A review by gls_merch
Going Infinite: The Rise and Fall of a New Tycoon by Michael Lewis

informative fast-paced

3.0

Michael Lewis knows how to tell a story. This is credit to his ability to get close to his subject and get candid information. He clearly lays bare how SBF and FTX/Alameda rose to prominence, and how this happened with no adults in the room and an utter lack of internal controls. It is indisputable that Alameda, an entity controlled by SBF, was able to access FTX customer funds at no costs and faced no margin liquidation risk. Therefore, it boggles my mind how Lewis so easily excuses the loss of customer funds and bankruptcy. It doesn't matter they've managed to recover 90 cents on the dollar in bankruptcy. The funds were not safu. It's this bizarro conclusion that weighs heavily on the rating of this book.