Readit News logoReadit News
cik2e commented on SBF’s legal defense is being funded with Alameda money he gave his father   forbes.com/sites/saraheme... · Posted by u/lxm
chollida1 · 2 years ago
Well most fraud trials involve a person stealing directly from their company.

Atleast SBF took the extra step of first funneling money to Alameda and then directing Alameda to send it back to him and then send it to his dad as a tax free gift.

That way he could honestly say he personally has no money left.

That atleast makes it harder for FTX to claw back that money.

One interesting thing a lawyer pointed out to me is that a lawyer has a duty to ensure that the money used to pay them wasn't from the proceeds of a crime.

I wonder how SBF's lawyers have done thier diligence in this case and satisified themselves that this wont' get them into trouble with the state bar.

cik2e · 2 years ago
>> Atleast SBF took the extra step of first funneling money to Alameda and then directing Alameda to send it back to him and then send it to his dad as a tax free gift.

I am pretty sure it's the source of the money that matters more (legal vs. illegal) than whether the accounting tricks are legally sound.

What you're saying sounds like "at least he wasn't a complete numb-nuts", but that's not much of an "at least" in this scenario.

I am pretty sure the courts will be looking for an "at least he wasn't stealing from his customers".

At least, that's the sane hope.

cik2e commented on Fireball Spotted over Northeastern USA   ams.imo.net/members/imo_v... · Posted by u/nateb2022
13of40 · 2 years ago
I'm sure you've seen a plane traveling 400 mph but seemingly hovering in one spot in the sky. It's just not moving perpendicular to your vision.
cik2e · 2 years ago
Not sure what you're getting at but 400 mph is 0.178816 km/s. Off by two orders of magnitude from 11 km/s.

I am sure everyone has seen a shooting star. Planes don't move like shooting starts or whatever is in this vide.

I think it's safe to conclude that this is not a plane nor a meteor.

cik2e commented on Fireball Spotted over Northeastern USA   ams.imo.net/members/imo_v... · Posted by u/nateb2022
vba616 · 2 years ago
Yes, relatively speaking.

First likely hit I found:

"Meteors enter the atmosphere at speeds ranging from 11 km/sec...to 72 km/sec ... The wide range in meteoroid speeds is caused partly by the fact that the Earth itself is traveling at about 30 km/sec (67,000 mph) as it revolves around the sun. On the evening side, or trailing edge of the Earth, meteoroids must catch up to the earth’s atmosphere to cause a meteor, and tend to be slow. On the morning side, or leading edge of the earth, meteoroids can collide head-on with the atmosphere and tend to be fast."

https://www.amsmeteors.org/meteor-showers/meteor-faq/

cik2e · 2 years ago
So this can't be a meteor then. That's not 11 km/s unless the video has been drastically slowed down.
cik2e commented on 'Financial Times' Issues 103-Year-Old Correction (2017)   npr.org/sections/thetwo-w... · Posted by u/jhobag
nl · 2 years ago
It was a real bond purchase. The money just came from the Bank of England reserves, and the BoE was private at the time (although had very strong links to the Government).

Eg: The episode marked an important step on the Bank’s transformation from private institution to a central bank.. A decade after the Armistice, the altered role of the Bank prompted creation of a Parliamentary commission to examine its functions, ultimately setting it on a path to nationalisation

See https://bankunderground.co.uk/2017/08/08/your-country-needs-...

cik2e · 2 years ago
>> So instead of allowing the disappointing truth to come out, the Bank of England secretly funneled money to hide the gap.

I believe that's what was meant by "fake". In other words, inauthentic.

As far as the transformation from "private institution" to central bank, are you suggesting that this was a form of Open Market Operations?

cik2e commented on Abraham Lincoln, America’s First Tech-Lawyer   e-discoveryteam.com/2023/... · Posted by u/WaitWaitWha
Spirograph7 · 3 years ago
You realize there were many many witnesses in that theater. This video of the last surviving eyewitness was making the rounds a few years ago [https://www.youtube.com/watch?v=1RPoymt3Jx4&t=307s].

