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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72" style='word-wrap:break-word'><div class=WordSection1><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>A powerful senator asked for leniency for Theranos fraudster Elizabeth Holmes. She defrauded billions from investors but the good senator assured the judge that she was a thoughtful philanthropic individual seeking to make the world a better place. Hmmm, that sounds familiar, where else did we hear that last week? Oh right, Sam Bankman-Fried was also a philanthropic individual, skilled at retail politics and so on. OK then, we see a clear pattern here. <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>When any charismatic CEO starts going on about wanting to save the world, that CEO wants to liberate your money thru the expediency of buying the loyalty of politicians, making their personal bank balance a better place.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Conspicuous altruism has now become the new yellow flag for investors, or perhaps for those of us who are now living and observant, it becomes the new orange flag.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>spike<o:p></o:p></p></div></body></html>