...It was curious and ironic that Bankman-Fried and his merry band of wonderkind were so elevated by the finance press … as if he had discovered some great hitherto unknown secret to grubbing wealth unfathomable, secrets unknown to the rest of us mere mortals.
...Bankman-Fried and his friends appear to be the children of privilege – just like Elizabeth Holmes, of Theranos ill-fame, who by striking coincidence, was sentenced this week.
- ...One wonders how much of it was due to the intensely favorable press
- … and how much the assumption from those who enthusiastically backed Theranos, that ‘she’s one of us, one of the elite, well-connected, gradate of a prestigious university, the daughter of so-and-so; she couldn’t possibly intend to pull a scam on us!’
I assume that it was the same with Bankman-Fried; ‘oh, he couldn’t possibly scam us! He’s one of us!”