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.

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Episoder(108)

Out Now: Blockers | Michael Lewis's New Audiobook

Out Now: Blockers | Michael Lewis's New Audiobook

My new audiobook, Blockers, is out now! Get the audiobook now exclusively at blockers.fm. And stay tuned for an upcoming Blockers companion series right here on Against the Rules. In Washington, a blo...

6 Okt 6min

Blockers: A New Audiobook from Michael Lewis

Blockers: A New Audiobook from Michael Lewis

Exciting news! I have an all new book coming out on October 6th: BLOCKERS. You can pre-order your copy of the audiobook exclusively at blockers.fm. The hardcover is available at michaellewiswrites.com...

4 Jun 1min

Live with Nicolle Wallace

Live with Nicolle Wallace

Recently, Michael Lewis spoke with Nicolle Wallace, host of the podcast The Best People, at Symphony Space in New York. They discussed what it was like re-visiting the Big Short 15 years on. And we he...

16 Des 202543min

Michael Burry Speaks

Michael Burry Speaks

Of all the characters in The Big Short, fund manager Michael Burry (depicted by Christian Bale in the movie version) seemed the least likely to grant Michael Lewis a follow-up interview. Burry was one...

2 Des 202539min

How the Financial Crisis Broke Politics

How the Financial Crisis Broke Politics

To wrap up our series on The Big Short, Michael Lewis speaks with two people who represent two very different responses to the financial crisis of 2008: US Senator Elizabeth Warren, an expert in bankr...

25 Nov 202544min

How the Financial Crisis Broke Wall Street

How the Financial Crisis Broke Wall Street

To make sense of Wall Street’s hangover from the crash described in The Big Short, Michael Lewis calls up Matt Levine. Levine is author of the Money Stuff newsletter for Bloomberg Opinion and co-host ...

18 Nov 202534min

Lessons of the Great Depression

Lessons of the Great Depression

Andrew Ross Sorkin writes the business and policy newsletter DealBook for the New York Times and is co-anchor of Squawk Box on CNBC. He also has a historical bent, and has a new book out about the cau...

11 Nov 202538min

Lender of Last Resort

Lender of Last Resort

When Michael Lewis wrote The Big Short, there was an extra character in the story: The Federal Reserve System, the central bank of the US, which bought up bad debt on the balance sheets of big Wall St...

4 Nov 202548min

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