Tag Archives: balance sheet

Sam Bankman-Fried: The fall of a Crypto Robinhood

By Guest PostNovember 15, 2022Economy, Technologyalameda research, balance sheet, bankruptcy, caroline ellison, crypto robinhood, crypto trading strategies, cryptocurrency exchange, ftx, gary wang, sam bankman fried, sbf

In May 2019 the MIT graduate Sam Bankman-Fried together with Gary Wang founded FTX cryptocurrency exchange headquartered in The Bahamas. Within years, sometime early this year, his net worth passed $26 billion. By the way he is just 30 years old, born March 6, 1992. (more…)

How the Big Three forgot Accounting 101

By Guest PostJanuary 26, 2012Economyalexander bruggen, balance sheet, brand image, customer concessions, domestic automaker, harbour report, karen sedatole, ranjani krishnan, stockholders, the big three, turnover

EAST LANSING, Mich. — The Big Three were so driven by short-term profits that they forgot – or ignored – basic accounting practices that could have guarded against production decisions with long-term damage, according to an award-winning study by Michigan State University and Maastricht University in the Netherlands. (more…)