FTX founder Sam Bankman-Fried ran the cryptocurrency exchange as his “personal fiefdom” before its implosion, according to a lawyer working on the bankruptcy, with “substantial amounts of money” spent on items unrelated to the business such as vacation homes in the Bahamas.
“We have witnessed one of the most abrupt and difficult collapses in the history of corporate America,” James Bromley of Sullivan & Cromwell told a US court on Tuesday. He added that bankruptcy proceedings had “allowed everyone for the first time to see under the covers and recognise the emperor had no clothes”.
FTX filed for US bankruptcy protection on November 11 as its customers fled and executives discovered billions of dollars in missing funds, exacerbating turmoil in cryptocurrency markets.
The team of lawyers charged with winding down FTX is attempting to identify a complex web of assets in order to repay creditors. The case has been marked by allegations of misconduct and major governance failures, as well as a jurisdictional dispute between the US and the Bahamas, where FTX’s small inner circle ran the business.
According to the company, FTX’s overall valuation peaked at $40bn — $32bn for its international business and $8bn for its US operations based on funds raised from venture capital investors.
Bromley said the bankruptcy team had found that “substantial funds” were transferred from the exchange to Bankman-Fried’s crypto hedge fund Alameda Research, and “substantial amounts of money were spent on things not related to the business”.
This included around $300mn of real estate in the Bahamas that were “homes and vacation properties used by the senior executives” of FTX, he said.
The Alameda hedge fund also appeared to have used FTX funds to make billions of dollars of illiquid venture investments in funds such as Sequoia Capital and companies like Elon Musk’s SpaceX and Boring Company.
FTX filed for bankruptcy protection following an “effective run on the bank”, Bromley said, after rival crypto exchange Binance moved to liquidate its FTT tokens, the cryptocurrency issued by FTX. The token lost 80 per cent of its value in two days, tumbling from a peak of $9.6bn in total market value to just $422mn.
Bromley also revealed that the team of lawyers and investigators working on the bankruptcy would investigate a transaction last year between FTX and Binance. The rival crypto exchange, which is run by Changpeng Zhao, divested an equity stake in FTX for around $2.1bn in cash and cryptocurrencies.
FTX is now led by its new chief executive and chief restructuring officer John J Ray III. The bankruptcy team includes investigation firms such as Kroll, blockchain research group Chainalysis, and a cyber security firm whose identity has not been disclosed over security concerns as it battles hacking attempts on FTX and its assets.
Bromley added that the company was working with the US government and international regulators with an interest in the FTX collapse, including the US Department of Justice and the Securities and Exchange Commission.
Prosecutors working with the Department of Justice’s Southern District of New York and the Financial Crimes Investigation Branch of Bahamas have launched two separate criminal probes into the implosion of FTX.
A list of the 20 largest creditors in the FTX businesses has been sealed by the court. However, US bankruptcy judge John Dorsey ordered the lawyers to make public the names of individuals and entities on the bankruptcy creditors’ committee, which is likely to include institutional investors that acquired stakes in FTX.
Dorsey also approved FTX’s requests to pay remaining employees and vendors.
A protester met the full-force of NFL linebacker Bobby Wagner on Monday night as the Los Angeles Rams hosted the San Francisco 49ers.
At the end of the first half, a man ran onto the field at the Levi’s Stadium carrying a pink flare, temporarily halting play.
While he initially evaded the efforts of stewards trying to stop him, he made the mistake of running towards the Rams defensive bench.
Wagner and teammate Takkarist McKinley saw him coming and, as McKinley tried to grab hold of the protester, Wagner took him down.
Content with his intervention, the 32-year-old walked away as security escorted the man off the field.
“He looked like he wasn’t supposed to be on the field,” Wagner told reporters after the game. “I saw security was having a little problem – so I helped him out.”
NFL legends Peyton and Eli Manning seemed to enjoy the takedown as they reacted on ESPN.
“That’s what we’re talking about. Wagner, a veteran. Get him down, now get out and let the guys takeover. Bobby Wagner, a veteran play,” Peyton laughed as he watched a replay of the incident.
