Netflix gives a director $55 million dollars to produce a series. He blows most of it and begins acting erratic.
He proceeds to put $11 million in his personal Charles Schwab account and loses it all in $5.9 million in a couple weeks trading Gilead Sciences.
He then goes and puts $4 million in Kraken to buy DogeCoin. However, unlike his stock investments, he liquidates his position for nearly $27 million.
Wife then divorces him, he sues netflix, they are currently in arbitration.
What a wild ride.
www.nytimes.com/2023/11/22/business/carl-rinsch-netflix-conquest.html
h/t stockocean
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