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FT Alphaville
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FT Alphaville
@FTAlphaville
The FT’s financial blog. We love balance sheets, financial plumbing, debt crises, margin calls and snark.
- Half of Wall Street’s equity derivatives teams.👌name one thing this country gave to the world
- Why bitcoin is worse than a Madoff-style Ponzi scheme on.ft.com/3mLUFxJ
- The French government makes unemployed people go on blockchain awareness courses run by Binance, where if they gain sufficient blockchain awareness they're given an NFT diploma. Really. This is a thing that actually happens.
- Celsius admitted “that the company had never earned enough revenue to support the yields being paid to investors. This … suggests that at least at some points in time yields to existing investors were probably being paid with the assets of new investors.” on.ft.com/3KSbPV0
- Elon Musk becomes Twitter’s largest shareholder on.ft.com/3KcYh5l
- If Musk can successfully dodge buying Twitter just by tweeting, it suggests Twitter is worth more than he won't be paying. Whereas if he can't, it suggests it's worth less than he will be forced to pay. Tricky.
- Icahn seen clearly now the gains have gone
- Bill Ackman or American Psycho? Take the quiz
- Re-upping this for … reasons. Apple is a Chinese company on.ft.com/3ARgRgp
- Tether says its reserves are backed by cash to the tune of . . . 2.9%