Animal rights group Direct Action Everywhere took responsibility for the stunt, with the protester trying to raise awareness of ‘Right to Rescue,’ an affiliate organization that looks to “help the whistleblowers facing prison time for exposing factory farm abuses and rescuing suffering animals.”
Another protester also tried to disturb the game but appeared to be stopped early on.
Direct Action Everywhere posted a picture on Twitter of the two activists after they were released, adding that they were “a bit beaten up but in good spirits.”
It also said the man tackled by Wagner had a burn on his arm, presumably from the flare.
The 49ers went on to dominate the Rams behind a stout defense that had seven sacks and an interception, winning 24-9 to move to 2-2 on the season. The loss also drops the defending champion Rams to 2-2 on the year.
Texas Attorney General Ken Paxton (R) “ran” from his home and took off in a truck with his wife, a state senator, when a process server showed up to the residence Monday morning to serve Paxton with subpoenas in an ongoing lawsuit, according to an affidavit filed later that day.
The subpoenas for Paxton’s testimony are part of a lawsuit filed in August by reproductive health groups looking to protect their ability to help patients access legal abortions in states outside of Texas, where performing nearly all abortions became illegal following the Supreme Court’s overturning of Roe v. Wade in June.
On Monday evening, Paxton addressed theprocess server’s claims, writing on Twitter that, earlier in the day, he had been avoiding a “stranger lingering outside my home” and was concerned for his and his family’s safety.
“This is a ridiculous waste of time and the media should be ashamed of themselves,” Paxton wrote in response to the Texas Tribune, which earlier reported the story. “All across the country, conservatives have faced threats to their safety — many threats that received scant coverage or condemnation from the mainstream media.”
Paxton’s office did not immediately respond to a request for comment from The Washington Post late Monday. A representative for Paxton’s wife, state Sen. Angela Paxton (R), also did not immediately respond to a request for comment.
Abortion is now banned in these states. See where laws have changed.
This is a ridiculous waste of time and the media should be ashamed of themselves. All across the country, conservatives have faced threats to their safety — many threats that received scant coverage or condemnation from the mainstream media.
— Attorney General Ken Paxton (@KenPaxtonTX) September 27, 2022
In the affidavit signed and filed on Monday, process server Ernesto Martin Herrera said that he arrived at Paxton’s residence in McKinney around 8:30 a.m., parking on the street in front of the house. Seeing the silhouette of a man in the living room, Herrera knocked on the front door, according to the affidavit.
A woman answered it, Herrera said, and he explained that he needed to deliver legal documents to Paxton. The woman, who eventually identified herself as “Angela,” said that Paxton was on the phone and was in a “hurry to leave,” the affidavit states. Herrera added that he saw a black Chevrolet truck parked in the driveway. He could not immediately be reached for comment Tuesday morning.
Herrera said he went back to his car and waited, “per my client’s instructions,” according to the affidavit. Around 9:20 a.m., he saw a different vehicle — a black Chevrolet Tahoe — drive up to the home and back into the driveway. About 20 minutes later, Herrera said he saw Paxton walk out of the garage, so he approached Paxton and called him by name.
“As soon as he saw me and heard me call his name out, he turned around and RAN back inside the house through the same door in the garage,” Herrera stated in the affidavit, emphasizing the word “ran” with bold type and an underline.
Less than 10 minutes later, “Angela” emerged from the house and opened one of the truck’s rear doors before getting into the driver’s seat and starting the vehicle, Herrera said in the affidavit. Paxton then ran from his home to the truck, as Herrera called out his name and said he had court documents for him, Herrera claimed.
“Mr. Paxton ignored me and kept heading for the truck,” Herrera stated.
Herrera said he told Paxton that he was going to put the documents on the ground, and then did so beside the truck.
Paxton “got in the truck leaving the documents on the ground, and then both vehicles left,” Herrera wrote.
The subpoenas are seeking Paxton’s appearance and testimony at a court hearing scheduled for Tuesday morning. As of early Tuesday, the hearing remained on the court’s schedule.
