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

Sam Bankman-Fried was sentenced to 25 years in prison after being convicted of fraud and conspiracy. Michael Lewis and Lidia Jean Kott were there in court. They talk about what happened with Judging Sam’s legal expert, Rebecca Mermelstein, a former federal prosecutor and partner at O'Melveny and Myers. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

While Sam Bankman-Fried has been on trial, the cryptocurrency exchange he founded, FTX, has been going through bankruptcy proceedings. Jonathan Lipson, a professor at Temple Law School, tells Michael Lewis that he believes the proceedings have highlighted problems with the US bankruptcy system.  Jonathan Lipson’s research paper “FTX’d: Conflicting Public and Private Interests in Chapter 11” is forthcoming in the Stanford Law Review. You can read a draft here [https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4760736].  You can listen to our previous interview about the FTX bankruptcy with Jonathan’s co-author, David Skeel, here [https://www.pushkin.fm/podcasts/against-the-rules/on-background-a-history-of-bankruptcy-in-the-us].  See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

This fall we covered the trial of Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX. He was found guilty of fraud and conspiracy and could face decades in prison. Now, we are covering his sentencing. Check here for those episodes starting the week of March 25th. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

The Happiness Lab’s Dr. Laurie Santos brings together other Pushkin hosts to mark the International Day of Happiness. Revisionist History’s Malcolm Gladwell talks about the benefits of the misery of running in a Canadian winter. Dr. Maya Shankar from A Slight Change of Plans talks about quieting her mental chatter. And Cautionary Tales host Tim Harford surprises everyone with the happiness lessons to be learned from a colonoscopy. Hear more of The Happiness Lab HERE [https://www.pushkin.fm/podcasts/the-happiness-lab-with-dr-laurie-santos]. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Enjoy this episode of Freakonomics Radio [https://podcasts.apple.com/us/podcast/freakonomics-radio/id354668519], where Michael Lewis sat down with Stephen Dubner to discuss his book “Going Infinite: The Rise and Fall of a New Tycoon.” ---------------------------------------- Description from the original episode: Lewis got incredible access to Sam Bankman-Fried, the billionaire behind the spectacular FTX fraud. His book is a bestseller, but some critics say he went too easy on S.B.F. Lewis tells us why the critics are wrong — and what it’s like to watch your book get turned into a courtroom drama. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.