560. Is This “the Worst Job in Corporate America” — or Maybe the Best?

John Ray is an emergency C.E.O., a bankruptcy expert who takes over companies that have succumbed to failure or fraud. He’s currently cleaning up the mess left by alleged crypto scammer Sam Bankman-Fried. And he loves it. RESOURCES: " United States of America v. Samuel Bankman-Fried, a/k/a 'SBF,' " by the United States District Court Southern District of New York (2023). " Does FTX’s New CEO Have the Worst Job in Corporate America? " by Ben Cohen ( The Wall Street Journal, 2022). " John J. Ray III, a St. Joseph’s Grad From Pittsfield, Is Earning $1,300 an Hour to Sort Out the Remains of the FTX Cryptocurrency Collapse ," by Larry Parnass ( The Berkshire Eagle, 2022). " 'Pit Bull' Fights to Pick Up Enron's Pieces ," by Ameet Sachdev ( Chicago Tribune, 2007). EXTRAS: “ The Secret Life of a C.E.O. ,” series by Freakonomics Radio (2018-2023). " Did Michael Lewis Just Get Lucky with Moneyball ? " by Freakonomics Radio (2022). " Does the Crypto Crash Mean the Blockchain Is Over? " by Freakonomics Radio (2022). " What Can Blockchain Do for You? " series by Freakonomics Radio (2022). SOURCES: John Ray , C.E.O. of FTX. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.