later. and they lost. so maybe democracy later. and they lost. so maybe democracy did later. and they lost. so maybe democracy did work. later. and they lost. so maybe democracy did work. anthony, | later. and they lost. so maybe i democracy did work. anthony, thank you. now, there were a lot of casualties in the 2008 crash. the biggest of them all lehman brothers. supposedly too big to fail, yet it did go under, betting big on sub prime mortgages until they went south, and then in turn so did a financial behomoth. have we just seen the crypto equivalent? ftx was the second largest cryptocurrency exchange. worth around $32 billion. its young owner sam bankman fried was a few months ago on the front cover of fortune magazine, billed as the nextjp morgan. last week his company collapsed. bloomberg has billed it as one of history s greatest ever destructions of wealth. felix salmon, chief financial correspondent for axiosjoins us now. goodness me, his whole fortune, $7 billion go