Bankman-Fried Charged by US with Fraud

Bloomberg News Senior Markets Reporter Katie Greifeld and Bloomberg News Bankruptcy Reporter Steven Church discuss FTX founder Sam Bankman-Fried being charged with eight criminal counts, including conspiracy and wire fraud, for allegedly misusing billions of dollars in customers’ funds before the spectacular collapse of his cryptocurrency empire. Steven Skancke, Chief Economic Advisor at Keel Point and Bloomberg News International Economics and Policy Correspondent Michael McKee provide a preview on Wednesday's Federal Reserve rate decision. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Finance Team Leader Sally Bakewell share the details of the Businessweek Magazine story AmEx Hooked Big Spenders, Regained Throne With Pricier Platinum. Rocket Mortgage CEO Jay Farner talks about the mortgage business and the impact Fed policy has on home buyers. And we Drive to the Close with Axel Merk, President & CIO at Merk Investments. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.