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☆ France Delivers Three Planes of Aid to Gaza, French Boats in Mediterranean
▼ + stars: | 2023-11-05 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

PARIS (Reuters) - Three French planes delivering 54 tonnes of aid for Gaza arrived in Egypt this weekend and France has three naval vessels in the eastern Mediterranean ready to respond to the evolving situation, senior officials said on Sunday. Israel has rebuffed repeated international calls for a ceasefire in the four weeks since fighters from Hamas, which runs the Gaza Strip, burst over the border, killing 1,400 people and taking more than 240 others hostage. The French aid was delivered over the weekend by two Airbus A400M planes, which are partially armoured, the French army said on X, formerly known as Twitter. "This humanitarian cargo, which is destined for the civilian populations of the Gaza Strip, contains medicine, food aid, generators," the captain for one of the planes, Lieutenant Colonel Nicolas, said on Saturday morning before taking off. A French helicopter carrier, the Tonnerre, which has medical support facilities, and two naval vessels were in the Mediterranean, the French Army said on X.

Persons: Catherine Colonna, Sebastien Lecornu, Nicolas, Lecornu, Layli Foroudi, Jean Terzian, Andrew Heavens Organizations: PARIS, Airbus, Twitter . Defence, French Army Locations: Gaza, Egypt, France, Doha, Israel, French

☆ Three hours to guilty: How the government nailed Sam Bankman-Fried
▼ + stars: | 2023-11-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +9 min

David Dee Delgado | ReutersIn Sam Bankman-Fried's fraud trial, prosecutors won quickly by keeping it simple. "While the cryptocurrency industry might be new and the players like Sam Bankman-Fried might be new, this kind of corruption is as old as time," Williams said. Sam Bankman-Fried's parents, seated to the left, react to the verdict. "Sam Bankman-Fried will be remembered as one of the biggest fraudsters of our lifetimes," Mariotti said. WATCH: Sam Bankman-Fried found guilty on all seven counts

Persons: Sam Bankman, David Dee Delgado, CNBC they'd, Yesha Yadav, Fried, Nicolas Roos, Danielle Sassoon, Crypto, Roos, Sassoon, Marc, Antoine Julliard, Renato Mariotti, who's, Bryan Cave Leighton Paisner, Damian Williams, Williams, Andrew Ross Sorkin, Sorkin, that's, It's, SBF, Mariotti, Paul Tuchmann, Wiggin, Dana, Tuchmann, Elizabeth Williams, Caroline Ellison, Bankman, Ellison, James Koutoulas, Koutoulas, Gary Wang, Nishad Singh, FTX coder Adam Yedidia, FTX's, Sun, Kevin J, O'Brien, Mark Cohen Organizations: FTX, Manhattan, Reuters, CNBC, Vanderbilt University ., U.S . Justice Department's Securities, Commodities, Southern, of, Prosecutors, Stanford, Alameda Research, New York Times DealBook, Washington , D.C, U.S, Justice Department, Trading Commission, Securities and Exchange Commission Locations: New York City, London, Chicago, U.S, of New York, Alameda, Washington ,, Bankman, New York

☆ With ‘Subject,’ Doc Stars Look Back
▼ + stars: | 2023-11-03 | by ( Nicolas Rapold | ) www.nytimes.com time to read: +2 min

When it came to what was very important to them, we adjusted their agreements to reflect that. We did reach out to a few people for “Subject” who weren’t ready to go back into that place but still loved the idea. For example, Carole and Howard from “Tiger King” became supporters of “Subject.” And Mark Borchardt [of “American Movie”] was a great sounding board. Did you cut anything from “Subject" based on feedback from participants? TIEXIERA: The biggest hurdle was when Susanne and [one of her sons] Mukunda agreed to be part of “Subject,” and Mukunda’s brothers did not want to be.

Persons: Jesse, Carole, Howard, King ”, Mark Borchardt, Susanne, Mukunda, Mukunda’s, it’s, We’ve Organizations: Wolfpack, Time Studios Locations: “

☆ Breakingviews: SBF’s guilty verdict will help crypto break free
▼ + stars: | 2023-11-03 | by ( Anita Ramaswamy | ) www.reuters.com time to read: +4 min

REUTERS/Jane Rosenberg Acquire Licensing RightsNEW YORK, Nov 2 (Reuters Breakingviews) - Just over a year ago, Sam Bankman-Fried might have been counting his large stash of virtual coins. A Manhattan jury on Thursday convicted the FTX founder of seven counts related to crimes he committed at the helm of the now-bankrupt cryptocurrency exchange. With some $8 billion in customer funds stolen, his misdeeds will go down as one of the biggest financial frauds on record. To be sure, the speculative bubble in crypto would probably have deflated even without Bankman-Fried. The bankrupt exchange is also negotiating with three bidders to help it relaunch trading services, Bloomberg reported last month.

