John Ray, an experienced emergency CEO and bankruptcy expert, shares insights from his high-stakes career, including navigating the infamous FTX collapse. He discusses the challenges of taking over failing companies, emphasizing the critical need for financial accountability and leadership during crises. Ray reflects on his journey from Pittsfield to FTX, revealing how his experiences shaped his approach to corporate restructuring. He also explores the broader implications of failure in business, advocating for learning and growth amidst adversity.