CNBC's "Last Call" cover image

Good News for Main Street Could Mean Bad News for Wall Street 7/6/23

CNBC's "Last Call"

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The Cost of a $100 Million FTX Deal

This should have been a slam dunk. Is there any logical reason why Sam Bankman Fried would say no thanks? Well, I think it's important to focus on just how expensive this deal would have been. Tom Brady and Giselle Bunchen got in total about $50 million worth of FTX equity in exchange for their endorsements. A $100 million deal is sort of another level in terms of costliness.

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