Persons: Lewis Kaplan, Sam Bankman, Fried, Jane Rosenberg, FTX, John J, Ray III, Nicolas Roos, Peter Thal Larsen, Thomas Shum Organizations: REUTERS, Reuters, Galaxy Digital, Three, BlackRock, Bloomberg, Thomson Locations: New York City, U.S, Manhattan

From crypto wunderkind to felonIt took jurors just four-and-a-half hours yesterday to reach a verdict in the monthlong fraud trial of Sam Bankman-Fried, the founder of the fallen cryptocurrency exchange FTX. The result was unanimous: guilty on all counts. Bankman-Fried has now completed a narrative arc from whiz-kid founder of a crypto empire to fraudster who stole billions in customer funds. Prosecutors moved to paint the FTX founder — who appeared on magazine covers and hobnobbed with former world leaders — as a scammer who repeatedly lied about his business and profited from illegal use of investor and customer funds. “This was a fraud that occurred on a massive scale,” Nicolas Roos, a prosecutor, said in closing arguments.

Persons: Sam Bankman, Fried, fraudster, —, ” Nicolas Roos Organizations: Stanford, Prosecutors

☆ Sam Bankman-Fried tried to pin his fraud scheme on his closest friends. Then they turned on him for it.
▼ + stars: | 2023-11-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +12 min

A jury found Sam Bankman-Fried guilty in his fraud trial over the collapse of FTX. One by one, his friends flipped to work with the prosecution and threw Bankman-Fried under a much bigger bus. That's how a jury found him guilty of seven counts in his federal fraud trial in downtown Manhattan on Thursday evening. AdvertisementAdvertisementSingh, for example, testified he was "blindsided and horrified" when he found out in November that Alameda had used FTX customer money. The sentencing schedule may depend on a second criminal trial Bankman-Fried faces for alleged illegal campaign contributions.

Persons: Sam Bankman, Fried, SBF, —, FTX, –, Nicolas Roos, Jim Angel, Angel, Caroline Ellison, Gary Wang, Nishad Singh, Bankman, Singh, blindsided, Ellison, Sam, Eduardo Munoz Alvarez, Wang, Singh —, Mark Cohen, Cohen, who'd, Adam Yedidia, Sun, deflating, they're, Chelsea Jia Feng, Danielle Sassoon, Roos Organizations: Service, Prosecutors, MIT, Georgetown, Financial Markets, Alameda, Bankman Locations: FTX, Alameda, Manhattan, Bankman

☆ Jury Begins Deliberations for a Verdict in Sam Bankman-Fried’s Trial
▼ + stars: | 2023-11-02 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Jurors have sat through his trial for nearly a month now, hearing from witnesses including some of Mr. Bankman-Fried’s closest associates, who placed blame squarely on him. On Wednesday, closing arguments were made by a federal prosecutor, Nicolas Roos, and Mr. Bankman-Fried’s lawyer, Mark Cohen. In his closing statements, Mr. Roos reminded the jury of the evidence and testimony from witnesses who said Mr. Bankman-Fried had directed them to commit crimes. Mr. Cohen sought to portray his client as someone who acted in good faith but made mistakes. He has held the trial on some Fridays, which the jury usually has off, and has been willing to hold jurors past 4:30 p.m., when they are usually relieved.

Persons: Bankman, Nicolas Roos, Mark Cohen, Danielle Sassoon, Cohen’s, Roos, Fried, Cohen, Judge Lewis A, Kaplan, Judge Kaplan

☆ Sam Bankman-Fried found guilty on all seven criminal fraud counts
▼ + stars: | 2023-11-02 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. Bankman-Fried, the 31-year old son of two Stanford legal scholars and graduate of Massachusetts Institute of Technology, was convicted of wire fraud and conspiracy to commit wire fraud against FTX customers and against Alameda Research lenders, conspiracy to commit securities fraud and conspiracy to commit commodities fraud against FTX investors, and conspiracy to commit money laundering. Both pleaded guilty in December to multiple charges and cooperated as witnesses for the prosecution. The issue, he said, is whether Bankman-Fried knew that taking the money was wrong. Holmes, 39, was convicted in early 2022 on four counts of defrauding investors in Theranos after testifying in her own defense.