Jeffrey Dahmer survivor Tracy Edwards is known for playing a key role in the arrest of the prolific serial killer, having been one of the fortunate victims who was able to escape.
Dahmer – who is the subject of chilling new Netflix series Monster: The Jeffrey Dahmer Story – was convicted of killing 17 men and boys between the late 70s and early 90s, often drugging and sexually assaulting those who fell into his trap.
His murderous spree eventually came to an end on 22 July 1991, after approaching three men and offering them money to pose for nude photographs.
Edwards was one of those to agree, following Dahmer back to his apartment to ‘drink beer and watch The Exorcist‘ – only to be held hostage as his captor told him he intended to eat his heart.
Shaun J. Brown as Tracey Edwards in Monster: The Jeffrey Dahmer Story. Credit: Netflix
Thankfully, Edwards managed to punch Dahmer, knocking him to the ground to allow him to run away and flag down two Milwaukee police officers, who were led back to Dahmer’s home.
Edwards later told police he managed to escape by gaining Dahmer’s trust. “He underestimated me,” Edwards said, “God sent me there to take care of the situation.”
Edwards, who is played by Shaun J. Brown in the new true crime drama, explained during court testimony that Dahmer was ‘not the same person’ he met at the bar when he had been taken into the bedroom.
“His face structure seemed different…It was like, it wasn’t him anymore,” he recalled.
But after being hailed a hero for his role in taking Dahmer down, Edwards’ story took a turn of its own when he was arrested on 26 July 2011 – almost 20 years to the day after Dahmer’s capture.
Edwards, who was homeless and aged 52 at the time of the arrest, was accused of throwing a man off a Milwaukee bridge to his death.
Tracy Edwards’ mugshot. Credit: Police handout
According to ABC News, Edwards was seen standing on the bridge with two other homeless men, Timothy Carr and Jonny Jordan, with a witness saying they saw Edwards and Carr push Jordan into the river below – supposedly after an argument.
Edwards’ defense attorney Paul Ksicinsk said Edwards’ post-Dahmer life had been understandably tumultuous.
“It’s like Humpty Dumpty,” he said.
“It’s like he was never able to put the pieces back together again.”
In 2012, Edwards pleaded guilty and was convicted to one-and-a-half years in prison, and two years of extended supervision, for his involvement in the row that ended in Jordan’s death.
Watch Monster: The Jeffrey Dahmer Story on Netflix now.
Christian Bale’s portrayal of Gorr the God Butcher is terrifyingly menacing in “Thor: Love and Thunder.”
Bale was apparently so convincing as the butcher that costar Natalie Portman, who returns to the Marvel Cinematic Universe as Dr. Jane Foster, said he scared the many kids on set.
“It was terrifying whenever he was in character,” Portman told Total Film, adding, “The children would run screaming.”
“He has a very, very, very scary look, in addition to, of course, his excellent acting. But, on this one, in between, he’d be like, ‘Hey, what’s up?’ It was just a normal conversation, which was jarring, because he looked terrifying,” Portman said of Bale as Gorr.
Christian Bale is at his creepiest during this scene of “Thor: Love and Thunder.”
Marvel Studios
According to Bale, it took the Academy Award winner four hours every morning to be transformed into the Marvel villain. He told Total Film that he originally thought he would be in a motion-capture suit.
“I thought it was going to be like, stick a few dots on my face and roll up,” Bale said. “Maybe embarrassingly in a grey unitard, but alright, I could deal with that. I enjoy humiliation.”
“And then I missed the conversation,” he added. “You’ve got a 2 a.m. call. And then it was like, ‘Oh, no, I’m sitting for four hours, doing prosthetics.’ Somehow, I hadn’t heard that.”
Christian Bale as Gorr the God Butcher in “Thor: Love and Thunder.”
Courtesy of Marvel Studios
In the film, the Gorr vows vengeance on all gods after his own deity fails to help him in his time of need.
While Bale is as terrifying as Portman suggests on-screen, Bale’s role probably could’ve been even scarier.
