Against the Rules with Michael Lewis: The Trial of Sam Bankman-Fried

Today on the show, Michael talks with Matt Levine, business columnist at Bloomberg News and author of the newsletter “Money Stuff.” Matt knows more about how crypto markets work than just about anyone else. And also about how they don’t work. Like when there’s a more than eight billion dollar hole nobody seems to have been able to fill. Matt and Michael talk trial, SBF and FTX. 

This conversation was recorded at 2pm on October 17...

It was supposed to be a quiet Monday in court, but it turned out to be everything but. Nishad Singh, a former top executive at FTX, and a close personal friend of the Bankman-Fried family took the stand. Lidia Jean calls Michael Lewis from court during her lunch break to get his take on Singh, and updates us with the latest as the SBF trial enters its third week.

This conversation was recorded on the evening of October 16...

Week 2 of Sam Bankman-Fried’s trial is in the books. The prosecution has called witnesses, including star witness Caroline Ellison, and the defense has cross-examined. There have been dramatic, emotional moments, a secret recording and laughter in the overflow rooms. Lidia Jean has been in court, and Michael has been on book tour. In this episode they catch each other up. Michael is curious how the characters he got to know while reporting his book have come off in court...

Caroline Ellison, former co-CEO of Alameda Research and Sam Bankman-Fried’s ex-girlfriend, spent 3 days on the stand this week. Ellison recently pled guilty to financial fraud, and is cooperating with the prosecution.

In this episode Lidia Jean Kott discusses Caroline’s testimony with Jacob Goldstein, financial reporter and author of the book Money. 

This conversation was recorded in the evening on October 12...

Caroline Ellison, former co-CEO of Alameda Research and Sam Bankman-Fried’s ex-girlfriend, takes the stand and has a lot to say. Ellison recently pled guilty to financial fraud, and is cooperating with the prosecution. In this episode Lidia Jean Kott discusses what came up on Day 1 of Caroline’s testimony with Jacob Goldstein, financial reporter and author of the book Money. 

This conversation was recorded in the evening on October 10...

Week 1 of Sam Bankman-Fried’s trial is in the books. The jury is seated, opening statements have been given, and witnesses are taking the stand. Lidia Jean has been in court, and Michael has been on book tour. In this episode they catch each other up. Michael wants to know what it’s like inside the courtroom, and Lidia Jean is curious about what new information Michael is learning.

This conversation was recorded on October 7...

SBF’s trial has been on for three days, and a lot has happened: jury selection, opening statements, and the first witnesses. Pushkin co-founder Jacob Weisberg sits down with reporter Lidia Jean Kott and Rebecca Mermelstein, a partner at the law firm O’Melveny and Myers, to talk about what’s happened in court so far.

This conversation was recorded on October 5 at 3 pm ET.

Questions for Michael? Submit them by clicking the link in our show notes or visiting atrpodcast...

The trial of former FTX CEO Sam Bankman-Fried got underway yesterday in the Southern District of New York. First order of business? Empanelling a jury. Reporter Lidia Jean Kott was there. To get more insight into how jury selection works, Lidia Jean sat down with trial consultant Ellen Leggett.

Their episode was recorded on October 2 at 6pm ET, with an update after court on October 3...

Open-source innovation is the future of AI. In this episode of Smart Talks with IBM, Malcolm Gladwell and Tim Harford discuss the open-source AI community with Jeff Boudier, head of product and growth at Hugging Face. They chat about the history and future of open-source AI, its critical importance to AI progress, the IBM watsonx partnership with Hugging Face, and how businesses can leverage open-source AI for their specific needs.

Visit us at: https://www.ibm...

Sam Bankman-Fried's trial starts today in the formidable Southern District of New York, with Judge Lewis A. Kaplan presiding. If convicted, the former multi-billionaire and CEO of crypto exchange FTX could spend the rest of his life behind bars...