Beneath starched Shakespearean togas and the pungent fug of gladiator sweat there are real Romans waiting to be discovered. To know what it was to be Roman you need to gather the scattered clues until they form a living, breathing human, witness to the highs and horrors of Europe’s greatest empire. Mary Beard introduces her six part series on the people of the Roman Empire, from a slave to an emperor.
The Commentary Magazine Podcast - A World Crisis Demands Serious Politicians
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CoinDesk Podcast Network - Unchained: Why SBF’s Testimony So Far Has Likely Already Doomed Him
Defense lawyer Sam Enzer says Sam Bankman-Fried’s testimony had evasive answers and non-sequiturs—but that the defense may now have a good argument for appeal.
Sam Enzer, a partner at the law firm Cahill Gordon & Reindel, told Laura that former FTX CEO Sam Bankman-Fried did about as well as he could in his testimony Friday but that he was unlikely “to withstand the scrutiny” of what prosecutors have already said will be a robust cross-examination when he takes the stand Monday.
Enzer noted that Bankman-Fried’s attempts to explain why he thought his trading shop, Alameda Research, could borrow billions in dollars of FTX customer assets “defies common sense,” and that the company’s own terms of agreement or any other communications offered no justification for this belief. A Thursday hearing without the jury present, in which the defense gave a preview of some arguments it wanted to make, ended up giving the government answers from SBF that it can now use against him. Enzer also said that Bankman-Fried’s contention that his biggest mistake – a failure to implement proper risk management – did not constitute criminal fraud, did not address the core of the government’s case; namely, that he lied about how FTX was handling customer deposits.
Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.
Show highlights:
- Why Enzer thinks Sam Bankman-Fried’s testimony is unlikely to sway jury sentiment or withstand cross-examination
- Why the evidentiary hearing in which SBF testified without a jury may hurt his cause
- The purpose of the evidentiary hearing
- How Judge Lewis Kaplan hinted at what he thought about SBF’s testimony
- How Bankman-Fried is likely to fare against prosecutor Danielle Sassoon in what she has promised will be a robust cross-examination
- How the defense tried to recast SBF’s image by humanizing him
- Why the defense now has stronger grounds for an appeal than it previously did
- What the jury is likely to make of SBF’s contention that he was in the dark about core allegations
- Why the prosecution said it would call rebuttal witnesses
- What a charge conference is and why that will take place after SBF testifies
Thank you to our sponsors! | Crypto.com | Arbitrum Foundation | LayerZero | Popcorn Network
Guest |
Sam Enzer, partner at Cahill Gordon & Reindel.
Previous appearances on Unchained:
Another Bad Week for Sam Bankman-Fried in His Criminal Trial – Ep. 558
Why These Lawyers Say It's Over for SBF-But His Only Hail Mary Is to Testify
SBF Trial: How Sam Bankman-Fried’s Lawyers Might Try and Win His Case
SBF’s Lawyers Could Be Annoying the Judge. How Might That Impact the Trial?
Links |
Previous coverage by Unchained on the trial of Sam Bankman-Fried:
How Heated Sidebars During the SBF Trial Could Impact the Jury’s Decision
SBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF’s Family
SBF Trial, Day 3: Why a True Believer in FTX Flipped Once He Learned One Fact
SBF Trial, Day 4: SBF’s Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda’s Special Privileges
Sam Bankman-Fried Trial: Here's Everything That Happened So Far
SBF Trial, Day 5: SBF's Defense Finally Found Its Legs, But Can It Counter Caroline Ellison?
SBF Trial, Day 6: Caroline Ellison Recalls 'The Worst Week of My Life'
SBF Trial, Day 7: In SBF Trial, Did the Defense Lose Its Opportunity With the Star Witness?
SBF Trial, Day 8: Former BlockFi CEO Adds Credibility to Fraud Charges
SBF Trial, Day 9: Nishad Singh Describes Former FTX CEO as a Bully and Big Spender
SBF Trial, Day 10: Defense Struggles to Discredit Nishad Singh's Testimony
SBF Trial, Day 11: How Alameda Got FTX Into a $9 Billion Hole
SBF Trial, Day 12: Former FTX General Counsel Speaks Out Against SBF
SBF Trial, Day 13: Before Judge, Former FTX CEO Sam Bankman-Fried Gives Few Straight Answers
SBF Trial, Day 14: Sam Bankman-Fried Casts Blame on Others for Key Decisions at FTX
Did Sam Bankman-Fried Have Intent to Defraud FTX Investors?
