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Mr Ray you have compared FTX as worse than Enron can you please elaborate on some of the specific ways FTX is worse than one of the largest corporate frauds in history the the FDX group is unusual in the sense that you know I've done probably a dozen large you know scale bankruptcies over my career including Enron of course uh every one of those entities had some financial problem or another they have some characteristics that are in common uh this one is unusual and it's unusual in the sense that literally you know there's no record-keeping whatsoever it's the absence of record-keeping employees would communicate you know invoicing and expenses on on slack which is you know essentially a uh you know a way of communicating for chat rooms uh they use QuickBooks a multi-billion dollar company using QuickBooks QuickBooks QuickBooks uh nothing against QuickBooks very nice tool just not for a multi-billion dollar company there's no independent board right we we had one person really contro...
