What is a SAG money break?
I've encountered the term 'SAG money break' and I'm not sure what it means. Could someone please explain what a SAG money break is, possibly within the context of finance or related fields?
When money breaks in FTX?
Could you please elaborate on the circumstances surrounding the collapse of FTX? I'm particularly interested in understanding the sequence of events that led to its financial implosion. Was it a gradual decline or a sudden collapse? What were the key factors that contributed to this outcome? Were there any warning signs or indicators that the company was heading towards this fate? And finally, what lessons can we learn from this incident to prevent similar events in the future?