In an interview with Entrevista, Bale said he filmed scenes with Peter Dinklage, who plays Eitri in the MCU, and Jeff Goldblum, who played the Grandmaster in “Thor: Ragnarok.”
Bale didn’t say what occurred in the cut scenes, but it’s believed fans would’ve seen Gorr kill both characters on-screen.
“Thor: Love and Thunder” is now playing in theaters. You can read our review here.
When you were working with Ingmar Bergman, were you aware that you were creating some of the greatest films in history, or did that realisation only happen withtime?PaulMarnier
When I met him, I had been an actor for seven years and knew he was looked on as a genius. That’s what I thought, too. So when he said he would really like to have me in a film, and wrote Persona for Bibi Andersson and me, I was aware I was to work with an incredible man. But I never knew it would mean I would be in 11 of his movies and direct some of his scripts. I had no idea it would mean a big change in my life.
How did you and Bibi Andersson prepare for your roles in Persona?TheBigBadWolf
If I really feel the role inside, even if it’s very different from me, I will allow it to become a part of me. I’m very happy to work with great directors because they give you the words and the circumstances and then allow you to find the person within yourself. That’s how I work.
What do you think brings people back to Persona after all these years? For all the ways society and expression have expanded, this is still one of the most compelling and truthful portraits of intimacy between women I have seen on-screen (speaking as a gay woman in her 30s) rnsinsf
‘The love we felt was very easy to find’ … Bibi Andersson and Liv Ullmann in Persona. Photograph: United Artists/Allstar
At that time – and maybe even today – it was a new kind of movie. Bibi and I were the best of friends and so free towards each other, and the love we felt was very easy to find. I believe I was speaking in the film for Bergman. I was 25, and he was 21 years older, but I believe so much had happened in his life that he used a young woman to present what he was thinking and feeling. Perhaps a woman is not so scared of showing the truth.
Then he fell in love with one of the actresses making the movie [Bergman and Ullmann were together for five years and had a daughter, Linn, who is now 55]. I think that love was part of it. He was in despair and suddenly he saw a new beginning. Not through me, but he experienced what happened between these two women – who looked as if they were quarrelling but who reached each other tremendously – as a solution. He ended his former life after that movie.
I think the film does reflect how society’s perception of gender and identity has changed if we look for it. If we allow that to happen. But I think in many ways today we are closing our ears to other people’s moods and despair. But also this terrible war [in Ukraine] has woken people up. And once awakened they want to be a part of it, they want to help. They feel empathy for all the people who are suffering so much. It’s a terrible war, but good things happen in people; they understand things better. We are not alone. We are part of everything. We are not witnesses.
As you are a co-founder of the Women’s Refugee Commission, will the organisation assist in the crisis in Ukraine? BobStageVoices
They are very much involved, as they were with women and children in Afghanistan not so long ago. They are trying to make people in the US open their homes and take an active part in helping them. When we founded the organisation more than 30 years ago with four people, I didn’t know we would grow so big. I’ve also been part of the International Rescue Committee for 45 years. It is an incredible organisation founded by Einstein after the second world war to help Jewish people escape Germany. They thought they would only be needed for a short time.
When you went to the US, how did you handle working in another language in a different culture?BobStageVoices
I’m very Norwegian. I’ve had a green card for many years but I think in Norwegian and have my morals and very often react inside as a Norwegian. There are things I admire tremendously in the US but there are also things that make me happy I am Norwegian. I have to be very careful because many Norwegians have been brought up differently and not everything I say and feel is the right thing.
Something I react to with horror now is that it’s so strict for Ukrainians who want to come to the US. There should be a law that people in such horror don’t have to have all their papers and agree to leave immediately. I get very shocked by that. To be honest, I know that the same thing will happen in Norway. But at least I can fight it more easily because I belong to that country. I don’t belong to the US. But I can say what I mean.
‘I’m very Norwegian’ … Ullmann pictured with daughter Linn in 1971. Photograph: Classic Picture Library/Alamy
You spent the first two years of your life in Tokyo so do you ever have any feelings of belonging towards Japan? Do you ever visit Japan?Haigin88
About 40 years ago I took my mother back as I said I always would once I had money. It was so different and she couldn’t find her old home, so she lost the connection.
