The chapter delves into the risks and challenges of investing in cryptocurrency compared to traditional finance, highlighting the lack of regulation and potential financial losses. The collapse of FTX is used as an example to question the effectiveness of regulators. The speakers express interest in an ongoing trial and discuss a documentary that explores the frenzy around cryptocurrency.
Whirlpool Corp CEO Marc Bitzer discusses earnings and seeing soft discretionary purchases from shoppers but a strong replacement business. Mattel CEO Ynon Kreiz talks about earnings and the impact of the Barbie movie on sales. Bloomberg Businessweek Editor Joel Weber and Pat Regnier, Editor of Bloomberg Markets Magazine, provide the details of Pat's Businessweek story Bankman-Fried Takes Stand in Reminder of Crypto’s Epic Fall.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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