CME Group's CEO slips up and says he bribed a CFTC official
Hey Peeps!
Terry Duffy is the CEO of the CME Group, which is the largest financial derivatives exchange in the World.
On November 23rd, Terry Duffy went on the Tucker Carlson show to talk about FTX and Sam Bankman-Fried, but ended up putting himself and his company in hot water.
As he answers a question, Terry Duffy seems to state that he has a regulator at the Commodity Futures Trading Commission (CTFC) who he bribes.
He quickly clarified the word to "asked" and the interview went on like nothing happened.
Watch the video clip below and make your own determination:
In my opinion, it feels like he made a big mistake here and instantly regretted it, based off his body language.
Also, the fact that Terry Duffy and the CME Group have declined to respond to any and all media inquiries regarding the interview.
You would think that if it was a mistake, he would come out and just address the elephant in the room.
Staying quiet only makes people's imaginations and assumptions grow.
What do you guys think?
Did he slip up and accidentally tell the truth, or was it an honest mistake?
See ya!
:)