A billionaire got scammed three separate times in some of the biggest financial scandals in American history. Ana Kasparian and Cenk Uygur discuss on The Young Turks. Watch TYT LIVE on weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live
Read more HERE: https://moneywise.com/investing/investing-basics/protect-yourself-from-investing-scams
"Like a man struck by lightning three times, billionaire oil baron Robert Belfer has the dubious distinction of falling prey to Enron’s corruption, Bernie Madoff’s Ponzi scheme and the implosion of cryptocurrency exchange FTX.
To say this 87 year old is a financial fraud survivor is putting it mildly. Madoff took him for tens of millions. Kenneth Lay’s energy company drained him of billions. Now, as first reported in the Financial Times, Belfer stands to lose a total stake of $34.5 million in Sam Bankman-Fried’s crypto company.
Cold comfort, perhaps, but in every case Belfer was far from alone in losing a fortune. With FTX, other wealthy Americans like New England’s Patriots owner Robert Kraft and Tampa Bay Buccaneers quarterback Tom Brady have been sacked, if you will."
***
The largest online progressive news show in the world. Hosted by Cenk Uygur and Ana Kasparian. LIVE weekdays 6-8 pm ET.
Help support our mission and get perks. Membership protects TYT's independence from corporate ownership and allows us to provide free live shows that speak truth to power for people around the world. See Perks: ▶ https://www.youtube.com/TheYoungTurks/join
SUBSCRIBE on YOUTUBE: ☞ http://www.youtube.com/subscription_center?add_user=theyoungturks
FACEBOOK: ☞ http://www.facebook.com/TheYoungTurks
TWITTER: ☞ http://www.twitter.com/TheYoungTurks
INSTAGRAM: ☞ http://www.instagram.com/TheYoungTurks
TWITCH: ☞ http://www.twitch.com/tyt
???? Merch: http://shoptyt.com
❤ Donate: http://www.tyt.com/go
???? Website: https://www.tyt.com
????App: http://www.tyt.com/app
???? Newsletters: https://www.tyt.com/newsletters/
If you want to watch more videos from TYT, consider subscribing to other channels in our network:
The Watchlist https://www.youtube.com/watchlisttyt
Indisputable with Dr. Rashad Richey https://www.youtube.com/indisputabletyt
Unbossed with Nina Turner https://www.youtube.com/unbossedtyt
The Damage Report ▶ https://www.youtube.com/thedamagereport
TYT Sports ▶ https://www.youtube.com/tytsports
The Conversation ▶ https://www.youtube.com/tytconversation
Rebel HQ ▶ https://www.youtube.com/rebelhq
TYT Investigates ▶ https://www.youtube.com/channel/UCwNJt9PYyN1uyw2XhNIQMMA
#TYT #TheYoungTurks #BreakingNews
230302__TB01RichOil
Read more HERE: https://moneywise.com/investing/investing-basics/protect-yourself-from-investing-scams
"Like a man struck by lightning three times, billionaire oil baron Robert Belfer has the dubious distinction of falling prey to Enron’s corruption, Bernie Madoff’s Ponzi scheme and the implosion of cryptocurrency exchange FTX.
To say this 87 year old is a financial fraud survivor is putting it mildly. Madoff took him for tens of millions. Kenneth Lay’s energy company drained him of billions. Now, as first reported in the Financial Times, Belfer stands to lose a total stake of $34.5 million in Sam Bankman-Fried’s crypto company.
Cold comfort, perhaps, but in every case Belfer was far from alone in losing a fortune. With FTX, other wealthy Americans like New England’s Patriots owner Robert Kraft and Tampa Bay Buccaneers quarterback Tom Brady have been sacked, if you will."
***
The largest online progressive news show in the world. Hosted by Cenk Uygur and Ana Kasparian. LIVE weekdays 6-8 pm ET.
Help support our mission and get perks. Membership protects TYT's independence from corporate ownership and allows us to provide free live shows that speak truth to power for people around the world. See Perks: ▶ https://www.youtube.com/TheYoungTurks/join
SUBSCRIBE on YOUTUBE: ☞ http://www.youtube.com/subscription_center?add_user=theyoungturks
FACEBOOK: ☞ http://www.facebook.com/TheYoungTurks
TWITTER: ☞ http://www.twitter.com/TheYoungTurks
INSTAGRAM: ☞ http://www.instagram.com/TheYoungTurks
TWITCH: ☞ http://www.twitch.com/tyt
???? Merch: http://shoptyt.com
❤ Donate: http://www.tyt.com/go
???? Website: https://www.tyt.com
????App: http://www.tyt.com/app
???? Newsletters: https://www.tyt.com/newsletters/
If you want to watch more videos from TYT, consider subscribing to other channels in our network:
The Watchlist https://www.youtube.com/watchlisttyt
Indisputable with Dr. Rashad Richey https://www.youtube.com/indisputabletyt
Unbossed with Nina Turner https://www.youtube.com/unbossedtyt
The Damage Report ▶ https://www.youtube.com/thedamagereport
TYT Sports ▶ https://www.youtube.com/tytsports
The Conversation ▶ https://www.youtube.com/tytconversation
Rebel HQ ▶ https://www.youtube.com/rebelhq
TYT Investigates ▶ https://www.youtube.com/channel/UCwNJt9PYyN1uyw2XhNIQMMA
#TYT #TheYoungTurks #BreakingNews
230302__TB01RichOil
- Category
- Europe
- Tags
- 230302__TB01RichOil, News, Politics
Sign in or sign up to post comments.
Be the first to comment