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(106)

Michael Lewis Interviews His Producer

Michael Lewis Interviews His Producer

Against the Rules producer Lidia Jean Kott is the host of a new podcast series called The Chinatown Sting. It’s about a group of unlikely suspects at the center of a massive drug bust that took place ...

18 Okt 202525min

Adam McKay is Still Angry About 2008

Adam McKay is Still Angry About 2008

When Adam McKay decided to make a movie based on The Big Short, he was mainly known for his comedies. But he managed to get a bevy of star actors — among them Ryan Gosling, Brad Pitt, Steve Carell and...

14 Okt 202540min

The Big Short is Big Back

The Big Short is Big Back

Back in 2008, Michael Lewis started paying attention to Wall Street again, as banks and investment funds started to announce massive losses. Fifteen years ago, he published The Big Short, about a grou...

7 Okt 20253min

Sen. Richard Blumenthal on the SAFE Bet Act

Sen. Richard Blumenthal on the SAFE Bet Act

Is anyone trying to regulate sports gambling on the federal level in the US? In the fall of 2024, Connecticut Democratic Senator Richard Blumenthal introduced a bill with New York Congressman Paul Ton...

11 Feb 202529min

Dr. Laurie Santos on Group Psychology, the Teen Brain, and Happiness

Dr. Laurie Santos on Group Psychology, the Teen Brain, and Happiness

Michael Lewis invites over Yale psychology professor Dr. Laurie Santos, host of The Happiness Lab at Pushkin, for a chat about what scientific research has to tell us about sports fandom, teenagers, a...

4 Feb 202529min

Natasha Schüll on the Antisocial Lure of Gambling

Natasha Schüll on the Antisocial Lure of Gambling

As an anthropologist, Natasha Schüll spent more than a decade doing field work in Vegas casinos, especially among the slot machine addicts. She tells Michael Lewis why many of those who play slots act...

28 Jan 202530min

Episode 10: “Anybody Can Win, but Everybody’s Gonna Lose”

Episode 10: “Anybody Can Win, but Everybody’s Gonna Lose”

Perhaps you have someone in your life who’s prone to sports gambling. Michael Lewis has someone. So he comes up with a scheme to “inoculate” his 17-year-old son against the lure of placing bets online...

21 Jan 202546min

Episode 9: Framing the Gambler

Episode 9: Framing the Gambler

Michael Lewis gets a glimpse of sports gambling's future by talking with writers in Great Britain and Australia, where the industry is even more entrenched. But the US has its own peculiar history of ...

14 Jan 202529min

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