Persons: Sam Bankman, Caroline Ellison, Bankman, FTX, Gary Wang, Fried, Nicolas Roos, Roos, Elizabeth Holmes, Holmes, —, Dawn Giel Organizations: Stanford, Massachusetts Institute of Technology, Alameda Research, Alameda ., U.S Locations: Alameda, FTX, Theranos, Bryan , Texas

☆ Goldman Sachs just promoted 608 employees to the coveted role of managing directors. See the full list here.
▼ + stars: | 2023-11-02 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.

Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun Khalid Sunil Khandelwal Scott Kilpatrick Jenny Kim Ashley King Joel Klaus Rene Klos Rossitsa, Michael Kondoleon Gregory Kontopoulos Larry Kornreich Shrivathsa Kota Konrad Krallmann Ken Kraska Alexander Kretzberg Bryant Krongard Simon Kubbies Adam Kulik Peter Kulka Ajeya Kumar Aditya Kurella Sara Lachapelle Raagini, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary LeDonne, Allison Lee Michael Lee Soohyun Lee Victoria Lewis Alice Li Qing Li George Lin Ali Lippert David Lipworth Bozhena Lisko, Murphy Mark Littlewood Zhenyi Liu Yelli Lobel Avinash Lobo Burke Loeffler Gabriela Lopez Cristian Lopez, Balboa Carlos Lopez Torrero Stephanie Louie Edward Lowe Reynolds Lowry Fei Luo Ranjan Luthra Sangeetha M Martin Ma Matthew Maciaszek Michael Magee Steffen Mahringer Poonam Majithia Terres Maloney Gopal Manchikanti Jade Mandel, Manfay Varun, Pierre Marboeuf Matt Margolin Thiago Marinheiro Kevin Martens Masato Maruyama Lucinda Mataka Rishi Mathur Pierre Maugest Scott Maxfield Andrei Maxim Michael McClurg Selina McCole Jeff McCown Andrea McGee Sinead McGuigan John McGuinness Benjamin McRoberts Amit Mehrotra Gaurav Mehta Kelly Mellecker Josef Menasche Raf Mercado Alexander Mielke Rachel Miles Christopher Miller Megan Miller Robert Miller Max Minton Edward Mitchell Oliver Money Tyler Moni Anna Montvai Taylor Moore Anthony Moschella Brandon Moy Faraz Munaim Sasha Munn Ashok Musuvathy Negar, Julian Naden Robinson Hiroki Nagamine Srijith Nair Cornelius Namiluko Sanjiv Nanwani Jay Narain Robert Andranik Nazarian Jovan Negovan Ryan Newman Michael Ng, Tasuku Nishihara John Nixon Kristy Nomi Alexandre Nunes Patrick O'Callaghan Yusuke Ochi KC O'Connor David Olivares Erica Olsen Victoria Ortengren Anas, Peter Pace Robert Packwood Nitin, Ellen Pak Ruth Pan Pedro Panizo Jayshri, Rahul Parikh Dan Parisi Freddie Parker Phil Parsons Peter Paruch Paul Pate Bella Patel Preya Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India

☆ Prosecutors, Defense Paint Conflicting Pictures of Sam Bankman-Fried
▼ + stars: | 2023-11-01 | by ( Corinne Ramey | ) www.wsj.com time to read: 1 min

FTX founder Sam Bankman-Fried is on trial for fraud and conspiracy charges after the collapse of his crypto empire last year. WSJ’s Alexander Osipovich breaks down what happened to FTX and what to look for as the trial unfolds. Photo illustration: Annie ZhaoProsecutors and defense attorneys clashed Wednesday over whether FTX founder Sam Bankman-Fried was a liar who stole billions of dollars—or an unconventional executive who made mistakes. During his closing argument, Assistant U.S. Attorney Nicolas Roos told jurors that almost a year ago, when thousands of people were trying to withdraw their money from the collapsing crypto exchange, their dread turned to despair.

