On Background: Who Buys Distressed Assets?

On Background: Who Buys Distressed Assets?

Andy Mitchell could be called a "doctor for business." His firm, Lantern Asset Management, buys up businesses in immediate need of cash and willing to sell at bargain-basement prices. Michael Lewis calls up Mitchell to get the "distressed asset" angle on the company at the center of Lewis's next book: the now extremely distressed crypto exchange, FTX. But along the way, we hear about other businesses on the skids, including the maker of Twinkies, and the Weinstein Company.

Head to atrpodcast.com and submit a question for Michael to answer in an upcoming episode.

See omnystudio.com/listener for privacy information.

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Episode 4: A Hard Way to Make an Easy Living

Episode 4: A Hard Way to Make an Easy Living

Michael Lewis heads to Las Vegas to explore the way sports betting used to work, up until the day it was rapidly legalized by states around the country. We meet the betting sharps who figured out what...

12 Marras 202437min

Nate Silver on the Risky Business of Sports Betting

Nate Silver on the Risky Business of Sports Betting

As the US election nears, Michael Lewis sits down with Nate Silver, co-host of the Pushkin podcast Risky Business (along with the writer, psychologist and professional poker player Maria Konnikova). T...

29 Loka 202437min

Marci Cottingham on the Religious Passion of Steeler Nation

Marci Cottingham on the Religious Passion of Steeler Nation

Is there a difference between fandom and religion? In Pittsburgh, it can be hard to tell. Fans of the city’s football team, the Pittsburgh Steelers, seem to have a cradle-to-grave devotion, complete w...

22 Loka 202423min

Alison LaCroix on How History Rhymes at the Supreme Court

Alison LaCroix on How History Rhymes at the Supreme Court

It may seem like sports gambling got legalized overnight in the US. But it was in fact a winding road to get there. Michael Lewis speaks with legal historian and University of Chicago professor Alison...

15 Loka 202434min

Episode 3: Welcome to the Garden State

Episode 3: Welcome to the Garden State

How did we get from fantasy sports to legalized sports betting? The path is convoluted, but most of it winds through New Jersey. Michael Lewis speaks with former governor Chris Christie, among other J...

8 Loka 202444min

Episode 2: Values of the Game

Episode 2: Values of the Game

Bill Bradley was already famous in college as the epitome of certain American virtues: integrity, honesty, and athleticism. As an NBA star, he took those virtues to the big leagues. As a US Senator, h...

1 Loka 202434min

Episode 1: What’s Wrong with Eric?

Episode 1: What’s Wrong with Eric?

Sports fans experience incredible highs and lows, and spend loads of money on a product over which they have no control. But for a long time, no one bothered to study the minds or impulses of fans. Mi...

24 Syys 202429min

Against the Rules: Fans

Against the Rules: Fans

Against the Rules is going to Vegas (by way of New Jersey!). Host Michael Lewis bets high and low to find out how Americans, and their state governments, got addicted to a new form of legalized gambli...

5 Syys 20242min

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