Other People’s Money: Jacob Goldstein and the Bonds of Wall Street
Against the Rules with Michael Lewis
Pushkin Industries
4.4 • 9.9K Ratings
🗓️ 8 February 2022
⏱️ 42 minutes
🧾️ Download transcript
Summary
For the first time in more than 30 years, Michael Lewis has re-read Liar’s Poker. That experience brought up a lot of questions — especially, why is a book set in the pre-Internet Wall Street of the 1980s still relevant today? So Michael turned to Jacob Goldstein, finance reporter and host of the Pushkin show "What’s Your Problem?". They discuss how Liar’s Poker foreshadowed the ups and downs of the world we live in now.
You can listen to Jacob Goldstein’s new show “What’s Your Problem?” here: https://podcasts.apple.com/us/podcast/whats-your-problem/id1602541473
And you can order the new Liar’s Poker audiobook here: https://www.pushkin.fm/audiobook/liars-poker
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Transcript
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| 0:00.0 | Pushkin. |
| 0:11.2 | Hey there against the rules listeners. Michael Lewis here. |
| 0:14.9 | I know you've been very patient waiting for season three. |
| 0:18.6 | And it's coming this spring. |
| 0:21.1 | But over the next few weeks I wanted to share something special with you. |
| 0:24.6 | It's a project that I've really grown to love that I didn't think I would at first. |
| 0:28.6 | It starts with a bunch of boxes I kept in storage for three decades. |
| 0:32.7 | I brought them into the studio here in Berkeley, California. |
| 0:35.5 | Not sure what I'd find inside. |
| 0:38.2 | And I asked my editor, Julia Barton, to listen in as I opened them up. |
| 0:45.9 | This is promising at the top here. |
| 0:48.0 | You're looking at a banker's box that says Liars poker scribbled in in messy black ink on the top. |
| 0:53.8 | And sure enough you open it and here is |
| 0:56.6 | I have here a tattered manila folder with working titles, |
| 1:02.2 | a list of all the titles I considered. |
| 1:05.0 | Oh, let's hear it. |
| 1:07.2 | Fast and loose in the golden years bond fever. |
| 1:10.9 | Spell bound. |
| 1:14.4 | No spell bond. |
| 1:15.8 | That's I guess I thought that was a upon what burn out the empire builders. |
| 1:22.5 | Disposable assets. |
| 1:24.5 | Other people's money. |
... |
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