Since joining the EU Malta has become an attractive location to establish a fund. The legislation that was enacted at the time meant that additional fund regimes could be introduced.
A federal appeals court rejecting a request to rei object state president biden s student loan bailout. the program, which aims to forgive $10,000 in federal student debt per borrower was put on hold by a lower district court in texas. prior to yesterday s ruling, the justice department said it would ask the supreme court to intervene if its appeal was denied. it s one of two decisions preventing the education department from moving forward with the $400 billion plan. and the former ftx ceo speaking out for the first time since the crypto currency company imlapsd. bankman freeland denied any criminal wrongdoing but he does say the company failed to safeguard investor funds. testified, i was ceo of ftx and that means whatever happened, why ever it happened, i had a duty. i had a duty to all of our stakeholders, to our customers to do right by them to make sure of the right things happened to the company and apparently i
Now. todd: biden talks like a tough guy but amtrak joe did not want to take down the unions and caves. your situation now, congressman congressman james comer getting up with us early and we appreciate it, sir. the biden administration request to student loan bailout. the program to forgive $10,000 in federal student loans per borrower put on hold by lower district court in texas. the fifth circuit court will uphold that decision. the justice department said it would asked the supreme court to intervene if denied in the fifth circuit. the two prince don t make decisions to move forward with $400 billion student loan hando. that dead in the water. carley: the former ceo speaking out in a live interview for the first time since it all came crashing down saying engman freed denies criminal doing but a massive oversight of investor
Companies located and permitted and we have to work on all of those, it is a national issue and fortunately, this is one that is bipartisan. steve: all rights, have a great meeting, congressman, thanks for giving us a preview. 16 before the top of the hour, carley joins us with news about the crypto guy. carley: i do, former ftx ceo speaking out for the first time since the company s collapse. sam bankman-fried denies wrongdoing and he says the company failed to safeguard investor funds. i was ceo of ftx and that means whatever happened, i had a duty to our stake holders and customers to do right by them and make sure right things happen to the company and i didn t do a good job of that. carley: $1 billion is missing from ftx and $10 billion transferred to sister company
Investor funds while denying any criminal wrongdoing for its downfall. we ll see about that. kelly o grady is live in los angeles. listen, that sound bite that you played really shows the defense sam bankman-fried is mistake and no criminal intent. a couple of key takeaways from the interview. first he believes the u.s. platform is solvent and all american users will get their money back. curious given the bankruptcy filing on 1.2 billion in cash has been recovered. he shared that the donations came from profits. he said his personal fortune was tied up in the company and they are putting the blame on ftx sister company alameda research claiming quote, i wasn t running alameda and didn t know what was going on.