Guilty on All Counts: The Fall & Fraud of SBF 11/3/23
Sam Bankman-Fried was found guilty on all 7 criminal charges he faced in the weeks-long trial that captivated Wall Street and Main Street. CNBC’s Kate Rooney reports on the prison-time the FTX founder is facing (a maximum of 115 years), and the evidence that got him there. The SEC’s former Internet Enforcement Chief John Stark explains what the verdict means for crypto regulation going forward. Transportation Secretary Pete Buttigieg discusses the UAW’s deals with American automakers after negotiations finally ended a six-week strike. He discusses aviation’s biggest challenges, American infrastructure, and investing in autonomous vehicles. Plus, Kraft Heinz is cashing in on the Taylor Swift economy, which–if you hadn’t noticed–is booming. Kate Rooney - 2:17 John Stark - 6:41 Pete Buttigieg - 17:29 In this episode: Kate Rooney, @Kr00ney Pete Buttigieg, @SecretaryPete Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie
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