Well, this is Current Yield.

Grant's Interest Rate Observer of the Air.

And I am Jim Grant.

And with me, as always, is the great deputy editor of Grants, Evan Lorenz.

Welcome, Evan.

And Henry French, our sound engineer, who was wearing, if I may observe it, the Grant's T-shirt.

And before Henry donned this thing, you wouldn't have guessed that he does 500 push-ups in the morning along with 100 poets.

But it's obvious now. Once he don't don't the T-shirt, that's what the drill is.

So just keep wearing that thing,. We don't change a thing.

And we have a guest today, too. We have last time, Evan, you and I were just talking about...

Well, we had Phil, too. Yeah. Also, Phil, too. And we were talking about subscribing to

grants, interest rate, observe. Which our guest does. Thank you. Sean Filer, who is investor

par excellence, family man. And I don't know, and we'll

get around to more on Sean's details in one moment.

So, Evan, do you know what has happened to the refuse of the FTX Enterprise in the wake of the court action and the former crash

and Coates, etc. What's happened to that workout situation?

The founder stole billions of dollars and is in jail, so bad things?

Nope. Good things? Yep. Yeah.

So we had a piece, did we not, on the opportunity in cast off FTX debt.

Yeah, about a year ago, we pitched these claims who were trading appendies in the dollar.

We didn't exactly expect them to recover everything, but now they're talking about them recovering more than everything. Like 115 or something like that. It's been an amazing turnaround.

Yeah, well, you can't keep a good asset class down, I always say. And on that note, on Monday,

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