BREAKDOWN: Why Are Execs of Bankrupt Companies Being Rewarded With Millions?

BREAKDOWN: Why Are Execs of Bankrupt Companies Being Rewarded With Millions?

Today on the Brief: A followup on Tesla, corporate earnings and PayPal’s crypto ambitions New COVID-19 shutdowns in California Small businesses on the brink This episode is sponsored by Bitstamp and Crypto.com. Our main conversation: Bloomberg has reported recently bankrupt companies including J.C. Penney and Hertz had provided executives with more than $131,000,000 in bonuses. On this episode of The Breakdown, NLW examines: The logic behind these bonuses Why that logic is stupid How this sort of reward for personal failure in the wake of 2008 led to the rise of populism on the right and left Why we should allow companies to fail Why people’s sense that the system is a crony system isn’t wrong See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Why Mastercard is Acquiring a Stablecoin Company for $1.8B | CoinDesk Daily

Why Mastercard is Acquiring a Stablecoin Company for $1.8B | CoinDesk Daily

Mastercards big move. Mastercard is making a $1.8 billion bet on stablecoins, Phantom secures a "first-of-its-kind" green light from the CFTC, and Sam Altman’s World is teaming up with Coinbase to ve...

17 Maalis 2min

PayPal Goes Global with 70 New Crypto Markets

PayPal Goes Global with 70 New Crypto Markets

PayPal is launching its PYUSD stablecoin across 70 new markets to lower cross-border transaction costs and power the future of agentic AI commerce. PayPal is taking its PYUSD stablecoin global. With ...

17 Maalis 10min

Blockspace: Coinbase and CLARITY, OP_NET Raises $5M, Blockfills Goes Bankrupt, Drukenmiller Fades BTC

Blockspace: Coinbase and CLARITY, OP_NET Raises $5M, Blockfills Goes Bankrupt, Drukenmiller Fades BTC

On today’s Blockspace Live, we address reports alleging that Coinbase is meddling in the CLARITY Act and break down Blockfill’s Chapter 11 bankruptcy. Get your tickets to OPNEXT 2026 before prices...

17 Maalis 1h 1min

Hormuz Risks, BTC vs. Gold and Abra to Go Public | Public Keys at NYSE

Hormuz Risks, BTC vs. Gold and Abra to Go Public | Public Keys at NYSE

Public Keys' DEBUT EPISODE from the New York Stock Exchange. Amid geopolitical tensions in the Strait of Hormuz, Bitcoin is outperforming both gold and equities as the ultimate digital safe haven. On...

16 Maalis 29min

Trump-Linked WLFI Offers "Direct Access" for $5M Stake | CoinDesk Daily

Trump-Linked WLFI Offers "Direct Access" for $5M Stake | CoinDesk Daily

$5M for "direct access" to the WLFI team? World Liberty Financial, the DeFi protocol backed by the Trump family, just passed a governance vote on a three-tier staking system that requires up to a $5 ...

16 Maalis 3min

Blockspace: Ark Labs Raises $5.2M, CleanSpark on BTC Price, Luxor's Mining Outlook, and the IRS New Crypto Form

Blockspace: Ark Labs Raises $5.2M, CleanSpark on BTC Price, Luxor's Mining Outlook, and the IRS New Crypto Form

In this week’s news, we hit Ark Labs raising from Tether, CleanSpark and Two Primes’ take on Bitcoin price action, and how the IRS is trying to get more info about your digital asset stack. Get you...

14 Maalis 1h 23min

$TRUMP Token Holders Get Another Mar-a-Lago Lunch | CoinDesk Daily

$TRUMP Token Holders Get Another Mar-a-Lago Lunch | CoinDesk Daily

Lunch with President Trump at Mar-a-Lago? Top holders of the $TRUMP token will have another opportunity to dine with the President after the company behind the token announced a "gala luncheon" late ...

13 Maalis 2min

HYPE to $150? Arthur Hayes Breaks Down His Bull Case | Markets Outlook

HYPE to $150? Arthur Hayes Breaks Down His Bull Case | Markets Outlook

The bull case for HYPE with Arthur Hayes. Maelstrom CIO and BitMEX Co-Founder Arthur Hayes joins Markets Outlook to break down his renewed bull case for Hyperliquid's HYPE token — and why this week's...

13 Maalis 12min

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