Persons: Sam Bankman, WSJ’s Alexander Osipovich, Annie Zhao Prosecutors, Fried, Nicolas Roos Organizations: U.S

NEW YORK (AP) — In a closing argument, a prosecutor told a New York jury Wednesday to follow overwhelming evidence and the “pyramid of deceit” that FTX founder Sam Bankman-Fried constructed to conclude he’s guilty of defrauding his customers and investors of at least $10 billion. “He told a story and he lied to you,” Roos told jurors just a day after Bankman-Fried concluded his testimony at the monthlong trial. FTX was bankrupt.”“Who was responsible?” Roos asked, only to quickly point to Bankman-Fried, sitting between his lawyers. He spent his customers' money and he lied to them about it.”The prosecutor said Bankman-Fried spent the money on real estate, donations, promotions, investments and political contributions. Roos told jurors that if they believe even one of the four former executives who testified against him, they must convict Bankman-Fried.

Persons: Sam Bankman, he’s, Nicolas Roos, Fried, “, ” Roos, Judge Lewis A, Kaplan, Bankman, Roos, FTX, ”, Samual Organizations: New, U.S, Alameda Research Locations: New York, Manhattan, FTX, Bahamas, Palo Alto , California

Sam Bankman Fried, the onetime cryptocurrency mogul, built his FTX crypto exchange into a “pyramid of deceit” resting on a “foundation of lies and false promises,” a federal prosecutor said in closing arguments on Wednesday at the criminal fraud trial. Over more than two hours in a Manhattan courtroom in the morning, Nicolas Roos, the prosecutor, used scathing language to paint Mr. Bankman-Fried as a liar and fraudster. And Mr. Bankman-Fried, who had testified during the trial in his own defense, had repeatedly dissembled and dodged questions, Mr. Roos said. Mr. Bankman-Fried “lied about big things and small things,” the prosecutor said, pointing out that the defendant said he “couldn’t recall” more than 140 times in response to questions on cross-examination. “It was uncomfortable to hear,” Mr. Roos said.

Persons: Sam Bankman Fried, ”, Nicolas Roos, Roos, dissembled, Fried “, “, Mr, Bankman Organizations: Mr Locations: Manhattan

☆ Sam Bankman-Fried built crypto empire on 'pyramid of deceit,' prosecutors say in closing
▼ + stars: | 2023-11-01 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

FTX Founder Sam Bankman-Fried leaves Manhattan Federal Court after a court appearance on June 15, 2023 in New York City. The main thing the jury has to decide, Roos said, is whether Bankman-Fried knew that taking the money was wrong. "It was uncomfortable to hear," Roos said, adding that Bankman-Fried said "I can't recall" over 140 times during questioning by the government. Roos said Bankman-Fried is the one who gave special privileges to Alameda, which he started before founding FTX, allowing it to siphon customer money. In referencing the Super Bowl picture with Katy Perry and others, Roos called Bankman-Fried a "celebrity chaser."

Persons: Sam Bankman, Michael M, they've, FTX, Nicolas Roos, Roos, there's, Fried, Caroline Ellison, Bankman, Gary Wang, Danielle Sassoon, Jane Rosenberg, Mark Cohen, he'd, Judge Lewis Kaplan, Ellison, didn't, Singh, Katy Perry, —, Dawn Giel Organizations: Santiago, Getty, Prosecutors, Stanford, Massachusetts Institute of Technology, Alameda Research, Reuters, Miami Heat, MIT, FTX, Skybridge Locations: Manhattan, New York City, Alameda, U.S, California, Hong Kong, Roos's, Bahamas, Bankman

☆ With James Harden on the way, Clippers face Magic
▼ + stars: | 2023-10-31 | by ( Field Level Media | ) www.reuters.com time to read: +4 min

Multiple media outlets reported Monday night that the Clippers acquired James Harden in a multiplayer deal with the Philadelphia 76ers. Tucker and Filip Petrusev reportedly will join Harden in moving from Philadelphia to Los Angeles. Whoever takes the floor for the Clippers will attempt to restore the team's history of success against the Orlando Magic. Now the Magic are looking to beat the Clippers for the fourth time in six meetings when the clubs face off Tuesday night in Los Angeles. Los Angeles built a 19-point halftime lead on Sunday while rolling to a 123-83 victory over the visiting San Antonio Spurs.

