If you ever say to yourself, "Gee, I'd love to have a million bucks some day, but I just don't think I'm smart enough to get there..."
Trust me, you are:
FTX's new CEO blasted Sam Bankman-Fried and his top business associates during scorched-earth testimony before a key House panel on Tuesday — just hours after the disgraced ex-billionaire's arrest. ...
At one point, the new FTX boss shocked lawmakers by revealing that Bankman-Fried and his associates used QuickBooks, Intuit's bookkeeping software for small businesses, to manage its sprawling cryptocurrency empire.
"There's no recordkeeping whatsoever, there's an absence of recordkeeping," Ray said. "They used QuickBooks, a multibillion-dollar company using QuickBooks. Nothing against QuickBooks, it's a very nice tool, just not for a multibillion-dollar company."
Hard to believe, isn't it? These guys balancing the books like it's 1996.
