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Jefferies CEO Says He Offered FTX’s Bankman-Fried Rescue Advice in July

  • Rich Handler says he spent months trying to meet Bankman-Fried
  • Executive hoped to tout his firm’s restructuring expertise
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WATCH: Sam Bankman-Fried told FTX.com investors Wednesday the company faces bankruptcy without a cash injection to fill a shortfall of up to $8 billion.Source: Bloomberg
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Jefferies Financial Group Inc. Chief Executive Officer Rich Handler reckons he could have helped FTX.com avoid its current troubles if only Sam Bankman-Fried had taken his meeting earlier this year.

“Do you know Sam Bankman-Fried? He seems in over his head and could quickly be in a precarious position,” Handler wrote in a July 7 email to an unidentified colleague that the banking executive posted on his personal Twitter account. “Our expertise in rescuing financial services companies might make it worthwhile to meet w him and begin a relationship. Just a thought.”