The Playboy of Indiana

American Greed Podcast

CNBC

Tv & Film, True Crime, Society & Culture, Documentary

4.6 • 1.9K Ratings

🗓️ 30 December 2025

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Tim Durham lives in a 30,000-square-foot Shangri La on the outskirts of Indianapolis, has a $6 million yacht and parties with Playboy models. He claims to have made his fortune as a king of the leveraged buyout, with his company Obsidian Enterprises buying stakes in struggling manufacturing companies, turning them around, and flipping them for big profits. Problem is, the profits that Durham claims to make as a fix-it-and-flip-it king are bogus and he's burning through investor money. (Original television broadcast: 1-22-15) Want to binge watch your Greed? The latest episodes at: https://www.cnbc.com/american-greed/ Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0	This is the American Greed podcast presented by CNBC.
0:04.1	I'm Stacey Keach.
0:08.9	In this episode of American Greed,
0:12.6	Indianapolis businessman Tim Durham lived like a Hollywood playboy.
0:17.7	Tim liked Flash.
0:19.6	He liked car companies and cigar bars and ultra-louches and yachts.
0:24.6	He dates models, drives super exotic cars.
0:28.6	I had a nail of the tire.
0:31.6	I was $22,000.
0:32.6	And owns a $6 million yacht.
0:35.6	I mean, I like material things. Absolutely.
0:38.3	I think that's what drives American economy.
0:41.3	I think everybody's materialistic.
0:43.3	Durham's ambition to be the world's richest man.
0:47.3	At the end of the day, when I breathe my last breath,
0:50.3	I'd like to be the worth more than anyone else in the world.
0:53.3	But this master of the universe pervert Midwestern values
0:58.0	by stealing $200 million from blue-collar workers,
1:02.0	farmers, firemen, school bus drivers.
1:07.0	And I just would like to ask him, was it worth it? Where you are now? Was it really, would you do it again?
1:16.9	I first shot with Playboy in 2006 and 2007, and then I was on Beauty and the Geek season three.
1:30.3	Megan Hauserman is a reality TV star known for her work on dating shows.
	...

Transcript will be available on the free plan in 13 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.