Persons: James Harden, Harden hadn't, Daryl Morey, P.J . Tucker, Filip Petrusev, Harden, Nicolas Batum, Marcus Morris Sr, Robert Covington, Kenyon Martin Jr, Jan, Jamahl Mosley, Mosley, we've, That's, Paul George, that's, Kawhi, Russell Westbrook, George, Leonard, Paolo Banchero, Banchero, Mosley isn't, Paolo, he's, Gary Harris Organizations: Los Angeles Clippers, NBA, Orlando Magic, Clippers, Philadelphia 76ers, 76ers, P.J, The 76ers, Angeles, Orlando, Los Angeles Lakers, San Antonio Spurs, The Clippers, Lakers, Thomson Locations: Philadelphia, Los Angeles, Antonio

☆ Harden saga in Philly reportedly over with trade to Clippers
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +1 min

Oct 29, 2023; Philadelphia, Pennsylvania, USA; Philadelphia 76ers guard James Harden looks on during a timeout in the second quarter against the Portland Trail Blazers at Wells Fargo Center. Mandatory Credit: Bill Streicher-USA TODAY Sports Acquire Licensing RightsOct 31 (Reuters) - The 76ers have reportedly traded James Harden to the Los Angeles Clippers in a seven-player deal, ending the Harden saga in Philadelphia. The 10-times NBA All-Star and league's leader in assists, who was acquired by the Sixers in 2022, had yet to play for Philadelphia this season after publicly requesting a trade. Harden returned to practice last Wednesday after a 10-day absence, but did not travel with the team for their two-game road trip to open the season in Milwaukee and Toronto. Tucker and Filip Petrusev to the Clippers for Nicolas Batum, Marcus Morris, Robert Covington, KJ Martin and draft picks.

Persons: James Harden, Bill Streicher, Harden, P.J, Tucker, Filip Petrusev, Nicolas Batum, Marcus Morris, Robert Covington, KJ Martin, Lori Ewing Organizations: Philadelphia 76ers, Portland Trail Blazers, Wells Fargo Center, 76ers, Los Angeles Clippers, Sixers, Philadelphia, Clippers, Thomson Locations: Philadelphia , Pennsylvania, USA, Wells Fargo, Philadelphia, Milwaukee, Toronto

☆ Venezuela Tries to Squash Opposition Campaign Before It Even Starts
▼ + stars: | 2023-10-31 | by ( Genevieve Glatsky | ) www.nytimes.com time to read: +1 min

It seemed like a small glimmer of hope for supporters of democracy, after years of authoritarian rule. The election of an opposition candidate to challenge Venezuela’s president, which followed on a commitment from the government to hold free and fair elections next year, led to cautious optimism among Venezuelans and international observers about the possibility of establishing a path back to democracy. But now the government of President Nicolás Maduro is taking aim at the opposition election held this month, raising concerns that Mr. Maduro will resist any serious challenge to his 10-year hold on power even as his country continues to suffer under international sanctions. The opposition primary in Venezuela, a South American nation of roughly 28 million people, took place with no official government support. Instead, the vote was organized by civil society, with polling stations in homes, parks and the offices of opposition parties.

Persons: Nicolás Maduro, Maduro Locations: Venezuela, American

☆ Venezuelan Court Suspends Results of Opposition Primary
▼ + stars: | 2023-10-30 | by ( Kejal Vyas | ) www.wsj.com time to read: 1 min

Maria Corina Machado at news conference in Caracas, Venezuela, last month. Photo: Carlos Becerra/Bloomberg NewsVenezuela’s highest court suspended the outcome of a primary that the opposition held to choose a presidential candidate, casting doubts over a deal that President Nicolás Maduro had reached with the Biden administration to pave the way for free and fair elections. The Supreme Court’s decision on Monday came after a series of public comments by Maduro and other high-ranking regime officials in recent days deeming the opposition’s Oct. 22 primary a fraud, though no evidence for the assertion was offered.

Persons: Maria Corina Machado, Carlos Becerra, Nicolás Maduro, Biden, Maduro Organizations: Bloomberg Locations: Caracas, Venezuela

☆ Polish archaeologists find remains of 17th-century woman and child padlocked in their graves
▼ + stars: | 2023-10-30 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Pien, Poland Reuters —Archaeologists in Poland have uncovered the remains of a 17th-century child padlocked to his grave to stop him rising from the dead, a discovery that turns the spotlight on beliefs in vampires as Halloween approaches. A woman’s body was also found in the cemetery with a padlock on her leg and a sickle around the neck, suggesting she was believed to be a vampire. “These are people who, if it was done intentionally, were afraid of … contact with these people because they might bite, drink blood,” Polinski said. The child’s grave was desecrated at some point after burial and all bones removed apart from those in the legs. Archaeologists have found other methods used to stop the living dead, with Polinski describing strange practices found in some burials.

