Michael Lewis's latest book reveals bizarre tales

63
3
Michael Lewis's latest book reveals bizarre tales

Sam Bankman-Fried, the founder of FTX, has been charged with running one of the biggest financial frauds in US history.

What is your review of Michael Lewis's book, but he has a knack for finding interesting characters to write about.

The latest is Sam Bankman-Fried, the founder of failed crypto exchange FTX, who is accused of running one of the biggest financial frauds in US history.

The latest book by Lewis, Going Infinite, chronicles the rise and fall of the man known as SBF, and is released on October 3 - the same day Bankman-Fried's trial begins in a federal court in New York City.

CBS's TV program 60 Minutes aired an interview with Lewis on the night of October in which Lewis delved deep into Bankman-Fried's history and psyche and revealed juicy tidbits from the book, which he compiled from meeting SBF more than 100 times over two years.

What are some of the weirdest stories about Bankman-Fried?

In his first TV interview, SBF played a video game.

Lewis said that during Bankman-Fried's very first TV appearance, when FTX was gaining notoriety, he was playing a video game through it all. ''S because he's trying to win his video game at the same time he's on the air,'' Lewis said.

Inperhaps the most fish-out-of-water story ever, Lewis said Vogue editor-in-chief and fashion icon Anna Wintour wanted Bankman-Fried, who rarely wore anything other than shorts and a T-shirt and who Lewis called 'the worst-dressed person in America... the worst-dressed billionaire in the history of billionaires', to sponsor the swanky Met Gala. Lewis said he would not give up until we know what he thinks. He had an infinite amount of money, and was willing to give it away. When Bankman-Fried took a Zoom meeting with Wintour, Lewis said, he had no idea who she was.

SBF and Tom Brady were friends. With the $55 million valuation, Lewis said Brady 'adored him'.

The SBF wanted to pay Trump for not running for the presidency.

Bankman-Fried has donated numerous millions of dollars to both Republicans and Democrats, but he was so worried about Donald Trump - who he considered a threat to democracy - that he considered paying Trump not to run for president in 2024, Lewis said.

They never went anywhere, obviously, and Bankman-Fried was unsure about the legality of paying Trump not to run, Lewis said. But those talks reportedly stopped when FTX collapsed and Bankman-Fried lost almost his entire fortune.

Bankman-Fried faces up to 100 years in prison if convicted of a variety of federal fraud and conspiracy charges. When asked what Bankman-Fried fears about potentially being imprisoned, Lewis had a surprising answer :

If given the choice of living in a $39m penthouse in the Bahamas without internet access, or being in jail but with internet access, Lewis said, there's no question in my mind he'd take the jail.