But when I was 80, three years ago, I wondered what to do for my birthday and made up my mind to go to Oshima, an island where people with leprosy were sent before the second world war. They were told they could never go home or contact their parents.
It was an incredible experience. There were about 250 people left; now I think there’s 29. I said to one woman: “You have to write a book about your life here and being never allowed to leave.” She said: “I don’t need to write a book because I’m so happy with my life and everything that has happened to me.” One man, who is now dead, took me to a tree which was blooming. We danced around it as he played the harmonica. He said: “We do this to celebrate life which is beautiful and to remind ourselves life is short but it gives us hope that beautiful things will happen.”
So do I belong to Japan? Yes I do! There was a reason I was born there. I learned so much from those people who never had a choice and made themselves such a fulfilling life.
You’ve chosen to perform in and make quality films – and have rightly received critical acclaim for them. Do you ever wish you had chosen popular movies for the money and fame and sod the critics?Troy_McClure
It was never a question for me. I was once in two very popular films. When I was cast in 40 Carats, Zsa Zsa Gabor was very upset and wrote in the papers and Elizabeth Taylor, who I knew, was upset and didn’t know why I’d got the part – and was probably right. I wasn’t from New York as the character was supposed to be. I had a heavy Norwegian accent and wasn’t known to be a comedian. I danced with Gene Kelly and didn’t know how to dance. I was meant to be 40 and the man I was in love with was meant to be 20 but we were both 35. It made no sense. That may be one of the reasons that when Superman came along I wasn’t the first choice.
Why oh why did you make Lost Horizon? I am genuinely curious. DuncanT
Liv Ullmann and Erland Josephson in Scenes from a Marriage. Photograph: ScreenProd/Photononstop/Alamy
I don’t know. I was nominated for an Oscar. I did four things in one year and then I went back to Sweden and did Scenes from a Marriage. I was tremendously happy I could go back to the island, sit on an outdoor toilet and look out. I was on the cover of Time magazine and they called me “The new Greta Garbo”, but I was happy that it really didn’t happen.
When I was doing Anna Christie on Broadway I saw Garbo in the street and ran after her. I thought: “She has to know I’m doing Anna Christie!” As if that was of interest to her! She saw this woman coming running and she started to run. I ran after her and in the end she disappeared into Central Park. Yes, she outpaced me. But when she turned and looked so frightened I gave up and didn’t follow her. I was younger; I could have made it, but I didn’t.
In your career which film roles would you say were the most personal to you? MattN89
The Emigrants and The New Land. Beautiful love stories to those who understand that to stay at home is of greater danger to their children and themselves than to find a new place to live. I experienced everything I hadn’t experienced myself – to have many children and be the best friend of the one man in my life.
I loved Miss Julie. Jessica Chastain and Colin Farrell were great in it, and Samantha Morton is always excellent. Are there any other mainstream actors you would be interested in working with?keithchris
Colin Farrell and Jessica Chastain in Miss Julie, written and directed by Ullmann. Photograph: Egor Kirpichev/Allstar
Well I worked with one I loved, Cate Blanchett, in the theatre when I directed A Streetcar Named Desire. It was incredible. We found each other. We did it in the US and the critics said we needed an Australian and a Norwegian to show us what Tennessee Williams was all about. I was going to direct a film of A Doll’s House with Kate Winslet. She waited two years for me to raise money and in the end we didn’t.
I’m not going to direct any more, unfortunately. After Christmas I will just talk about my life as an actor, about refugees and meeting people. I should know when to stop. For many years I wanted to write a book called The Blue Hour about when you are 70-80 years old. Just before it goes dark outside, it’s blue and hopeful and everything is still possible. But after turning 80, it’s not blue light any more. Now it’s something else. It’s not darkness.
Maybe it’s the thing the man around the tree in Japan said – we celebrate the beauty of life and that it’s short. Most of all we celebrate the hope that each individual, every day, can allow God or the higher power or something that is much more extraordinary than we are, to do something.
