Stanford University, the esteemed center of learning, located in the Bay Area on the doorstep of Silicon Valley, has been turned into a prison camp. It was announced today that Sam Bankman-Fried, the accused founder of bankrupt crypto currency operatiion FTX, has been bailed out of jail and will return to the Stanford campus in Palo Alto, California, where his two university professor parents live in their home. Given that both parents were heavily involved in the rise and fall of FTX, it is safe to assume they both will be charged as co-conspirators in the fraudulent activities of their older son, SBF.
The campus will again become the focus of media pundits as they descend on the bucolic 'farm' setting: rolling hills, tall and mature oak trees, deer cavorting among the various department buildings located in the valleys and glens that are found throughout. Perhaps the lawyer/parents will continue to socialize with their many local friends. But prudence says no. The publicity surrounding what could be the largest fraud in American history defies imagination. They all should be put on suicide watch. Old Jeffrey Epstein decided, in jail, he didn't want a public trial that would identify him as a fraudster/human trafficker. He hung himself. His co-conspirator is now serving 20 years in a slammer. So, SBF and family, comfortable at the moment in familiar surroundings, will mull over the coming storm. How much suffering can one endure? How much life do they have left to live? What will it cost them? Their reputations are trashed, finished, emptied of any beneficial considerations. Their superstar son crashed and is burning; burning them and all he touched. His 2 business partners just plead guilty, and agreed to cooperate with the F.B.I. There's is no escape. Stanford is not a refuge under these circumstances. It is in fact, a prison.
Mrs. Stanford is probably rolling over in her grave.
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