Persons: padlocked, …, ”, Dariusz Polinski, Nicolaus, Nicolas, ” Polinski Organizations: Poland Reuters — Archaeologists, Nicolaus Copernicus University, Nicolas Copernicus University Institute of Archaeology Locations: Pien, Poland, Polish, Toruń

CARACAS, Oct 30 (Reuters) - Venezuela's Supreme Justice Tribunal said on Monday it has suspended the results of an opposition presidential primary that took place this month, despite an electoral deal between the government and the opposition that allows each side to choose its candidate. The opposition and the primary's winner Maria Corina Machado have insisted repeatedly the Oct. 22 vote was transparent and fair. Both the investigation and the ruling come at the request of lawmaker Jose Brito, who the court said wanted to participate in the primary. The ruling "temporarily suspends the primary until there is a final decision from the tribunal," said lawyer and university professor Jose Vicente Haro. Some observers said the opposition parties that participated in the primary should simply recognize Machado once again as their unity candidate, making any ruling on the contest moot.

Persons: Nicolas Maduro, Maria Corina Machado, Jose Brito, Brito, Machado, Jose Vicente Haro, Mayela Armas, Vivian Sequera, Matt Spetalnick, Julia Symmes Cobb, Jonathan Oatis, Bill Berkrot Organizations: U.S . State Department, State Department, National, Thomson Locations: CARACAS, United States, Maduro, Barbados, Caracas, Washington

[1/5] FILE PHOTO:Anthropologist from Nicolas Copernicus University Urszula Okularczyk works by the remains of a woman found at the 17th century cemetery for rejected people in Pien, at Nicolas Copernicus University in Torun, Poland, October 27, 2023. "These are people who, if it was done intentionally, were afraid of ... contact with these people because they might bite, drink blood," Polinski said. The child's grave was desecrated at some point after burial and all bones removed apart from those in the legs. Archaeologists have found other methods used to stop the living dead, with Polinski describing strange practices found in some burials. Reporting by Thomas Holdstock and Hedy Beloucif; Writing by Alan Charlish; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

Persons: Nicolas, Nicolas Copernicus University Urszula, padlocked, Dariusz Polinski, Polinski, Thomas Holdstock, Hedy Beloucif, Alan Charlish, Clarence Fernandez Organizations: Nicolas Copernicus University, Thomson Locations: Pien, Torun, Poland

☆ From free Wendy's to Krispy Kreme: 7 of the best fast food deals this Halloween
▼ + stars: | 2023-10-30 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

You can get a lot more than free candy this Halloween — provided you know where to look. Some of the nation's biggest fast food chains are looking to entice customers during the spooky holiday with giveaways and deals. Whether you're looking to score a free breakfast or want to get a good deal come lunchtime, there's plenty to take advantage of. These are the best fast food deals this Halloween from chains like Krispy Kreme, Chipotle and Wendy's. Krispy Kreme

Persons: giveaways, Krispy

☆ How 3 stocks tied to China's economy are navigating its uneven post-Covid recovery
▼ + stars: | 2023-10-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

But looking at quarterly numbers and commentary from multinational companies doing business there, the road back for the world's second-largest economy remains uneven. Club name Procter & Gamble (PG) flagged weakness in China when it reported its fiscal first quarter 2024 earnings. SBUX YTD mountain Starbucks YTD Given P & G's remarks, we hope Starbucks is still able to keep its China numbers moving in the right direction. Starbucks' growth in China, its second-largest market after the U.S., is still in its early stages. WYNN YTD mountain Wynn Resorts YTD Commentary from Las Vegas Sands gives us hope that Wynn Resorts might be able to continue last quarter's momentum in gross gaming revenue in Macao.