Sometimes those women spoke to me in Japanese and I spoke to them in Norwegian and we bonded still and held hands. I got notes from them and sent them some. They have a story to tell but are not going to write it. I would like to. I would like to write about old age in a different way.
How do you choose a movie to watch?AlexHD
By who made them, what it’s about and what I’ve read about it. I don’t do Netflix or any of those things as I’m not technically educated but I get a lot of DVDs because I vote for the awards. This year I liked the one Jane Campion did [The Power of the Dog] and the one about deaf people [Coda]. I’m very bad with names. I grew up being educated by movies from the age of 11. Everything my mother told me wasn’t so! It was what Orson Welles or Chaplin told me.
How are things?Granadapanda
I’m very proud of my honorary Oscar. I wish my mother and father were here [to see it], that would be nice. It’s nice but on the other hand it has to be. I used to say that life is very unfair. That I should be happy and think what a wonderful thing, while people are losing their lives because of evil or no commitment from others. It’s very hard to be happy that you have a reason to be happy. Because we are all together in this short life and it’s very unfair.
Chitra Ramkrishna, Managing Director and CEO, National Stock Exchange (India), participates in The Future of Finance panel discussion during the IMF-World Bank annual meetings in Washington October 12, 2014. REUTERS/Yuri Gripas
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MUMBAI, Feb 13 (Reuters) – The former head of India’s largest stock exchange shared confidential information with a yogi and sought his advice on crucial decisions, a probe by the market regulator has found, ahead of the bourse’s much-awaited public listing.
In a case of “bizarre misconduct” that was a “glaring breach” of regulations, Chitra Ramkrishna, the former chief executive of National Stock Exchange (NSE), shared information including the bourse’s financial projections, business plans and board agenda with a purported spiritual guru in the Himalayas, the Securities and Exchange Board of India (SEBI) said.
“The sharing of financial and business plans of NSE … is a glaring, if not unimaginable, act that could shake the very foundations of the stock exchange,” SEBI said in an order, imposing penalties on Ramkrishna, the bourse and other top former executives for the lapses.
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Ramkrishna, who quit NSE in 2016 citing “personal reasons”, was not immediately reachable for comment. NSE and SEBI did not respond to requests for comment.
Allegations of corporate governance lapses have dogged NSE for several years. The exchange had planned to go public in 2017 but its listing was derailed by allegations officials had provided some high frequency traders unfair access through co-location servers, which could speed up algorithmic trading.
After a three-year investigation, SEBI fined the exchange over $90 million and barred it from raising money on securities markets for six months. NSE challenged the order in court and has sought SEBI’s approval to file for a new IPO.
However, during that investigation, SEBI found documents showing Ramkrishna’s emails to an unknown person, who she said during questioning was a “spiritual force” she had sought guidance from for 20 years.
Ramkrishna, in her defence, told SEBI that sharing of information with the person who was “spiritual in nature” did not compromise confidentiality or integrity.
The SEBI order however stated that it was “absurd” for Ramkrishna to contend that sharing sensitive information such as dividend pay-out ratios, business plans and the performance appraisals of NSE employees did not cause harm.
The SEBI probe also found the purported guru had substantial influence over the appointment of a mid-level executive, without any capital market experience, directly as an adviser to Ramkrishna with inadequate documentation and a salary higher than most senior NSE officials.
The guru was running the exchange, and Ramkrishna was “merely a puppet in his hands”, SEBI said.
Questions emailed to an address given in the SEBI order as belonging to the guru were not immediately responded to.
SEBI also said NSE and its board were aware of the exchange of confidential information but had chosen to “keep the matter under wraps”.
The regulator fined NSE 20 million rupees ($270,000) and has barred the exchange from launching any new products for six months.
SEBI imposed a penalty of 30 million rupees on Ramkrishna and barred her from any bourse and SEBI-registered intermediary for three years.
Ramkrishna was among a group of executives who in the early 1990s started NSE as a challenger to the more established BSE Ltd, then known as Bombay Stock Exchange. She was appointed joint managing director of NSE in 2009 and promoted to CEO in 2013.
