‘A lot of people have compared this to Lehman. I would compare it to Enron’: Larry Summers has some choice words for Sam Bankman-Fried and FTX

Reported by: STEVE MOLLMAN The FTX downfall is not so much a Lehman moment as an Enron one.  So says former Treasury Secretary Larry Summers about the once-heralded cryptocurrency exchange that todaydeclared bankruptcy and announced the resignation of founder and CEO Sam Bankman-Fried after a sudden and dramatic collapse this week. “A lot of people have […]