Chapter
The Political Corruption Story Behind FTX
31:19 - 36:05 (04:46)
The bankruptcy managing company, FTX, is under fire for their involvement in political corruption. Sam Bankman-Fried, leader of FTX, has been indicted for giving money to other people to then give to politicians in order to get around campaign finance restrictions.
Clips
FTX, the company managing the bankruptcy, is asking for money that has been given to politicians, leading to a political corruption story.
31:19 - 33:45 (02:25)
Summary
FTX, the company managing the bankruptcy, is asking for money that has been given to politicians, leading to a political corruption story. The indictment of Sam Bankman-Fried for a massive straw donor scheme reveals that he was giving money to other people to then give to politicians to bypass restrictions on campaign finance.
ChapterThe Political Corruption Story Behind FTX
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
A discussion about the hypocrisy of claiming to do something about campaign finance when billionaire donors can put millions of dollars into elections with no repercussions.
33:45 - 36:05 (02:20)
Summary
A discussion about the hypocrisy of claiming to do something about campaign finance when billionaire donors can put millions of dollars into elections with no repercussions. The recent FTX lawsuit may have motivated action from regulators, but the issue remains a giant hose of dark money and unregulated donations.