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Reporting by Abhirup Roy;
Editing by Euan Rocha and Lincoln Feast.
Our Standards: The Thomson Reuters Trust Principles.
“He was informed about the facts,” lawyer Martin Pusch said in Munich as part of a panel announcing the investigation findings.
“We believe that he can be accused of misconduct in four cases,” Pusch said. “Two of these cases concern abuses committed during his tenure and sanctioned by the state. In both cases, the perpetrators remained active in pastoral care.
Benedict continues to deny the allegations, lawyers at Westpfahl Spilker Wastl law firm said Thursday, as they unveiled the findings of their inquest into historic sexual abuse at the Munich Archdiocese over several decades.
But the findings are a damning judgment on the former Pope, then known as Cardinal Joseph Ratzinger, which follows years of speculation about how much he knew.
“During his time in office there were abuse cases happening,” Pusch said, referring to Benedict. “In those cases those priests continued their work without sanctions. The church did not do anything.
“He claims that he didn’t know about certain facts, although we believe that this is not so, according to what we know,” Pusch said.
You always want the best for your kids, but sometimes, it can be difficult to invest too deeply into one of their endeavors because it seems almost too perfect and there is concern about too much of a letdown if it does not happen.
“I was thinking about that the other day,” Maurice Carthon told The Post. “It would be, I don’t know if I could take it or not, him being the general manager of the Giants.”
The “him” Carthon is referring to is Ran Carthon, his 40-year-old son, the director of player personnel for the 49ers. Ran Carthon on Monday became the eighth of nine candidates to interview for the Giants’ vacant general manager job. None of the nine NFL front office executives have any direct ties to the Giants, who are going outside their organization to find a general manager for the first time in 43 years. One of the candidates, though, does have a family tie to the Giants.
“You don’t go somewhere and win two Super Bowls and say it doesn’t hold a special place in your heart,” Maurice Carthon said.
Ran Carthon currently serves as the 49ers’ director of player personnel.AP
Anyone of a certain age knows all about Maurice Carthon, a bruising fullback for the first two Super Bowl championship teams in Giants’ history. Carthon, 60, played for the Giants from 1985-91, spanning a dynamic time in franchise annals. He became known as a “Parcells guy” because Bill Parcells, the former head coach, loved him as a player and as a person, which is why Parcells named Carthon his offensive coordinator with the Cowboys in 2003 and 2004.
Carthon and another member of the 49ers front office, assistant general manager Adam Peters, interviewed with the Giants Monday via Zoom. The Giants previously held Zoom interviews with Joe Schoen (Bills assistant GM), Adrian Wilson (Cardinals vice president of pro personnel), Quentin Harris (Cardinals vice president of player personnel), Ryan Poles (Chiefs executive director of player personnel), Ryan Cowden (Titans vice president of player personnel), Monti Ossenfort (Titans director of player personnel) and Joe Hortiz (Ravens director of player personnel).
The Giants must conduct at least one interview in person with external minority candidates, according to changes in the Rooney Rule. The four minority candidates the Giants interviewed in the first round were Poles, Carthon, Wilson and Harris.
With the first round of interviews complete, the Giants will pare down their list and come up with finalists to meet in person, with a new general manager likely by the end of the week. There is no time to waste. Schoen spoke on Sunday to the Bears. Poles has attracted interest from the Vikings and Bears.
On the head coaching front, Bills offensive coordinator Brian Daboll — definitely a person of interest for the Giants — interviewed Sunday with the Bears and Dolphins. Brian Flores, an unexpected free agent after getting fired by the Dolphins, could have his pick of destinations. He has interviewed with the Bears and Texans, and Houston could be his landing spot, given his past working relationship with Texans general manager Nick Caserio from their time together in New England. Flores has also attracted the attention of the Giants, who are waiting to secure a general manager before diving into their head coach search.
Peters was John Lynch’s first hire with the 49ers and helped build a talent base through the NFL draft that includes George Kittle, Deebo Samuel and Fred Warner.
