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“Michael Kives could lose $300M in FTX debacle: insiders” As creditors in the FTX bankruptcy case look to claw back cash from the fallen crypto giant, an uncomfortable spotlight is focusing on a well-connected Hollywood insider with ties to the Clintons, the Kardashians and Elon Musk. Michael Kives — a former Tinseltown agent who has served…
“New FTX CEO says crypto disaster worse than Enron” FTX’s new boss said the firm’s corporate governance under disgraced ex-CEO Sam Bankman-Fried was the worst he’s seen in his career — including his stint cleaning up the mess at Enron. FTX CEO John Ray III — an insolvency expert who steered energy firm Enron through…
“#Enron’s Skilling reportedly taps McKinsey cohorts for energy invest biz” Former Enron CEO Jeffrey Skilling’s stealth energy investment venture has launched, two people familiar with the matter said this week, staffed with former McKinsey & Co. consultants like himself and offering a technology edge to oil and gas returns. Skilling was convicted of securities fraud and insider…