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Masters in Business

Michael Lewis on Cryptocurrency and the FTX Empire

Masters in Business

Bloomberg

Business, Entrepreneurship, Investing

4.42.2K Ratings

🗓️ 6 October 2023

⏱️ 79 minutes

🧾️ Download transcript

Summary

Bloomberg Radio host Barry Ritholtz speaks to Michael Lewis, whose latest book is "Going Infinite: The Rise and Fall of a New Tycoon," on FTX founder Sam Bankman-Fried. He takes readers into the mind of Bankman-Fried, whose rise and fall offers an education in high-frequency trading, cryptocurrencies, philanthropy, bankruptcy and the justice system.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hi, I'm Francis Roy, and I'm Ann Morris, and we are the hosts of a new TED podcast called Fixable.

0:06.4

We've helped leaders at some of the world's most competitive companies solve all kinds of problems.

0:11.9

On our show, we'll pull back the curtain and give you the type of honest,

0:15.4

unfiltered advice we usually reserve for top executives.

0:19.0

Maybe you have a coworker with boundary issues, or you want to know how to inspire and motivate your team.

0:24.3

No problem is too big or too small.

0:26.8

Give us a call, and we'll help you solve the problems you're stuck on.

0:30.0

Find Fixable wherever you listen to podcasts.

0:36.7

This is Master's in Business with Barry Redholz on Bloomberg Radio.

0:44.0

This week on the podcast, Michael Lewis, out with a brand new book on San

0:49.1

Banking Free and FTX. Doing the circuit, we managed to get him right after his 60 minutes podcast,

0:56.1

and he was completely open and unguarded and talked about everything,

1:00.8

talked about the process of writing the book, what it's like to go on 60 minutes,

1:07.2

and know that social media is going to come at you.

1:10.9

People would much rather go to the outrage machine than actually learn the details and argue

1:16.4

from a factual perspective. He doesn't have an opinion on whether or not

1:20.8

San Banking Free is going to be found guilty or not, and the book is similar.

1:25.9

He just lays it out as he saw it as a fly in the wall and lets you the reader figure it out.

1:33.0

So all of you haters out there is just shaking it off and moving on with whatever is going to be

1:39.8

his next book project. I found the book to be absolutely fascinating, really enjoyed it,

1:45.3

although I read it, you know, quickly in a weekend, normally I look surreate in Michael Lewis,

1:50.4

and I found our conversation to be completely delightful, and I think you will also.

...

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