OK: Next up, the Sam Bankman-Fried FTX crypto scam trial and Michael Lewis' new book.
Michael's new book on Mr. Bankman-Fried ("SBF") and the collapse of his FTX cryptocurrency exchange launches Tuesday, October 3rd, the same day SBF goes on trial in NewYork.
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Michael Lewis’ Sam Bankman-Fried book nets $5 million from Apple, as Hollywood cashes in on mogul’s story
Apple’s deal with Lewis to turn his book on Bankman-Fried into a film or TV series is just one of at least eight known Hollywood projects in the works on the rise and fall of the cryptocurrency mogul
From his Brooklyn prison cell, Palo Alto’s disgraced cryptocurrency mogul, Sam Bankman-Fried, has described a harrowing existence of surviving on bread, water and peanut butter and denied adequate internet access to prepare for his trial in October.
But the entrepreneur’s spectacular rise and fall has made for an amazing story, and Berkeley author Michael Lewis and other figures in the entertainment industry are finding ways to cash in, according to a report in The Ankler.
“The Blind Side” author has scored a massive payday for “Going Infinite: The Rise and Fall of a New Tycoon,” his upcoming book about the schlubby-chic son of Stanford Law school professors. Apple paid Lewis $5 million for the rights to his book, presumably to turn it into a film or limited TV series, several sources told the entertainment-news outlet. Given that Lewis spent a year embedded with Bankman-Fried, known as SBF, his book and subsequent Apple project promise a fly-on-the-wall account of Bankman-Fried and his collapsed FTX empire, “a symbol of crypto hubris gone awry,” as the New York Times said.
Lewis’ book, which marks the author’s latest coup, is scheduled to publish Oct. 3, around the time that Bankman-Fried is expected to head to U.S. District Court in Manhattan to stand trial for alleged wired fraud, commodities fraud, money laundering and related conspiracy charges…
I own and have read everything by Michael Lewis. Huge fanboy going back decades, particularly given my stint in subprime finance. I'm on the Amazon pre-order list for this new one. Stay tuned...
OCT 1 PM QUICK NOTE
Michael Lewis will be a guest on CBS 60 Minutes tonight to talk about this case. Also, prior posts on this SBF & family's self-serving "Effective Altruism" schitck here, and here.
UPDATE
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OTHER NEWS
A DYSKINESIAC'S DIGRESSION
Saw this in the Washington Post the other day. Given my ongoing, increasingly irksome affliction with Parkinson's Disease, I've been reading everything I could find flowing from this piece.
“No one really knows what causes Parkinson’s disease, other than about 10 to 20 percent is genetic,” said Ted M. Dawson, a professor of neurology at Johns Hopkins University School of Medicine. “Right now, the only therapies we have are symptomatic. We don’t have anything that slows the progression.”Dr. Dawson is here in Baltimore, at Johns Hopkins School of Medicine.
Researchers such as Dawson have been searching for clues, and in the last two decades, a growing body of evidence points to an unexpected origin for Parkinson’s disease: the gut.
"Dyskinesia?"
“Dyskinesia is most commonly caused by medications, such as long term use of levodopa in Parkinson's disease and use of antipsychotic medications. Dyskinesia caused by brain injury such as vascular event ( stroke) or other brain damage is less common. Movement symptoms typically start as minor shakes, tics, or tremors.”—University of Google School of MedicineYeah. Sinemet—it still SUX.
Dr. Dawson, MD, PhD (internal Med, Pharmacology), msjor league underachiever (as is his colleague spouse Valina L. Dawson, PhD). Lordy Mercy! The talent here in BMore is something else.
Interesting to me is that they both trained clinically at the University of Utah School of Medicine, Salt Lake City. I spent a lot of time in SLC across my three tenures at HealthInsight, the Utah/Nevada Medicare QIO. I wouldn't be surprised if we had mutual acquaintances. For one, Brent James, MD, M.Stat of Intermountain Healthcare (and a Baldrige Examiner) was a key mentor of mine.
Dr. Dawson heads up The Dawson Lab. Check out their "Parkinson's & the Gut" video under "recent topics" on their "Resarch" page. Very nicely done (unfortunately no embed code available).
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*BTW, random note: 4.09 Scaramuccis = 0.246 Friedman Units.
More to come. Gotta go watch the Ravens.
MONDAY OCT 2 UPDATE
Back briefly to the lead-in story, follow-up. Michael Lewia talks to CBS Mornings.
MOVING ALONG:
REVISITING "THE COMING WAVE"
If you lack the time, money, or patience to carefully study the Mustafa Suleyman book, I can attest to the succinct accurate animated A/V summary provided here.
BTW, they've now put up a book-focused website, www.the-coming-wave.com.
More to come...
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