On The Brink with Castle Island cover image

Weekly Roundup 11/17/22 (John Ray's FTX filing, will FTX political contributions be repaid, what's wrong with effective altruism?) (EP.372)

On The Brink with Castle Island

00:00

The Levered Players Are Just Being Chased in This Industry Right Now

It's like the levered players are just being chased in this industry right now. There were firms that did re-underwrite Alameda, and I will give credit, there were firms that re-underwrote Alameda after the initial credit crisis found that Alameda couldn't satisfy their underwriting standards. So it is certainly possible to learn and evolve here.

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