On January 14, 2021 the Supreme Court decided City of Chicago, Illinois v. Fulton. The question presented was whether an entity that is passively retaining possession of property in which a bankruptcy estate has an interest has an affirmative obligation under the Bankruptcy Code’s automatic stay, 11 U.S.C § 362, to return that property to the debtor or trustee immediately upon the filing of the bankruptcy petition. The debtors believe that a different provision of the code, obligated the city to return the cars as soon as they filed for bankruptcy relief. The bankruptcy court agreed, and later, the 7th Circuit affirmed that ruling. By a vote of 8-0, the Supreme Court vacated and remanded. Writing for the Court, Samuel Alito indicated that “the mere retention of estate property after the filing of a bankruptcy petition does not violate §362(a)(3) of the Bankruptcy Code.”
Justice Alito’s opinion was joined by all other members of the Court except Justice Barrett, who took no part in the consideration or decision of the case. Justice Sotomayor filed a concurring opinion.
Ralph Brubaker, Carl L. Vacketta Professor of Law at University of Illinois’s College of Law, joins us today to discuss this ruling.
Pod Save America - “Katie Porter’s stock tips.”
Republicans make Joe Biden an offer he can refuse, the race to vaccinate America is on, and the new face of the GOP is a QAnon school shooting truther who believes that wildfires are caused by Jewish laser beams. Then Congresswoman Katie Porter talks to Jon Lovett about getting people access to mental health care during the pandemic and why the GameStop drama should lead to tougher Wall Street regulation.
Consider This from NPR - After Biden’s First Actions On Climate Change, How Much More Can He Do Alone?
This past week, President Biden signed executive orders that represent his administration's first actions in the fight against climate change. Some changes will take longer than others — and many more will not be possible without help from Congress.
Correspondent Lauren Sommer of NPR's climate team explains the likelihood of that happening — and what Biden could do if it doesn't.
NPR's Kirk Siegler reports from Wyoming on Biden's ban on federal oil and gas leasing. Most of the oil and gas drilled in Wyoming comes from federal land and communities there are bracing for job losses and school funding cuts.
In participating regions, you'll also hear a local news segment that will help you make sense of what's going on in your community.
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Correspondent Lauren Sommer of NPR's climate team explains the likelihood of that happening — and what Biden could do if it doesn't.
NPR's Kirk Siegler reports from Wyoming on Biden's ban on federal oil and gas leasing. Most of the oil and gas drilled in Wyoming comes from federal land and communities there are bracing for job losses and school funding cuts.
In participating regions, you'll also hear a local news segment that will help you make sense of what's going on in your community.
Email us at considerthis@npr.org.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
CoinDesk Podcast Network - BREAKDOWN: Have the Hedge Funds Infiltrated Reddit’s WallStreetBets?
The media keeps saying WallStreetBets is going after silver; WallStreetBets members say it’s a campaign to co-opt and divide them.
This episode is sponsored by Nexo.io.
Today on the Brief:
- Elon Musk talks bitcoin on Clubhouse
- India trying to ban crypto?
- DEXs have best month ever in January
Our main discussion: Has WallStreetBets been infiltrated by hedge funds?
Reddit community WallStreetBets became headline news last week when its short squeeze of GameStop (GME) nearly brought a famed hedge fund to its knees. According to Twitter personalities and the mainstream media, the community has now turned its focus to squeezing silver.
Except, one cursory look at the subreddit shows that isn’t the case. Instead, it is full of posts about how hedge funds and media are trying to promote the silver story to distract and divide the community.
In this episode, NLW tries to break down what’s happening and argues that now that WSB has become a market force, these sort of attempts to influence its conversation are going to become de rigeur.
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Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.
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Image credit: Nicky Loh/Bloomberg via Getty Images and WallStreetBets Subreddit
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Everything Everywhere Daily - Extraterritoriality
A common misconception that many people have is that embassies are part of the territory of the country that owns the embassy. For example, the American embassy in Canada is part of the United States.
This is not quite true.
The theory covering how an embassy or a diplomat works deals with the concept of extraterritoriality.
Learn more about extraterritoriality, the thing which makes international relations function, on this episode of Everything Everywhere Daily.
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Audio Poem of the Day - Totem Poem [If every step taken is a step well-lived]
by Luke Davies
First Things Podcast - The Making of a Poet – Conversations with Mark Bauerlein (2.1.21)
On this episode, Dana Gioia joins contributing editor Mark Bauerlein to discuss his recent memoir “Studying with Miss Bishop: Memoirs from a Young Writer’s Life.”
Stuff They Don't Want You To Know - Strange News: Has someone stolen the Ark of the Covenant? Chinese COVID-19 Conspiracies and Mexico Exonerates Corrupt Military Official
Locals near an Ethiopian church claim encroaching rebels aren't just waging a war agains the government--they've come to steal the legendary Ark of the Covenant, which has allegedly rested in this spot for more than 3,000 years. Members of the Chinese government have doubled down on their own brand of COVID conspiracy theories, accusing the US of creating the virus. International observers are in an uproar as Mexico exonerates a former high-level government official accused of multiple counts of massive smuggling offenses. All this and more in this week's Strange News.
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array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/2e824128-fbd5-4c9e-9a57-ae2f0056b0c4/image.jpg?t=1749831085&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }The Commentary Magazine Podcast - Will Biden Play ‘Let’s Make a Deal’?
Today's podcast raises the specter of a negotiation between the new president and ten Republicans who offer the possibility of a bipartisan deal on COVID relief. Will he take it as an opportunity to prove he can work across the aisle or view it as a political trap? Also, more on Andrew Cuomo's perfidy and Donald Trump's GOP blackmail. Give a listen.
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Lex Fridman Podcast - #157 – Natalya Bailey: Rocket Engines and Electric Spacecraft Propulsion
Natalya Bailey is a rocket propulsion engineer from MIT and now CTO of Accion Systems. Please support this podcast by checking out our sponsors:
– Munk Pack: https://munkpack.com and use code LEX to get 20% off
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EPISODE LINKS:
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OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(06:51) – Intelligent life in the universe
(10:52) – Life in our solar system
(12:57) – Humans on Mars
(16:31) – Robots vs human in space exploration
(17:25) – AI in space
(21:30) – How rocket engines work
(26:47) – How ion engines work
(31:10) – How colloid engines work
(40:07) – Material science
(42:57) – Nuclear powered rocket engines
(47:56) – Electric propulsion out in space
(51:23) – Satellites
(56:17) – Photo of Earth from the Moon
(57:55) – Humans on Mars
(1:00:17) – Propulsion without fuel
(1:08:12) – How to build a rocket company
(1:15:10) – SpaceX and commercial spaceflight
(1:19:42) – Advice to startup founders
(1:26:18) – Book recommendations
(1:34:36) – Meaning of life