In a recent interview on Bloomberg TV with Larry Summers, on November 11, 2022, he said “A lot of people have compared the FTX meltdown to Lehman. And he would compare it to Enron.”

„A lot of people have compared this to Lehman. I would compare it to Enron,” says @LHSummers about the FTX meltdown.
For the full conversation, tune in to Wall Street Week tonight at 6 pm ET https://t.co/iYXAzm8vfE pic.twitter.com/cREBGMVteG
— Bloomberg TV (@BloombergTV) November 11, 2022

Lawrence (Larry) H. Summers is the Former United States Secretary of the Treasury. In a recent interview he shared his thoughts over a question asked by David Westin, Bloomberg TV reporter, about the FTX collapse. 
He said that “If we had fewer economists and quants and more forensic accountants running around, I think it would help us detect what was going on in countries and companies.”

.@DavidWestin @BloombergTV asked me today about the FTX collapse: If we had fewer economists and quants and more forensi

Czytaj więcej

We współpracy z: https://www.thecoinrepublic.com/2022/11/13/find-here-how-larry-summers-compared-ftx-meltdown-to-enron-scandal/