Sam Bankman-Fried built a reputation as the one reliable crypto bro. But within the span of days, his empire came crashing down. What the rise and fall of crypto's 30-year-old elder statesman says about the story of crypto so far.
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Consider This from NPR - What Happens To The Investigations Involving Now-Candidate Trump?
Former President Trump is launching his 2024 campaign with a cloud of legal issues hanging over his head. They include the federal investigation into the January 6 insurrection at the U.S. Capitol, another into the top secret documents he kept at Mar-a-Lago and a criminal tax fraud trial in New York.
University of Michigan Law Professor Barbara McQuade, a former U.S. Attorney, explains how his status as a candidate might weigh on those investigations.
And NPR media correspondent David Folkenflik explains another development since Trump's last campaign: the conservative media properties run by Rupert Murdoch appear to have cooled on the former president.
In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.
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University of Michigan Law Professor Barbara McQuade, a former U.S. Attorney, explains how his status as a candidate might weigh on those investigations.
And NPR media correspondent David Folkenflik explains another development since Trump's last campaign: the conservative media properties run by Rupert Murdoch appear to have cooled on the former president.
In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.
Email us at considerthis@npr.org.
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The Gist - Implicating Trump Under Oath
Gordon Sondland was Ambassador to the EU, which eventually led to his testimony during the first impeachment proceedings against Donald Trump. Sondland confirmed some elements of the quid-pro-quo, backed up other parts of Trump’s narrative, and was soon fired for his participation. His new book is The Envoy: Mastering the Art of Diplomacy with Trump and the World. Plus, the aforementioned Donald Trump has just announced he’ll run once more for President, Mike has the full breakdown of news, norms, psychology, and turkey prices.
Produced by Joel Patterson and Corey Wara
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Reset with Sasha-Ann Simons - Sen. Duckworth Lays Out Priorities For Lame Duck Session, 118th Congress
Duckworth plans to push for an assault weapons ban, stronger benefits for U.S. veterans and their families, water protections and more when the next Congress is sworn in in January, and she says there’s a lot of important work to do before that during the lame duck session. Reset talks to newly-reelected U.S. Senator Tammy Duckworth about those priorities and why she believes bipartisanship is still a possibility, even with a divided legislative branch.
Reset with Sasha-Ann Simons - City Council Approves $13.5 Million In Subsidies For Black-Owned Grocery Company
Whole Foods just checked out of Englewood, and it’s just one of the grocery stores that closed recently on the city’s South and West sides. Will millions in city subsidies deliver healthy solutions for food deserts? Reset talks with Alderman Jason Ervin, 28th Ward, as well as Asiaha Butler, executive director of R.A.G.E Englewood, who is looking to expand food access.
The Daily Signal - TOP NEWS | Trump Launches White House Bid, Senate Leadership Election, ‘Respect for Marriage Act’ Advances | Nov. 16
On today’s Daily Signal Top News, we break down:
- Former President Donald Trump is running for president again
- Sen. Mitch McConnell wins re-election for the Senate Minority Leadership position
- The latest updates on Title 42
- The Senate advances the so-called ‘Respect for Marriage Act’
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This Machine Kills - 209. NOFTX
We dig into the details of FTX’s collapse. FTX is not an isolated event. FTX is not a bad apple. FTX is not uniquely mismanaged. FTX is not a cautionary tale. FTX is not a stunning surprise. FTX is a systemic problem, a vehicle for structural levels of fraud, another in a long line of liquidity crunches for crypto, a litmus test for credible due diligence, a fork in the road for the crypto economy, institutional investors, and government regulators.
••• It Was All a Game for Sam Bankman-Fried https://nymag.com/intelligencer/2022/11/it-was-all-a-game-for-sam-bankman-fried.html
••• FTX’s Balance Sheet Was Bad https://www.bloomberg.com/opinion/articles/2022-11-14/ftx-s-balance-sheet-was-bad
••• FTX held less than $1bn in liquid assets against $9bn in liabilities https://www.ft.com/content/f05fe9f8-ca0a-48d5-8ef2-7a4d813af558
••• Sam Bankman-Fried Was Supposed to Be Different. He Wasn't. https://www.vice.com/en/article/dy7epm/sam-bankman-fried-was-supposed-to-be-different-he-wasnt
••• Sam Bankman-Fried’s FTX Crypto Empire Is Officially Bankrupt https://www.vice.com/en/article/qjkmvw/sam-bankman-frieds-ftx-crypto-empire-is-officially-bankrupt
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Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)
Motley Fool Money - Family Ties & the “Buffett Premium”
Fictional character Alex P. Keaton and real-life CEO Warren Buffett have at least one thing in common.
(0:21) Ron Gross discusses: - Getting inspiration from a sitcom character - Buying his 1st stock from research in an investing newsletter - His enduring admiration for Costco - The undefinable-but-real value of the “Buffett Premium” when examining Berkshire-Hathaway’s business
Stocks mentioned: DIS, NFLX, COST, BRK-B
Host: Chris Hill Guest: Ron Gross Engineer: Dan Boyd, Tim Sparks
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Federalist Radio Hour - How Covid Emboldened Authoritarianism On College Campuses
On this episode of "The Federalist Radio Hour," Ellie Puentes, a former Union College student who was expelled for refusing to get the Covid booster shot, joins Federalist Staff Writer Evita Duffy to share her story and discuss how the pandemic emboldened authoritarianism on college campuses.
CoinDesk Podcast Network - BREAKDOWN: Genesis and Gemini Earn Halt Withdrawals as FTX Contagion Spreads
Plus, a look at Apple’s plans to move semiconductor manufacturing onshore.
This episode is sponsored by Nexo.io, Circle and Kraken.
On today’s episode, NLW covers the latest fallout from the FTX collapse. Genesis Capital has paused withdrawals and loan origination, which has also led to Gemini pausing its Earn program. NLW also covers the latest in why last week’s CPI print may not be as bullish as it seems and why Apple plans to move semiconductor manufacturing onshore.
(Genesis Global Capital is a subsidiary of Digital Currency Group, the parent company of CoinDesk.)
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Nexo Pro allows you to trade on the spot and futures markets with a 50% discount on fees. You always get the best possible prices from all the available liquidity sources and can earn interest or borrow funds as you wait for your next trade. Get started today on pro.nexo.io.
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Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses.
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Kraken, the secure, trusted digital asset exchange, is our sponsor for today’s show. Kraken makes it easy to instantly buy 185+ cryptocurrencies with fast, flexible funding options. You’re covered by industry-leading security and award-winning Client Engagement, available 24/7. Sign up and trade today at kraken.com.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is "Back To The End" by Strength To Last. Image credit: zhuweiyi49/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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