On Background: A History of Bankruptcy in the US

On Background: A History of Bankruptcy in the US

Often when a corporation declares bankruptcy, that happens at the end of a long and difficult road. But entering bankruptcy proceedings also means setting out on a new and equally difficult road. That’s where Michael Lewis finds the subject of his next book, Sam Bankman-Fried. The company Bankman-Fried founded, FTX, entered bankruptcy late last year. For some perspective on what could be one of the messiest bankruptcy cases of recent times, Michael turns to David Skeel. Skeel is a professor of corporate law at the University of Pennsylvania and one of the foremost historians of bankruptcy in the US.

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Episoder(106)

Judging Sam: The jury's job

Judging Sam: The jury's job

CORRECTION: In an earlier version of this episode, our guest incorrectly stated that in the case of a hung jury, a defendant cannot be retried without risking double jeopardy. This is incorrect. If th...

2 Nov 202320min

Judging Sam: The Hail Mary That Wasn’t

Judging Sam: The Hail Mary That Wasn’t

We're finally in the home stretch. Today the prosecution finished their cross examination of Sam Bankman-Fried, the defense followed up with a redirect, and then both sides rested. It’s Michael’s last...

1 Nov 202324min

Judging Sam: Sam Bankman-Fried Faces Cross-Examination

Judging Sam: Sam Bankman-Fried Faces Cross-Examination

Sam Bankman-Fried finishes direct and faces withering cross-examination by the government’s chief prosecutor, Danielle Sassoon. Michael Lewis and Lidia Jean Kott share notes during lunch, then Lidia J...

31 Okt 202313min

Judging Sam: Sam Bankman-Fried Takes The Stand

Judging Sam: Sam Bankman-Fried Takes The Stand

The day is finally upon us: Sam Bankman-Fried takes the stand. Michael Lewis and Lidia Jean meet up after a long day in court and discuss everything that went down. This conversation was recorded on O...

28 Okt 202321min

Judging Sam: Michael Lewis comes to court

Judging Sam: Michael Lewis comes to court

Michael Lewis finishes his book tour and joins Lidia Jean Kott in court. His timing, as usual, is impeccable. The government rests its case. And then, everyone thinks Sam Bankman-Fried will take the s...

27 Okt 202317min

Judging Sam: After The Prosecution Rests

Judging Sam: After The Prosecution Rests

After a few days off, the trial resumes tomorrow, October 26. The prosecution has said they will likely be ready to rest their case by midday. Michael Lewis, Lidia Jean Kott and Rebecca Mermelstein, a...

25 Okt 202328min

Judging Sam: An FTX Victim Speaks Out

Judging Sam: An FTX Victim Speaks Out

Voices of the victims of Sam Bankman-Fried’s alleged crimes have been few and far between during the prosecution’s presentation of its case. On today’s show, Lidia Jean Kott sits down with Jake Thacke...

24 Okt 202320min

Judging Sam: Week 3 is in the books

Judging Sam: Week 3 is in the books

Another week come and gone, and like everything SBF, it wasn’t without a healthy dose of drama. Lidia Jean Kott catches Michael Lewis and Jacob Goldstein up on all that has gone down.  This conversati...

20 Okt 202318min

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