Comments by "Samson Soturian" (@samsonsoturian6013) on "FTX Bankruptcy Explained!" video.

  1. I imagine there's a couple hours worth of outtakes.
    2
  2. With those limited edition shoes/clothes you can actually flip them for a profit. You just have to fly to another city, wait in line all night, buy what you can, then auction them off later. One full time dealer says his sales is over 50 grand a year which covers expenses and a decent living. Apparently there's no shortage of chumps with money to burn.
    2
  3. Ponzi schemers mostly. An unregulated bank behaves exactly like you'd expect.
    2
  4. I'll wager that's in there. Pretty standard as a means for avoiding corporate taxes. It only goes so far, as you're still taxed for income earned in the US.
    1
  5. Not exactly. Often the most "gullible" people are the ones that think they can outsmart the crowd, get in before the hype, get out before the panic.
    1
  6. 10:00 I actually died laughing. You really can't make this stuff up!
    1
  7. Vhut? The books are junk, they just happened to go viral with 90s kids
    1
  8. Do you have a death wish?
    1
  9. False, and if you press the matter, I will have you pressed into the Ukrainian Foreign Legion.
    1
  10. Ms. Ellison certainly wrote at a child's grade level and by her own statement she was not good at math. Also, Harry Potter is loaded with plot holes which is why the more recent movies are ridiculed now that the fanbase are grown. Also, Ms. Elison is my age, which is a lot less life experience than you'd expect from a manager. Allegedly all the execs were just as incompetent. Ten people consisting of Sam, his college buddies, and their girlfriends or even ex-girlfriends all living and working out of a mansion in the Bahamas.
    1
  11. She was previously fired from Credit Suisse. That company wasn't involved
    1
  12. Ha
    1
  13. Credit Swiss also lost money
    1
  14. Luxury living, YouTuber promotes, Superbowl ads, charity, campaign donations. All those billions were paper value, actual customer deposits were far less.
    1
  15. Ms Ellison is my age, and she sounds like the people I've met working at Renaissance fairs. Not sure why she'd even be interested in investment banking... But she's the right age to be dating SBF. I guess all elaborate corporate networks are just a ma and pa venture when it comes down to it....
    1
  16. The turn revolution was coined because new boss is same as old boss. I.E. the wheels of change have turned, and we're back where we started. In this case, banks exist because their fees and losses are actually less than the cost of individuals storing/investing their money
    1
  17. No, and if you press the matter I will personally DDOS attack you.
    1
  18. They weren't stupid of ugly, bozo
    1
  19. Ponzi schemes always have convoluted payoffs in order to not look like ponzi schemes.
    1
  20. Subtle...
    1
  21. You can shut up.
    1
  22. Softbank is into everything, not just shady stuff
    1