Ran Carthon was a running back at Florida and got into nine games with the Colts in his two years (2005-06) in the NFL. He tried coaching high school football in Miami but decided his passion was geared toward the front office. He was a scout with the Falcons for four years and ran the pro personnel department for the Rams for five years before Lynch hired him to lead the pro personnel department with the 49ers.
Taking the next step, into a general manager position, would be quite a stride.
“That’s the goal in the grand scheme of things to one day hold that position,” Carthon told reporters earlier this season, calling a general manager post “the ultimate goal, which is to ultimately lead a team myself.”
Maurice Carthon was part of the Giants’ first two Super Bowl teams. Getty Images
The Giants’ interview contingent of co-owners John Mara and Steve Tisch, plus Chris Mara, the senior vice president of player personnel, might have congratulated both Peters and Carthon after the 49ers this past Sunday eliminated the Cowboys from the playoffs, as reveling in Cowboys misery is always in vogue around the Giants.
Carthon has spoken to Parcells about this opportunity and so has his father.
“He’s hoping he gets the job,” Maurice Carthon said.
Ran Carthon has also been contacted by the Bears about their vacant GM job.
“He’s laid all the chips down and he’s worked his butt off in several places,’’ Maurice Carthon said. “He’s paid his dues, so I say why not? I think my son can help rebuild the Giants, I definitely think that.”
The New York Jets suffered one of its worst losses in decades after losing 54-13 against the New England Patriots on Sunday and some of the players aren’t happy with how the Patriots ran up the score.
Rookie quarterback Mac Jones threw his first 300-yard game with two touchdowns and three more on the ground while the Jets struggled to make anything happen offensively. New England, already leading 34-13, scored 20 unanswered points in the fourth quarter.
JETS’ ROBERT SALEH ON ‘EMBARRASSING’ LOSS: ‘THEY PUNCHED US IN THE FREAKING MOUTH’
“It’s the NFL, it’s not like Alabama vs. William & Mary,” head coach Robert Saleh said on “The Michael Kay Show.”
FOXBOROUGH, MASSACHUSETTS – OCTOBER 24: Head coach Robert Saleh of the New York Jets paces the side line during the game against the New England Patriots at Gillette Stadium on October 24, 2021 in Foxborough, Massachusetts. (Photo by Maddie Malhotra/Getty Images) (Maddie Malhotra/Getty Images)
“It’s the NFL. We’re all professional athletes. If you don’t want to get scored on, you gotta stop ‘em. Is it something I would do? Probably not, but to each his own.”
Defensive tackle Sheldon Rankins echoed Saleh’s comments in the post-game press conference saying: “Probably some things I’m not going to say … but it’s our job to stop it.”
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Jets offensive tackle Morgan Moses told The Athletic’s Connor Hughes that he and other players on the team were upset with the Patriots’ decision to run up the score.
FOXBOROUGH, MASSACHUSETTS – OCTOBER 24: Mac Jones #10 of the New England Patriots celebrates a touchdown in the second half against the New York Jets at Gillette Stadium on October 24, 2021 in Foxborough, Massachusetts. (Photo by Maddie Meyer/Getty Images) (Maddie Meyer/Getty Images)
There were certainly a few plays late in the game, including Brian Hoyer’s 28-yard pass to N’Keal Harry that set up the Patriots final score of the game, that could lead one to believe that Bill Belichick wasn’t letting up off the gas but as Saleh put it, this is the NFL.
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On top of that, the Jets were without rookie quarterback Zach Wilson who was ruled out of the game with a knee injury and replaced by Mike White — who hadn’t previously taken an NFL regular-season snap.
FOXBOROUGH, MASSACHUSETTS – OCTOBER 24: Hunter Henry #85 of the New England Patriots celebrates after a catch during the second half in the game against the New York Jets at Gillette Stadium on October 24, 2021 in Foxborough, Massachusetts. (Photo by Maddie Meyer/Getty Images) (Maddie Meyer/Getty Images)
The 54 points are the most allowed by the Jets since losing 55-21 at New England on Oct. 29, 1978 and the fourth-most points ever allowed by New York.
