
64. Trading Through Tragedy: 9/11 Reflections
Twenty-five years on, Nic and Damian look back at September 11, 2001 — from the perspective of two traders who were at work as the events unfolded.There was no script that day. Information arrived in ...
11 Sep 41min

63. Radiant World: What Are the Lessons for Lenders?
In this episode, Nic and Damian examine the collapse of Radiant World and ask a broader question: what are the lessons for lenders?Radiant World became a significant player in the global iron ore mark...
10 Sep 42min

62. Private Debt, Lehman and Livedoor
In February 2005, while the Convertible Bond market languished in a vicious volatility crunch, Lehman Brothers in Tokyo stunned the market, privately financing a Moving Strike Convertible Bond for Liv...
18 Maj 13min

61. Lorna Hajdini and Chirayu Rana, Investigation over Speculation
On May 1st 2026 the "Internet blew up!". Cannons, Fish heads, the intoxicating mix of sex, money and power. A now retracted court filing latched on to by the Daily Mail drew attention to a complex peo...
2 Maj 16min

60. Embedded AI - the Iceberg Risk for Sales
The Titanic was promoted as unsinkable, equipped with state-of-the-art safety features. But on April 15, 1912, it struck an iceberg, leading to one of the deadliest maritime disasters. This narrative ...
17 Apr 9min

59. AI Sycophancy - Trading's Emerging Risk
Traders are often seen as cynical and paranoid individuals. But what happens when their reliance on technology, like AI, leads them to reinforce their biases instead of questioning their strategies?As...
8 Apr 11min

58. Cornering Markets - Silver, Gold and Volkswagen
In the world of finance, few attempts to corner a market are as infamous as that of the Hunt brothers' silver squeeze in the late 1970s. With the backdrop of inflation concerns and a shaky economy, th...
20 Mars 53min

57. Vestia - Derivatives, Intermediaries, and the Liquidity Death Spiral
Nic and Damian examine the near-collapse ofVestia.At its height:Over €20 billion in derivatives exposureMassive collateral callsA liquidity crisisCriminal convictionsExecutive resignationParliamentary...
23 Feb 37min



















