Fast Out - Is This a Mob Boss?

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Fast out initially also tries to fight and lawyer up like lay in skilling, but the feds ultimately end up getting him to cave when they bust his wife Leah for tax evasion. Fast out basically he admitted fault and then would double down on it anytime he's asked for the rest of time in prison out of prison. You can actually hire fast out as a speaker now to come and talk about corporate responsibility and corporate culture,. We'll include a link in the show notes to book him if you would like to have him at your event.

The FTX fraud has dominated headlines now for weeks, during which we’ve debated if and how Acquired could uniquely add to the conversation. Then we realized there was an angle so perfect that we had to drop everything and enter Acquired research overdrive: Enron. Travel back with us to the granddaddy fraud of them all, 2001’s then-largest bankruptcy in US history and the impetus for the famous Sarbanes-Oxley Act. So much of Enron’s history parallels FTX that the uncanniness is almost unbelievable — right down to the same CEO running the two bankruptcies. Sit back and enjoy this crazy tale of villainy, greed, and the nature of humans and money. Maybe just don’t take notes on this one…

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‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.