Sam Bankman-Fried makes himself out to be an absentee CEO in new testimony - News Summed Up

Sam Bankman-Fried makes himself out to be an absentee CEO in new testimony


Rather than claiming responsibility, or even awareness, Bankman-Fried repeatedly painted himself as an absentee CEO, instead shifting blame to other executives. Citi Ventures and FirstMark Capital led the round and were joined by New York Life Ventures, Fireside Ventures, and others. Trust Ventures led the round and was joined by LiveOak Ventures and Chicago Ventures. - DIF Capital Partners and EDF Invest agreed to acquire Fjord1, a Florø, Norway-based ferry operator, from Vision Ridge Partners and Havila Holding. - Madison Dearborn Partners acquired Shaw Development, a Bonita Springs, Fla.-based designer, manufacturer, and assembler of components for diesel exhaust fluid applications, from Monomoy Capital Partners.


Source: Wall Street Journal November 01, 2023 20:57 UTC



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