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Handel On The Law

(03/30) HOTL Hour 1

Handel On The Law

KFI AM 640

News

4.3879 Ratings

🗓️ 30 March 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

Handel on the Law, Marginal Leagal Advice.

Transcript

Click on a timestamp to play from that location

0:00.0

This is Handel on the Law, marginal legal advice where I tell you, whoever you are, you have

0:07.1

absolutely no case, hopefully doing that immediately upon you opening your mouth and the

0:14.2

phones being open and the rules are always the same.

0:16.9

If you are unintelligible completely, you are at the top of the list.

0:20.6

If you are in any mental facility, that's a good thing.

0:24.3

If you have a very heavy accent, always a good thing.

0:30.1

And what else?

0:32.0

Special needs is good.

0:34.8

Handicapped.

0:35.6

For example, if you are just a torso with a head on it, no arms, no legs,

0:39.3

you have a medical problem or a legal problem, also very good. So a lot of rules there.

0:45.9

Let's do it. This is Handle on the Law, Marginal Legal Advice. All right, Sam Bankman-ed. And this is the guy who headed, at a very young

0:59.4

age, by the way, created FTX cryptocurrency, one of the crypto exchanges, like Bitcoin being

1:07.1

the first one. And this was an exchange. So it's sort of kind of a mutual fund put together a group to invest and to sell. And he was doing really well. This became a billion dollar company very, very quickly. And he became a billionaire. I mean, he was, well, let me put it this way. He is now 32, and he created

1:30.5

this thing in his late 20s. Pretty bright guy. Well, it turns out that it was his personal piggy bank.

1:37.1

He took out billions of dollars, bought homes in the Bahamas and the states, and flew in private jets, cars, bought his parents

1:49.0

in an incredible home.

1:51.1

He basically, and jewelry and designer clothes.

1:55.9

I mean, it goes on and on.

1:57.4

But he never could afford a haircut if you look at any pictures of him.

2:02.0

Well, he was arrested because $2 billion was lost.

2:07.1

And the Fed started investigating him.

...

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