Persons: China — Estee Lauder, —, Nicolas Hieronimus, Andre Schulten, Let's, Estee Lauder, Lauder YTD, Estee, We're, there's, Wells, WYNN, Wynn, Jim Cramer's, Jim Cramer, Jim Organizations: Starbucks, Wynn Resorts, Vegas Sands, L'Oreal, Procter, Gamble, Deutsche Bank, Wynn, HSBC, CNBC, Wuhan International Plaza, Getty Locations: China, Sands, Macao, Asia, Hainan province, U.S, Dubai, Wynn Macau, Wuhan, Hubei province

☆ Colombia strike gold on Pan Am Games diamond
▼ + stars: | 2023-10-29 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

But in the end it was two teams that had never before even reached the final playing for gold, while Mexico beat Panama 10-2 for the bronze. Brazil also bagged two of three gold on the tennis court. Laura Pigossi and Luisa Stefani beat Colombia's Fernanda Herazo and Paulina Perez 7-5 6-3 to win the women's doubles, while Gustavo Heide and Marcelo Demoliner defeated Chile's Tomas Parrios and Alejandor Tabilo 6-1 2-6 10-7 in the men's doubles final. Once again the mighty United States was shut out of the gold medals but continue to hold strong at the top of the table on 61 gold and 154 total medals. Mexico sit second on 35 gold and 84 total medals followed by Canada (32/88) and Brazil (26/87).

Persons: Colombia's Yuliana Lizarazo, Nicolas Barrientos, Pilar Olivares, Dilson Jose Herrera, righthander Victor Vargas, Alexia Vilhalba Souza Nascimento, Larissa Cincinato, Rafaela Lopes Silva, Michel Natan Felix Augusto, Laura Pigossi, Luisa Stefani, Colombia's Fernanda Herazo, Paulina Perez, Gustavo Heide, Marcelo Demoliner, Chile's Tomas Parrios, Yuliana Lizarazo, Brazil's Stefani, Steve Keating, William Mallard Organizations: Centro deportivo de Tenis, Rights, Pan American Games, Colombia thumped, United, Panama, New York Mets, Cincinnati Reds, Baltimore Orioles, Thomson Locations: Santiago, Chile, Colombia, Brazil, Colombia thumped Brazil, Cuba, Mexico, Dominican Republic, Venezuela, Puerto Rico, United States, Canada

☆ Brentford stun Chelsea in 2-0 win at Stamford Bridge
▼ + stars: | 2023-10-28 | by ( William Schomberg | ) www.reuters.com time to read: +2 min

"The frustration is so massive," Pochettino told talkSPORT radio, saying a strong first-half performance gave way to a lack of calm after the break. Defender Marc Cucurella shot straight at Mark Flekken after a lofted pass by playmaker Cole Palmer. But Brentford soaked up everything Chelsea could throw at them with centre forward Nicolas Jackson, back in the starting 11 after an injury, unable to provide much of a threat. Brentford's third league win at Stamford Bridge in as many seasons meant that they leap-frogged their neighbours into 10th spot, while Chelsea dropped to 11th ahead of the rest of the weekend's fixtures. One name linked to the club is Brentford and England centre forward Ivan Toney who scored 20 times in the league last season but who is currently serving an eight-month ban for breaching betting rules.

Persons: Ethan Pinnock, Bryan Mbeumo, Mauricio Pochettino, Pochettino, Chelsea, Pinnock, Robert Sanchez, Thomas Tuchel, Graham Potter, Noni Madueke, Marc Cucurella, Mark Flekken, Cole Palmer, Nicolas Jackson, Ivan Toney, William Schomberg, Hugh Lawson Organizations: Brentford, Chelsea, Arsenal, Blues, Stamford, Thomson Locations: London, Argentine, U.S, England

☆ Eggo just launched a $150 robot vacuum cleaner that looks like a toasted waffle
▼ + stars: | 2023-10-27 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

The 70-year-old waffle brand has teamed up with vacuum maker Bissell to introduce a one-of-a-kind cleaning device: the EggoVac. Put simply, the EggoVac is a Bissell SpinWave R5 cleaner with a breakfast-inspired makeover. The round robot has been designed to look like a toasted Eggo waffle covered in butter and syrup, with the brand's iconic yellow and red iconography lining its edges. The frozen waffle brand turned heads in August with its "Brunch in a Jar" liqueur. The 40 proof drink — a follow-up to last year's similarly boozy Eggo Nog — claimed to have "the delicious flavor of toasty Eggo waffles drizzled in syrup."

Persons: Bissell, franken, Theresa Junkunc, Joe Beauprez, Eggo, Nog —, Warren Buffett

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