Fox News host Tucker Carlson took the New York Times to task for hosting an event that gave a platform to Sam Bankman-Fried, the former CEO of now-collapsed FTX.
Carlson forcefully laid bare the blatant hypocrisy of the Times. The “newspaper of record” tells you that some people harbor views “so reprehensible, these people are physically off limits.”
These political renegades are “thought criminals and thought crimes are the only ones that matter.”
But Bankman-Fried spearheaded the funneling of tens of millions into Democratic coffers and reportedly intended to donate at least $1 billion to leftist causes.
Reports claim that the FTX collapse cost investors as much as $8 billion, and Bankman-Fried’s $16 billion fortune went up in smoke with the cryptocurrency brokerage’s bankruptcy.
Bloomberg’s Billionaire Index reported the number went even higher, listing the former CEO’s personal wealth at $25 billion by the end of 2022’s first quarter.
Cancel Culture has wiped out a lot of people yet the @WSJ and @nytimes still trying to rehab and protect the imagine of Sam Bankman-Fried. So many young people looking to make their way in life have been wiped out.
The "elites" protect their own even under a microscope. pic.twitter.com/ZaUjLi7TTz
— Charles V Payne (@cvpayne) November 24, 2022
Carlson declared that, according to the Times, “good liberals can always be forgiven…because in the end, their hearts are in the right place.” Never mind that Bankman-Fried is alleged to have stolen billions from Americans to buy real estate in the Caribbean along with political favor.
And ignore the fact that regulators report a company riddled with fraud and mismanagement. What matters is that the Democratic mega-donor had the proper political loyalties.
This mangled set of priorities led the Times to grant a highly visible and publicized 90-minute interview with the disgraced former CEO.
Declaring that “I’ve had a bad month,” Bankman-Fried told the New York Times Dealbook Summit that he “didn’t try to commit fraud.” He further pushed back on accusations that he knowingly commingled as much as $10 billion with trading firm Almadea Research, which he also co-founded.
From a valuation of roughly $40 billion earlier this year, Bankman-Fried’s empire a mere seven months later is in ruins. Just within the last month, he became the focus of civil and criminal investigations by the Justice Department, Securities and Exchange Commission, and others.
Bizarrely, he claimed to “not have the bandwidth” to operate FTX and Alameda at the same time.
No matter, since the New York Times saw fit to provide a forum for a man who will likely face charges for the disappearance of billions in investor funds. His politics — and fortune — banked strongly to the left, and that is enough for a dose of undeserved forgiveness.