[HN Gopher] Second suretor of SBF's bond, for $500k, is Larry Kr...
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       Second suretor of SBF's bond, for $500k, is Larry Kramer
        
       Author : latchkey
       Score  : 20 points
       Date   : 2023-02-15 19:26 UTC (3 hours ago)
        
 (HTM) web link (twitter.com)
 (TXT) w3m dump (twitter.com)
        
       | paulpauper wrote:
       | What does he hope get from this? His downside is 500k. his upside
       | is what?
        
         | detourdog wrote:
         | freindship?
        
         | trynewideas wrote:
         | Take with a grain of salt: https://news.yahoo.com/just-learned-
         | names-2-people-185945980...
         | 
         | > "Joe Bankman and Barbara Fried have been close friends of my
         | wife and I since the mid-1990s," Kramer wrote in an email.
         | "During the past two years, while my family faced a harrowing
         | battle with cancer, they have been the truest of friends -
         | bringing food, providing moral support, and frequently stepping
         | in at moment's notice to help. In turn, we have sought to
         | support them as they face their own crisis."
         | 
         | > He also said he had no business interest in the $500,000 he
         | contributed towards Bankman-Fried's bond.
         | 
         | > "My actions are in my personal capacity, and I have no
         | business dealings or interest in this matter other than to help
         | our loyal and steadfast friends," Kramer wrote. "Nor do I have
         | any comment or position regarding the substance of the legal
         | matter itself, which is what the trial will be for."
        
           | mikeyouse wrote:
           | As fun as the fantastical conspiracy theories are, often the
           | truth is the much more boring "Wealthy people are like
           | everyone else and will often help their friends' families if
           | they're in a position to do so."
           | 
           | I'd lean toward that explanation here. The only question with
           | SBF is how long he's going to spend in prison so it's not
           | surprising a friend of his family stepped in so they could
           | spend the duration of the court case with him rather than
           | visiting him in pre-trial detention.
        
             | [deleted]
        
       | trynewideas wrote:
       | https://archive.ph/Pqr04
       | 
       | > "I had a friend who said, 'You don't want to be seen with (Sam
       | Bankman-Fried's parents),'" said Larry Kramer, a former dean of
       | the law school and a close friend of the Bankman-Fried family. "I
       | don't see how this doesn't bankrupt them."
       | 
       | Bankman-Fried's parents were both Stanford Law professors.
       | 
       | http://archive.today/FDEIc
       | 
       | > A spokeswoman for Mr. Bankman and Ms. Fried wouldn't comment on
       | whether they are giving their son legal advice. Their friends,
       | some of them legal scholars themselves, have said Mr. Bankman-
       | Fried's frequent media appearances are a mistake that could put
       | him deeper in legal jeopardy.
       | 
       | > "They want him to protect himself, and he won't," said Larry
       | Kramer, a former dean at Stanford Law and longtime family friend.
       | "They've decided, 'We're not going to fight with our son.'
       | 
       | ...
       | 
       | > Friends and colleagues said Mr. Bankman, who is also a clinical
       | psychologist by training, abhors conflict. When discussions at
       | the Bankman-Frieds' Sunday dinner parties turned contentious, Mr.
       | Bankman on occasion would step out of the room, friends said.
       | 
       | > "Joe likes people and wants people to be comfortable," Mr.
       | Kramer said.
        
         | mrguyorama wrote:
         | Ah yes, because ignoring bad people and stupid problems always
         | results in a good outcome!
        
           | touisteur wrote:
           | Come on. At dinner parties. You don't have to make every
           | minute of your life a crusade. On sundays! I don't GAF about
           | the rest of the story here but using this as a character
           | failure demonstration is inane.
        
       | latchkey wrote:
       | https://en.wikipedia.org/wiki/Larry_Kramer_(legal_scholar)
        
       | latchkey wrote:
       | https://twitter.com/MailePRMedia/status/1625937066252185600
       | 
       | Also, Andreas Paepcke, Stanford research scientist.
       | 
       | http://infolab.stanford.edu/~paepcke/
        
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       (page generated 2023-02-15 23:02 UTC)