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Larry Summers likens FTX collapse to Enron: ‘Whiffs of fraud’

Por: New York Post Business November 15, 2022

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Former Treasury Secretary Larry Summers likened to the infamous Enron scandal of more than 20 years ago, saying that both involved cases where people detected “whiffs of fraud.” “A lot of people have compared this to Lehman. ,” Summers “The smartest guys in the room. Not just financial error but — certainly from the reports — whiffs of fraud.” Enron was the Texas-based energy trader and supplier that used off-the-books accounting... + full article



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