. Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 15, 2022 Share Posted November 15, 2022 1 hour ago, TuscanyTile2 said: The financial system is systemically corrupt. Correct, that's why we have bitcoin. FTX being another bad actor isn't the fault of bitcoin. Quote Chancellor on Brink of Second Bailout for Banks Quote Link to comment Share on other sites More sharing options...
nj meadowlands Posted November 15, 2022 Share Posted November 15, 2022 Very appropriate that a dolt like Brady would get conned by griftocurrency. Quote Link to comment Share on other sites More sharing options...
Bugg Posted November 15, 2022 Share Posted November 15, 2022 16 hours ago, Barry McCockinner said: Pass all the laws you want. What this guy did was thievery and fraud. But when Mommy and Daddy and the girl's dad and Gary Gensler are all great pals and the pols have been bought off with campaign contributions, so nobody is stopping this. If the crooks are connected to the people supposed to be doing the policing, nothing will change. Quote Link to comment Share on other sites More sharing options...
Matt39 Posted November 15, 2022 Share Posted November 15, 2022 24 minutes ago, Bugg said: Pass all the laws you want. What this guy did was thievery and fraud. But when Mommy and Daddy and the girl's dad and Gary Gensler are all great pals and the pols have been bought off with campaign contributions, so nobody is stopping this. If the crooks are connected to the people supposed to be doing the policing, nothing will change. He was either their useful idiot or he knew he’d be protected. Oh well. Life isn’t fair and be careful where you put your money. 1 Quote Link to comment Share on other sites More sharing options...
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