SBF Gets 25 Years for Crypto Fraud & Who Pays for Baltimore Bridge Collapse?

Morning Brew Daily

Morning Brew

Business, News, Business News

4.4 • 3K Ratings

🗓️ 29 March 2024

⏱️ 27 minutes

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Summary

Episode 290: Neal and Toby discuss Sam Bankman-Fried being sentenced to 25 years and the judge's reasoning for the term length. Then, a really old maritime law complicates the issue of who’s paying for the damages from the Baltimore bridge collapse. Next, the stock market is off to its hottest start for Q1, led by, you guessed it, AI. However, it’s not all pretty roses for all companies. Also, Biden calls on his old friends to put together a supersized fundraiser against Trump, who’s selling his own version of the bible. Meanwhile, Ice Cube makes an offer Caitlin Clark can’t refuse to join his BIG3 league. Lastly, Beyoncé’s highly anticipated country album is here!! Use code MORNINGBREW50 to get 50% OFF your first Factor box at https://bit.ly/3UUZGG0 00:00 - Intro 2:30 - SBF gets 25 years 7:00 - Who’s paying for the bridge collapse? 11:00 - Q1 hot & cold stocks 1500 - Former presidential tag-team 18:15 - Caitlin Clark to BIG3? 21:45 -’ Cowboy Carter’ drops Get your Morning Brew Daily Merch HERE: https://shop.morningbrew.com/products/morning-brew-daily-sweatshirt?utm_medium=multimedia&utm_source=podcast&utm_campaign=mbd&utm_content=shownotes Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Good morning Brew Daily Show.
0:02.9	I'm Neil Freiman.
0:03.8	And I'm Toby Howell.
0:04.8	Today, convicted fraudsters Sam Baked and Freed
0:07.5	learned just how long he'll spend in prison.
0:10.0	Then Ice Cube offered Caitlin Clark $5 million to play in his 3v3 Basketball League.
0:16.6	It's Friday, March 29th.
0:18.4	Let's Ride. Today, March 29th marks one year since Evan Gerschovich, a 32-year-old American Wall Street
0:31.2	Journal reporter was unjustly detained in Russia on
0:34.3	accusations of espionage. Charges that the paper and the US government say are bogus
0:39.2	Russia's foreign ministry has said it would be open to a prisoner swap but not until a
0:43.6	verdict is reached in his trial which has not been scheduled yet and who knows
0:47.8	when that will happen his attention has been extended for five times now with the
0:52.3	latest extension coming last week.
0:54.2	People across the media industry are calling on leaders to get Evan home as quickly
0:58.7	as possible saying doing journalism is not a crime.
1:01.9	Yeah, his friends and family have been keeping in touch with him.
1:05.6	Evan says that they're keeping him up to date on his favorite Premier League team.
1:09.0	He's a big Arsenal fan, which is having a fantastic season, which might help bolster his spirits a little bit.
1:14.0	They're also chatting with him about developments in AI because he said that he wants to be current when he comes back to the states.
1:20.4	His sister even asked him if she could see Dune too because she felt bad that she would go to see it while he currently can't but still obviously it's very hard to be in this almost fake reality where you don't know when or if you're going to be coming home soon, but hopefully
1:34.3	that homecoming trip is sooner rather than later.
	...

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