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Crime Writers On...True Crime Review

Brokers, Bagmen, & Moles

Crime Writers On...True Crime Review

Partners in Crime Media

True Crime, Comedy Interviews, Comedy, Performing Arts, Panel, Writer, Crime, Author, Review, Arts

4.43.5K Ratings

🗓️ 22 May 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

In the 1980s, brokers at the Chicago Mercantile Exchange were not Ivy League financial-types. They were mostly blue-collar workers with on-the-job training in commodities exchanges. And they were making more money than most knew what to do with. All that cash caught the interest of the FBI, who suspected financial fraud at the Merc. But after undercover agents spent thousands of hours on the floor losing millions of dollars in taxpayer money, their investigation turned out to be a bad investment. In “Brokers, Bagmen, and Moles” host Anjay Nagpal takes listeners into the pits of Chicago’s exchanges to detail one of the costliest FBI investigations ever. Were authorities really going after the handful of small fish they caught - or did they actually have their sights on some blue chip executives?

Transcript

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0:00.0

To get the Crime Riders on Aftershow right now, go to patreon.com slash partners in crime

0:06.0

media.

0:07.0

I'm Rebecca LaVoy and this is Crime Riders on.

0:23.6

Crime Riders on is the original True Crime Review podcast that digs in a true crime, pop

0:27.9

culture, other podcasts.

0:29.8

And on this episode, for two years, the FBI went undercover to find corruption in the

0:35.0

Chicago Mercantile Exchange.

0:37.8

What was the return on their investment?

0:40.4

Not much.

0:41.4

We'll discuss the podcast, Brokers, Bagman, and Moles.

0:45.8

Joining me to get that done and more is True Crime author, TV journalist and host of

0:50.4

these are their stories podcast.

0:51.8

My husband, I love it my life, Kevin Flynn.

0:54.1

Good morning, Kevin.

0:55.1

Hello, Rebecca.

0:56.8

I say good morning because we're having a rare rare.

1:00.5

This is a yes.

1:01.5

We've never taped in the morning, right, Kevin?

1:03.3

No, it's early and usually we're up late doing this and it's a whole bunch of so everybody

1:07.9

gets their shit done.

1:09.3

I have my bed hair.

1:10.4

I haven't even brushed my hair today.

...

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