Chapter
The Unraveling of the Billion Dollar Ponzi Scheme
1:20:28 - 1:25:03 (04:35)
The Irving Picard case against Bernie Madoff's associates is becoming too big for the Southern District of New York, as it involves following money trails and investigating campaign finance and election actions. Meanwhile, Citadel, a hedge fund, is purchasing E-Trade, marking the fallout of Madoff's billion dollar ponzi scheme.
Clips
In this segment, the hosts analyze the Blackstone-Citadel deal and speculate on the involved parties, with no shortage of suspicion and conspiracy theory.
1:20:28 - 1:22:12 (01:44)
Summary
In this segment, the hosts analyze the Blackstone-Citadel deal and speculate on the involved parties, with no shortage of suspicion and conspiracy theory.
ChapterThe Unraveling of the Billion Dollar Ponzi Scheme
EpisodeE111: Microsoft to invest $10B in OpenAI, generative AI hype, America's over-classification problem
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The Madoff case continues to have a ripple effect on the financial industry, as discussions around whether the regulations in place are enough to prevent a similar scenario from happening again are ongoing.
1:22:13 - 1:23:53 (01:39)
Summary
The Madoff case continues to have a ripple effect on the financial industry, as discussions around whether the regulations in place are enough to prevent a similar scenario from happening again are ongoing. The Southern District of New York is investigating where the money sent by Madoff’s company went and whether they can get it back, which will ultimately lead to an investigation into campaign finance and election interference.
ChapterThe Unraveling of the Billion Dollar Ponzi Scheme
EpisodeE111: Microsoft to invest $10B in OpenAI, generative AI hype, America's over-classification problem
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
This podcast episode discusses a movie plot where a Caucasian patriarchy on a luxurious yacht gets overturned after a shipwreck and the only person who knows survival skills is the Filipino woman who works as a cleaner.
1:23:53 - 1:25:03 (01:10)
Summary
This podcast episode discusses a movie plot where a Caucasian patriarchy on a luxurious yacht gets overturned after a shipwreck and the only person who knows survival skills is the Filipino woman who works as a cleaner. This leads to an immigrant matriarchy and an exploration of class and survival.