Dec 2, 2022
Incompetent boss jokes have long been a staple in the workforce, but between the Theranos convictions and now the FTX implosion there may be more than a little truth behind these jokes. Executives running their companies while not fully understanding their business appear to have become a growing trend and its resulting in massive cases of fraud. The consequences aren’t just for the CEO’s though, Sam Bankman-Fried admitting he screwed up with FTX has brought back skepticism regarding if we are headed towards a cashless or bank-free society. Host Jack Russo and CPA Steve Rabin discuss what impact FTX will have on the future of cryptocurrencies, inept leadership, and new layers of legislation.