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Culture War Roundup for the week of November 28, 2022

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Why is this plausible? Because he admits to being openly misleading on at least some levels:

Well, suppose we were talking about Pfizer instead of FTX.

“Regulators, they make everything worse,” Bankman-Fried said, using an expletive for emphasis.

Do you doubt that the CEO of Pfizer has said this aloud (and worse) about the FDA in closed door meetings with a handful of trusted people and definitely not in writing? Pfizer absolutely depends on being in the FDA's good graces to survive and they almost assuredly suck them off all day long and will never say a bad word about them in public.

Is this evidence of malfeasance from Pfizer? Or are they just playing this game and they and everyone know it's bullshit?

Or do you mean that as an EA courting nerd savant he's supposed to be above all of that and the fact that he sank to at least the level of normal CEO (in this limited regard) shatters the image and makes him somehow worse?

As the CEO, the buck should stop with him, regardless. I don't care much whether it was ignorance, inexperience, or greedy overindulgence that led to the outcome. Either we establish actual skin in the game for people entrusted with others' money, or we have yet another institution failing to protect the average person from the misbehavior of 'elites' and 'experts.'

At least according to his public statements he does not deny that he's not completely responsible for it. The question, IMO, is whether or not failing spectacularly at business is a crime you go to jail for.