Also I did not know there were conspiracy theories about the LINCOLN assassination. It's very quaint!

cik2e · 3 years ago
I'm only suggesting that the official story doesn't stand up to any sort of critical analysis. Yes there were many witnesses. I don't know what all of the witness accounts were and how those filtered down into the official story.

What I'm suggesting is that the official account makes no sense. Mary Lincoln Todd waits for Booth to do all of his theatrics, instead of immediately screaming "EVERYONE WITH A GUN SHOOT THAT MAN".

I am not suggesting it anything beyond that. But I am not terminally naïve.

I challenge you to look for good historical analysis of the situation. There isn't that much.

cik2e commented on Abraham Lincoln, America’s First Tech-Lawyer   e-discoveryteam.com/2023/... · Posted by u/WaitWaitWha
WaitWaitWha · 3 years ago
> The most interesting thing about Lincoln is that absolutely nothing about his assassination makes any physical sense.

I disagree with your assumptions, and appeal to authority.

There are more details readily available that are known, but some we may never know. Booth barricaded the door upstairs. So the security guards would had hard time getting in upstairs. As soon as Booth landed on the stage he was chased by Major Joseph B. Stewart and footlights. They had to climb onto the stage over the orchestra pit.

The drop from the balcony to the stage is not certain, some records put it at 12', some at 15'. Basically a first floor (2nd in US) window. There are ample stories where people fall from heights with minimal to no injury. The stage is wood scaffolding, that gives on impact. It is elevated, and there is low-headroom space under it. "At first, the crowd interpreted the unfolding drama as part of the production, but a scream from the first lady told them otherwise."[0] There were screams and pandemonium. [1] Smithsonian has even more details, including how someone recalls Booth's spur getting caught while jumping in the flag draped over the front, potentially slowing his fall, but landing on hands and knees.

[0]: https://www.history.com/.amp/topics/american-civil-war/abrah... [1]: https://en.wikipedia.org/wiki/Assassination_of_Abraham_Linco... [2]: https://www.smithsonianmag.com/history/abraham-lincoln-team-... [3]: https://www.ushistory.org/us/34f.asp

cik2e · 3 years ago
But the story is that he WAS injured. So fine, let's say it's minor and he's jacked up on adrenaline and doesn't notice.

And as Booth is being a Marvel action hero (a man in his 40s), everyone is standing around twiddling their thumbs? Including the military detachment outside. The story is not realistic on any level.

cik2e commented on Abraham Lincoln, America’s First Tech-Lawyer   e-discoveryteam.com/2023/... · Posted by u/WaitWaitWha
oh_sigh · 3 years ago
Maybe the knife landed near him and he picked it up right away before he got up.

You're putting a lot of weight on "you can't hold onto something from a 15' drop" to dismiss everything, even though there were hundreds of witnesses, many of whom were interviewed about the events.

Why don't you go ahead and tell us your theory of what happened. I almost guarantee it is more outlandish than "he held onto a knife from a 15' drop"

cik2e · 3 years ago
So he was given more time to limp around and retrieve the knife while not being apprehended or shot at?
cik2e commented on Abraham Lincoln, America’s First Tech-Lawyer   e-discoveryteam.com/2023/... · Posted by u/WaitWaitWha
jhbadger · 3 years ago
There weren't really a horde of "Lincoln bodyguards" though. The Secret Service didn't even handle guarding politicians yet (They had just been created, but for their primary task of fighting counterfeiters). It's hard to imagine, but back then it was considered normal for politicians to just live like other people rather than being surrounded by bodyguards. You could even go as a normal citizen to the White House and ask to speak to the President (he might not have time to do so, but you could ask and people did)
cik2e · 3 years ago
You are kidding right? Of course Lincoln had bodyguard. Maybe they weren't called the Secret Service but he had bodyguards. This was a time of war and the president is going about unprotected? Guarding your most important politician is not a modern invention.

Dead Comment

Dead Comment

u/cik2e

KarmaCake day425March 4, 2016View Original