A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. This hasn’t been a good year for the equities market. The S&P 500 is down nearly 20% and with two trading days left in the year, investors’ hopes of a miraculous recovery have been dashed.
In an affidavit that emerged Tuesday, Bankman-Fried said he and FTX co-founder Gary Wang borrowed more than $546 million from the hedge fund, Alameda Research. He then used the money to purchase a large stake in Robinhood, reports my colleague Allison Morrow. Why it matters: Bankman-Fried’s stake in Robinhood is now at the center of a separate, multinational legal battle over the assets associated with FTX’s bankrupt crypto empire.
The biggest loser is Donald Trump and his Pathetic Criminal Organization... Tax Fraud charges and a lot more coming in 2023
Disney should be a loser they lost about half their value
Biggest losers are and all the democrats against realDonaldTrump 🤣🤣🤣
GameStop
Us retail buyers can only hope for a better future; that is if you're bullish.