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The News Agents

The rise and fall of a crypto billionaire

The News Agents

Global

News, Daily News, Government, Politics

4.15.4K Ratings

🗓️ 19 October 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

Just one day after the US president Joe Biden, Prime Minister Rishi Sunak is on the ground in Israel pleading for the lives of British hostages and facing calls from Netanyahu for Britain’s “continuous support “. Rishi like Biden, is walking a fine line.

We talk to Shashank Joshi, Defence Editor of The Economist about what's next as Western leaders scramble in the search for de-escalation.

And later - is Sam Bankman-Freid a crook or a victim of a political pile-on? Once anticipated to be the world's first trillionaire he’s now got a "99.5% chance" of going to prison for fraud for 115...years.

We speak to Michael Lewis - of 'Moneyball' and 'The Big Short' fame. He’s written a biography of SBF - Going Infinite - and talks to us about understanding the man many can't.

Editor: Tom Hughes

Senior Producer: Gabriel Radus

Producer: Laura FitzPatrick

Planning Producer: Alex Barnett

Social Media Producer: Phoebe Dampare-Osei

Video Producers: Rory Symon & Ben Bate

You can listen to this episode on Alexa - just say "Alexa, ask Global Player to play The News Agents".

Transcript

Click on a timestamp to play from that location

0:00.0

The Newsagents podcast is brought to you by HSBC UK, opening up a world of opportunity.

0:08.1

This is a global player original podcast.

0:11.7

Good morning. I'm pleased to be here in Israel at this important time. Above all, I'm here to

0:17.7

express my solidarity with the Israeli people. You have suffered an unspeakable, horrific

0:23.0

act of terrorism, and I want you to know that the United Kingdom and I stand with you. I'm looking

0:29.6

forward to my meetings later today with the Prime Minister and President, and I very much hope

0:33.8

that they will be productive meetings. Thank you again. Another day, another world leader pitches up

0:38.7

at Ben Gurian Airport to speak to Israeli leaders. Obviously this time, Rishi Sunak, with the

0:45.5

distressing accompaniment in the background of an air raid siren going off, presumably meaning

0:50.7

incoming rockets from Gaza. But is this diplomatic maneuvering going anywhere?

0:58.1

There will be more world leaders who will converge on Jerusalem. But is this just a pause,

1:04.6

or is it going to affect what Israel does next? Welcome to the newsagents.

1:13.6

The Newsagents. It's John. And later in the podcast, Emily has done a most amazing interview

1:20.5

with the author Michael Lewis, the author of Moneyball, the big short that sold squillions of books. And he has written a new piece

1:31.4

about Sam Bankman Fried. Now, he is the crypto billionaire that now finds himself on trial,

1:39.4

the guy that has gone from Hero to Zero in record short time.

1:45.4

And Michael Lewis had been following Bankman Freed

1:48.6

from when he was sort of just starting and becoming a phenomenon

1:53.0

and has watched the arc as the courts moved in

1:58.2

and the US Justice Department closed in on him.

2:02.6

And Bankman Fried's trial began at the start of this month with charges of wire fraud and

2:09.2

conspiracy, securities fraud, it goes on and on and on, and money laundering.

...

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