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Bankman-Fried's Bail Guarantors Revealed

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Posted By: WhamDBambam, 2/16/2023 6:53:39 AM

The previously sealed names of two people who co-signed Sam Bankman-Fried’s $250 million bail package have been publicly released. The guarantors were identified in the unredacted bonds as Andreas Paepcke, a Stanford research scientist...(snip) and Larry Kramer, former dean of Stanford law school...

Comments:

How did these Stanford faculty members get so rich as to guarantee that size of a bail?"

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Reply 1 - Posted by: MOBeef4u 2/16/2023 7:47:15 AM (No. 1404141)
My thought exactly, OP.
23 people like this.

Reply 2 - Posted by: coobr03 2/16/2023 8:17:48 AM (No. 1404156)
From the article "It turns out, according to Bloomberg reporting, that Kramer and Paepcke had signed on as sureties for separate bonds of only $500,000 and $200,000, respectively. so much for that $250 million?"
9 people like this.

Reply 3 - Posted by: EJKrausJr 2/16/2023 8:19:13 AM (No. 1404158)
And why would you guarantee B-F's bail? What is the Stanford faculty members' skin in the game? Did they receive $$$ from FTX? Futher investigation is warranted.
22 people like this.

Reply 4 - Posted by: felixcat 2/16/2023 8:29:27 AM (No. 1404175)
SB-F parents are professors at Stanford and big in Dem politics so it's just the Dems taking care of one of their own. Yes indeed, the "private sector" when it comes to the Dems pays very well indeed.
13 people like this.

Reply 5 - Posted by: Hazymac 2/16/2023 9:10:58 AM (No. 1404220)
How does one turn $700,000 into $250,000,000? Alchemy, or more likely a crooked, two-tiered justice system. Would the authorities have accepted a similar deal for Bernie Madoff? I suppose Madoff wasn't as generous to Democrats and a handful of RINOs as was SBF. SBF should also die in prison, whenever that happens.
12 people like this.

Reply 6 - Posted by: stablemoney 2/16/2023 10:31:07 AM (No. 1404281)
So we were lied to about the $250 million dollar bond. One thing dead in the left's new America is truth.
10 people like this.

Reply 7 - Posted by: DVC 2/16/2023 12:47:56 PM (No. 1404418)
So, now we know two of his co-conspirators.
3 people like this.

Reply 8 - Posted by: Jesuslover54 2/16/2023 7:29:59 PM (No. 1404722)
So the bail bondsman accepted $700k against $250 mil? Why not the usual 10% - $25 mil?
0 people like this.

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