Asset Details
Do you wish to reserve the book?
Viewpoint: It's A Wonderful Life's Lessons Ring True in BlockFi Bankruptcy
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Viewpoint: It's A Wonderful Life's Lessons Ring True in BlockFi Bankruptcy
Do you wish to request the book?
Viewpoint: It's A Wonderful Life's Lessons Ring True in BlockFi Bankruptcy
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Trade Publication Article
Viewpoint: It's A Wonderful Life's Lessons Ring True in BlockFi Bankruptcy
2022
Overview
During the run on the bank scene, George Bailey – played by James Stewart – explains the nature of banking to the small town depositors in Bedford Falls. The rival bank in town (operated by villainous robber baron Mr. Potter) offers $.50 on the dollar to redeem shares in Bailey's failing Building & Loan. Today in the United States Bankruptcy Court for New Jersey, BlockFi's counsel described the company as the \"antithesis\" of FTX. Reading various court documents from both bankruptcies together, it appears from the First Day Declaration of John J. Ray, III (the new CEO of FTX) that FTX actually loaned BlockFi $250 million worth of FTT tokens, and not actual U.S. dollars.
Publisher
Wells Media Group, Inc
Subject
