Media treats Sam Bankman-Fried with kid gloves because he was a Dem Darling
NEW YORK POST
People often talk about “cancel culture.” The way in which people are “canceled” from public life for the tiniest error of judgement or the most minute misstep.
So it is interesting to discover what you can do and still not get canceled. Having studied the matter I have come to the conclusion that the best way to not get canceled is to steal billions of dollars and run off with it. That’ll do the trick.
That is what Sam Bankman-Fried has done. The slovenly crypto-fraudster was exposed weeks ago. His business was not simply badly handled or the victim of unfortunate circumstances. FTX crypto exchange and the hedge fund Alameda Research went out of their way to defraud investors and users. But despite this fact, Bankman-Fraud still seems to have support. No cancellation for him!
Just look at how his friends at The New York Times have treated him. In recent weeks they have tried to portray the collapse of FTX as — at the worst — a case of unfortunate mismanagement. The poor diddums billionaire boy just became too successful too fast. Problems are bound to happen. You know how it is.
This week the paper went one further. They actually hosted the fraudster at a New York Times event. Their description of him in the event program was “29-year old American investor, entrepreneur and philanthropist.” Well that’s one way to describe him. At the end of the event the moderator asked everyone to join him in applauding their guest and the audience dutifully did so.
Can anyone think of another example of this happening. Did Bernie Madoff get soft-soap articles about him after his fraud was discovered? Did he have invitations to major public events to put his side of the story after his ponzi scheme collapsed? Not that I remember. But Bankman-Fried has been given all the soft treatment possible. Now why should that be?
The answer would seem to be that he has been a huge donor to the Democrats as well as causes close to the Democrats’ hearts.
Bankman-Fried has allegedly defrauded FTX users and investors of potentially billions of dollars.Photo by Michael M. Santiago/Getty Images
And while they might have thought that they were using him, in fact all the time he was using them. The Dems and their media chorus were always part of his cover.
If he had any brilliance, it was his simple insight that you could run a successful Ponzi scheme if you made all the right noises.
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The Dems adored him. It seems many of them still do. And so he got away with his fraud. And seems to be getting away with it still…..
Continue at the New York Post
Header featured image (edited) credit ; Bankman-Fried/Photo by Michael M. Santiago/Getty Images
Emphasis added by (TLB) editors
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