Good Morning America: FTX's Sam Bankman-Fried on crypto giant's collapse: 'A lot of people got hurt. And that's on me'
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.
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CBS News Roundup - 11/01/2023 | World News Round Up
Americans hope to escape Gaza now that some of the injured have been allowed into Egypt. Pilot charged over gun in the cockpit. The Federal Reserve's interest rate decision. CBS News Correspondent Steve Kathan has today's World News Roundup.
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Reset with Sasha-Ann Simons - More Than 80% Of Cook County Property Owners Will Soon Pay Higher Tax Bills
The Intelligence from The Economist - The Intelligence: Gaza sparks a global culture war
Online and on-screen reactions to the conflict reflect a subtle but important shift in Western attitudes, driven by three related forces: technology, demography and ideology. Britain’s King Charles is visiting Kenya—and will have a harder time navigating historical tensions than his mother ever did (09:56). And sleeping less tight: Paris is not the only place bedbugs are on the rise (18:24).
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Social Science Bites - Deborah Small on Charitable Giving
Is giving to a charitable cause essentially equivalent to any other economic decision made by a human being, bounded by the same rational and irrational inputs as any other expenditure? Based on research by psychologist Deborah Small and others working in the area of philanthropy and altruism, the answer is a resounding no.
In this Social Science Bites podcast, Small, the Adrian C. Israel Professor of Marketing at Yale University, details some of the thought processes and outcomes that research provides about charitable giving. For example, she tells interviewer David Edmonds, that putting a face to the need – such as a specific hungry child or struggling parent – tends to be more successful at producing giving than does a statistic revealing that tens of thousands of children or mothers are similarly suffering.
This “identifiable victim effect,” as the phenomenon is dubbed, means that benefits of charity may be inequitably distributed and thus do less to provide succor than intended. “[T]he kind of paradox here,” Small explains, “is that we end up in many cases concentrating resources on one person or on certain causes that happened to be well represented by a single identifiable victim, when we could ultimately do a lot more good, or save a lot more lives, help a lot more people, if – psychologically -- we were more motivated to care for ‘statistical’ victims.”
That particular effect is one of several Small discusses in the conversation. Another is the “drop in the bucket effect,” in which the magnitude of a problem makes individuals throw up their arms and not contribute rather than do even a small part toward remedying it.
Another phenomenon is the “braggarts dilemma,” in which giving is perceived as a good thing, but the person who notes their giving is seen as less admirable than the person whose gift is made without fanfare. And yet, the fact that someone goes public about their good deed can influence others to join in.
“[O]ne of the big lessons in marketing,” Small details, “is that word of mouth is really powerful. So, it's much more effective if I tell you about a product that I really like than if the company tells you about the product, right? You trust me; I'm like you. And that's a very effective form of persuasion, and it works for charities, too.”
Small joined the Yale School of Management in 2022, moving from the University of Pennsylvania’s Wharton School, where she had been the Laura and John J. Pomerantz Professor of Marketing since 2015. In 2018, she was a fellow of the American Psychological Society and a Marketing Science Institute Scholar.
NPR's Book of the Day - ‘The House of Doors’ is a novel about romance, secrecy and colonialism in Malaysia
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Money Girl - Self-Employed? How to Find Affordable Health Insurance
Laura interviews Tom Morrissey, Founder of Healthy Business Group (HBG), an innovative healthcare benefit solution for businesses and solopreneurs, about ways to save money on health insurance.
Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.
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The Daily Detail - The Daily Detail for 11.1.23
Alabama
- AL Democratic Party blames Sen. Tuberville for USMC general's heart attack
- Wes Kitchens looks to campaign for open state senate seat for District 9
- Sheffield police say young boy injured by gunfire had successful surgery
- Joren Van Der Sloot is headed back to Peru after extradition flight on Tuesday
- Rides being inspected ahead of National Peanut Festival in Dothan
- Oliver Anthony is part of the musical line up for Cullman's Rock the South
National
- 300 US troops being deployed for support roles in Middle East
- Independent media has video of razor wire being lifted to help illegal aliens
- ACLU gets amicus brief rejected by judge in Donald Trump's DC case
- Retired Gen. Michael Flynn talks about Blackmail of Congress
- 82 K emails from Joe Biden using aliases are produced by National Archives
- Part 3 of scientists discussing the DNA contaminants in Covid 19 vaccines