Connect with us

Hi, what are you looking for?


Summers Detects ‘Hints’ of Enron Controversy in FTX Collapse

Former United States Secretary of the Treasury Lawrence Summers notes the presence of “hints” reminiscent of the Enron scandal in the downfall of Sam Bankman-Fried’s cryptocurrency dominion. In an interview on “Wall Street Week” with David Westin on Bloomberg Television, Summers draws parallels with Enron. He states, “I see similarities to Enron; the intellectual elites, signs of deceit.”

Follow Bloomberg for the latest in financial news & evaluations, real-time market statistics, articles, individual profiles, and more:
Stay updated with us on…

Credit: YouTube/Bloomberg Television

You May Also Like


Previously, in April, the CEO of Tesla and SpaceX, Elon Musk, caused quite a stir by revealing his intentions to procure the entire social...


Concerns about rising prices are impacting the entire economy of the United States, and one sector that is particularly affected is the real estate...


With rising expenses in fuel and power worldwide, particularly in the United States, the quest for sustainable energy sources has intensified. A significant historical...


Kellogg, a major supplier of packaged foods in the United States and globally, has maintained overall centralized control of all its owned labels during...