I believe it is more "give the people what they want." This story is getting clicks because the numbers are so big it has everybody daydreaming about having lived through this from the inside. People want details to fill in the cracks of their fantasies.
This is like Nightcrawler, and the press is satisfying the bloodlust of its readers who like The Social Network like drama and Big Shortesque scandals.
We arent living in the right reality if Adam McKay/Charles Randolph/Michael Lewis and Aaron Sorkin/David Fincher/Ben Mezrich dont have dueling FTX movies coming out on opposite streaming services the same week. (Probably Apple and Disney, who then happen to announce a merger, because of course thats how the world works now.)
The Apple-Disney merger is a rumor of genuine vintage.
It was first rumored around 1996-97 when Apple was in enormous trouble. Potential acquirers according to the rumor mill included Oracle, Sun and Disney. (Somehow the “Network Computer” was a cornerstone of these speculations, but I forget what Disney had to do with any of it.)
After Jobs firmly established himself at Apple, the Pixar-Disney connection ensured this speculation regularly resurfaced. Sometime around 2007 Apple passed Disney in market cap and the rumor flipped from a merger of equals to “Apple buys Disney”.
That was a silly tangent. My point was, the press isnt being forced upon society by puppetmasters who lost money in FTX.
Thats a silly silly conspiracy theory.
The story is just generating clicks with the home investor crowd, who has no skin in the game.
This is like Nightcrawler, and the press is satisfying the bloodlust of its readers who like The Social Network like drama and Big Shortesque scandals.
We arent living in the right reality if Adam McKay/Charles Randolph/Michael Lewis and Aaron Sorkin/David Fincher/Ben Mezrich dont have dueling FTX movies coming out on opposite streaming services the same week. (Probably Apple and Disney, who then happen to announce a merger, because of course thats how the world works now.)