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Bankman-Fried's Defense Hits Back: He Is Not A Monster, Making Mistakes Is Not A Crime
Wednesday, November 1, 2023 - 6:55pm | 844At a hearing today (Wednesday), FTX co-founder Sam Bankman-Fried's defense attorney Mark Cohen countered the accusations leveled against his client, ardently arguing the government's portrayal of Bankman-Fried as a "monster" is both "wrong and unfair...
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Sam Bankman-Fried's High-Profile Crypto Trial Begins: Meet The 12 People Deciding His Fate
Thursday, October 5, 2023 - 3:24pm | 526The trial of Sam Bankman-Fried, founder of defunct cryptocurrency exchange FTX is underway, and a jury of 12 will be deciding his fate. Wednesday’s court proceedings primarily revolved around opening statements, and the first two witnesses’ testimonies, according to TechCrunch. Bankman-...
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FTX Founder Sam Bankman-Fried Gets Green Light For Legal Review In Bahamas Court
Wednesday, June 14, 2023 - 11:26am | 534The legal proceedings against Sam Bankman-Fried, the founder of FTX (CRYPTO: FTT) crypto exchange, in the U.S. hit a roadblock as the Bahamas Supreme Court ruled in favor of allowing him to legally review the terms of his extradition from the Caribbean nation. This development came to light on...
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Former FTX CEO's Bail Conditions Revisited: Monitoring Software Proposal Emerges In Criminal Case
Thursday, February 9, 2023 - 3:49pm | 346A New York judge overseeing the criminal case of former FTX CEO Sam Bankman-Fried has requested a new proposal from the defendant's lawyers to modify his bail conditions. The proposal suggests the installation of an application on Bankman-Fried's phone to automatically record and...
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Retail Job Losses: Does This Point Toward Protracted Sectoral Weakness?
Friday, June 9, 2017 - 3:36pm | 1033That the retail sector is struggling is no secret. Brick-and-mortar stores are reeling under the impact their online counterparts are having on the way things are bought. Several of them are closing down underperforming stores, while some of them are going out of the business — arguably...
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A Former Sears Exec Just Trashed The Company's Current Management
Thursday, June 8, 2017 - 1:48pm | 399Sears Holdings Corp (NASDAQ: SHLD) is fighting hard to remain relevant in the retail environment, but at least one former executive isn't offering any moral support or encouragement. In an interview with TheStreet, Sears Canada's former CEO Mark Cohen blasted the company, including its most senior...
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Sears' Troubles Continue As Suppliers Shed Company
Thursday, March 23, 2017 - 10:03am | 425Sears Holdings Corp (NASDAQ: SHLD)'s stock plummeted 12 percent on Wednesday after the company acknowledged it now has "substantial doubt" over its ability to continue operating. Investors looking for a rebound in Sears' stock won't find it Thursday morning; Sears' stock fell another 4 percent...
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Was The NYT Amazon Article An 'Incredible, Cheap Shot?'
Monday, August 17, 2015 - 2:41pm | 340The New York Times recently published an article titled, "Inside Amazon: Wrestling Big Ideas In A Bruising Workplace," in which the authors argued that Amazon.com, Inc. (NASDAQ: AMZN) puts too much stress on its employees. Mark Cohen, former CEO of Sears Holdings Corp (NASDAQ: SHLD)'s...