The Cause of the Effect?

Until watching last night’s 60 Minutes, I had never heard of Ray Epps. Even if I did hear his name, it didn’t register with me until now because he’s a MAGA mad hatter. Or at least he was. It’s no surprise that Trumpers are turning on each other. Of course they are.

While watching the Epps interview on my TiVo this morning, Fox News announced it was parting ways immediately with Tucker Carlson. Is there a connection? Epps said that Carlson is “obsessed with me. He’s going to any means possible to destroy my life.”

Could this be why, coming so soon after last week’s $787.5 million settlement with Dominion, Carlson is out at Fox? If the story were about anyone else, this is the question Tucker would be asking on his (now-cancelled) show.

Update: CNN has announced that Don Lemon is leaving. Was there a trade between the networks? Are the two cable TV personalities switching teams? What’s the process for turning reckless speculation into conspiracy theories?

Fried by the Bank Man

The future of investing in the summer of ’22.

The inside cover of The New Yorker, July 4, 2022.

At least he was right about having a big impact globally.

The next two pages of the July 4 issue.

Last summer I glanced at that magazine ad for half a second and, seeing the word “crypto,” ignored it. This was what the kid said at that time. Four months later he was out of business.

July 6 (Reuters) – Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a “few billion” on hand to shore up struggling firms that could further destabilize the digital asset industry, but that the worst of the liquidity crunch has likely passed.

https://www.reuters.com/technology/crypto-exchange-ftx-has-few-billion-support-industry-bankman-fried-2022-07-06/