560. Is This “the Worst Job in Corporate America” — or Maybe the Best?

John Ray is an emergency C.E.O., a bankruptcy expert who takes over companies that have succumbed to failure or fraud. He’s currently cleaning up the mess left by alleged crypto scammer Sam Bankman-Fried. And he loves it.

 

RESOURCES:

"United States of America v. Samuel Bankman-Fried, a/k/a 'SBF,'" by the United States District Court Southern District of New York (2023)."Does FTX’s New CEO Have the Worst Job in Corporate America?" by Ben Cohen (The Wall Street Journal, 2022)."John J. Ray III, a St. Joseph’s Grad From Pittsfield, Is Earning $1,300 an Hour to Sort Out the Remains of the FTX Cryptocurrency Collapse," by Larry Parnass (The Berkshire Eagle, 2022)."'Pit Bull' Fights to Pick Up Enron's Pieces," by Ameet Sachdev (Chicago Tribune, 2007).

EXTRAS:

“The Secret Life of a C.E.O.,” series by Freakonomics Radio (2018-2023)."Did Michael Lewis Just Get Lucky with Moneyball?" by Freakonomics Radio (2022)."Does the Crypto Crash Mean the Blockchain Is Over?" by Freakonomics Radio (2022)."What Can Blockchain Do for You?" series by Freakonomics Radio (2022).

SOURCES:

John Ray, C.E.O. of FTX.