As the collapse of FTX reverberates through the financial community, Stanford deserves ever more scrutiny.
Here’s a giant clue: the villain of FTX was born and grew up entirely in Stanford, the son of two Stanford professors. He is quite possibly the most accurate example of the Stanford mindset.
Take his mother for example.
First she says this:
Fried told the Stanford Daily that her absence was simply due to a “long-planned” decision to retire and has “nothing to do with anything else going on,” presumably referencing the downfall of her son’s fake crypto empire.
Then she throws this wrench into her own story:
She added that she would like to make a return to teaching in the future, which somewhat refutes her earlier statement.
I love the fact that a reporter calls attention immediately to BS coming out of both sides of her mouth.
A long-planned decision that she would stop on this spot, contradicted by saying she will decide to start again any minute.
Any guess where she plans to retire? Here’s a giant clue:
The news comes amidst criticisms surrounding the [FTX CEO] family’s acquisition of a $16.4 million vacation home from FTX shortly before its collapse.
When you really look at Stanford setting up a Potemkin village to lobby government, funded by Facebook and run by the “retired” Facebook executive embroiled in GDPR and Cambridge Analytica breaches (let alone worst privacy breaches of all time)… FTX seems to fit a pattern of fabricating reality to suit only the holier-than-thou of Stanford.
As I’ve explained before, the very name Stanford represents cruel fraud, systemic racism and ultimately genocide.
It’s always been odd to me that people willingly associate themselves with Stanford. Some surely swallowed the mantra they always could find a way to be right while doing wrong. It’s the worst possible version of what some today call a plan for “Metaverse”.
In that sense I wonder if the villain of FTX ever really tasted reality before now. And on that note the real villain of Stanford was and always will be… Stanford.