![]() Now, he says that what happened at FTX was far worse than what happened at Enron. When Enron collapsed, he was the one who stepped in. That’s a polite way of saying-he is the person you call when a big company is in a massive amount of trouble and needs to be rescued, like, immediately. He’s an expert in turnarounds, restructurings, and bankruptcy. John Ray is working around the clock to figure out what can be salvaged from the sudden collapse of a popular crypto exchange. His name is John Ray III and he is now the unlucky CEO of FTX, the cryptocurrency exchange that imploded in November. Individual people are working many, many more hours than usual.Ĭloser to home, I can think of another person working around the clock. When I say that the Ukrainian Railways workers are working around the clock, I mean they are putting in a lot of extra hours, at all hours of the day and night, to achieve their goal. Most train and transportation systems are 24-hour operations anyway. Ukraine’s rail workers are working around the clock to keep the trains running, to move people and material around the vast country. However, it does mean a lot of hours, and at any time of the day or night. This doesn’t necessarily mean twenty-four straight hours it might mean that, but not necessarily. The image here is of someone working hard, all the time, as the hour- and minute-hands of a clock advance through a full day. To work around the clock means to give extra effort and to work many, many extra hours. Today I’m going to show you what it means to “work around the clock.” This is an easy one-you deserve a break every now and then !
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