Episode
Live Call-In Show With Jon: On Stocks, Fox, and More!
58:49
Published: Sat Feb 25 2023
Description
It’s our first-ever live call-in event! We’re joined by friends of the show Dave Lauer, CEO of Urvin Finance and creator of We The Investors, and David Dayen, executive editor of The American Prospect, to talk about the SEC’s newest rule proposals, PFOF, and the crypto collapse. Plus, we field listener calls and questions about the media, the Fox News lawsuit, and more—including a little love advice.Season 2 is now streaming on Apple TV+.CREDITS Hosted by: Jon Stewart Featuring, in order of appearance: Dave Lauer, David Dayen, various callers Executive Produced by Jon Stewart, Brinda Adhikari, James Dixon, Chris McShane, and Richard PleplerLead Producer: Sophie EricksonSenior Digital Producer: Freddie MorganProducers: Caity Gray, Cassie Murdoch, Zach Goldbaum Assoc. Producer: Zach Silberberg, Niki Mahmoodi, Andrea BetanzoSound Engineer & Editor: Miguel CarrascalDigital Coordinator: Norma HernandezSupervising Producer: Lorrie Baranek Head Writer: Kris AcimovicElements: Kenneth Hull, Daniella Philipson, Cory BishopTalent: Brittany Mehmedovic, Marjorie McCurry, Lukas Thimm Research: Susan HelvenstonTheme Music by: Gary Clark Jr. The Problem With Jon Stewart podcast is an Apple TV+ podcast produced by Busboy Productions. https://apple.co/-JonStewart
Chapters
The guest interviews on Market Matters with Ritholtz questioned whether the recent Fox defamation case settled the debate on whether Bill O'Reilly came from Bullshit Mountain in light of the incipient fraud perpetrated upon the people.
00:00 - 03:03 (03:03)
Summary
The guest interviews on Market Matters with Ritholtz questioned whether the recent Fox defamation case settled the debate on whether Bill O'Reilly came from Bullshit Mountain in light of the incipient fraud perpetrated upon the people.
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
The SEC has proposed a new set of rules to bring transparency and fairness to the markets, including changes to payment for order flow (PFOF).
03:03 - 10:00 (06:56)
Summary
The SEC has proposed a new set of rules to bring transparency and fairness to the markets, including changes to payment for order flow (PFOF). While there is a comment period for investors to provide feedback on the rules, it is unclear how much impact it will have on the final outcome.
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
The new SEC rules are estimated to save investors billions of dollars a year, but market makers like Citadel and Virtu are expected to push back against them due to potential loss of income.
10:00 - 14:02 (04:02)
Summary
The new SEC rules are estimated to save investors billions of dollars a year, but market makers like Citadel and Virtu are expected to push back against them due to potential loss of income.
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
The failure to deliver shares owed to buyers, known as Failures to Deliver (FTDs), is a persistent problem in the market.
14:02 - 17:56 (03:54)
Summary
The failure to deliver shares owed to buyers, known as Failures to Deliver (FTDs), is a persistent problem in the market. Firms like Citadel and Virtu can continuously fail to deliver shares without penalty due to a loophole in Regulation SHO, which allows them to be exempted as bonafide market makers.
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
The confusion around the halt of the stock trading was due to the mistaken notion that the shareholders were going to be able to sell their shares after a certain date.
17:56 - 25:45 (07:48)
Summary
The confusion around the halt of the stock trading was due to the mistaken notion that the shareholders were going to be able to sell their shares after a certain date. However, once the company went private, the symbol of the stock was no longer valuable, and the shareholders could not liquidate their positions in time.
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
The OTC market, particularly the Q-sip within it, poses numerous risks to investors, with a significant level of complexity, fail-to-deliver trades, and warning messages displayed on the market's websites.
25:45 - 31:17 (05:32)
Summary
The OTC market, particularly the Q-sip within it, poses numerous risks to investors, with a significant level of complexity, fail-to-deliver trades, and warning messages displayed on the market's websites. This highlights the fragile ground of this market and its potential dangers.
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
The bankruptcy managing company, FTX, is under fire for their involvement in political corruption.
31:19 - 36:05 (04:46)
Summary
The bankruptcy managing company, FTX, is under fire for their involvement in political corruption. Sam Bankman-Fried, leader of FTX, has been indicted for giving money to other people to then give to politicians in order to get around campaign finance restrictions.
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
The collapse of FTX is leading to more insiders willing to talk about crypto, driving activity in the sector.
36:05 - 40:47 (04:42)
Summary
The collapse of FTX is leading to more insiders willing to talk about crypto, driving activity in the sector. Banking regulators have also advised caution to banks investing in crypto.
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
The hosts discuss how the legal framework and political strategies play a role in shaping media content and transparency, citing the recent lawsuit against Fox News for spreading misinformation on COVID-19.
40:47 - 48:14 (07:26)
Summary
The hosts discuss how the legal framework and political strategies play a role in shaping media content and transparency, citing the recent lawsuit against Fox News for spreading misinformation on COVID-19.
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
The speaker advises the listener to move on from a woman who is not currently ready for a relationship and instead focus on finding someone new who is available and compatible.
48:14 - 52:19 (04:04)
Summary
The speaker advises the listener to move on from a woman who is not currently ready for a relationship and instead focus on finding someone new who is available and compatible. The listener is reminded to prioritize their own needs and to believe their partner when they communicate their emotions.
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
The podcast host discusses the process of choosing topics and doing research for the podcast along with a random joke.
52:19 - 55:28 (03:09)
Summary
The podcast host discusses the process of choosing topics and doing research for the podcast along with a random joke.
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
The speaker encourages the listener to take a break from the overwhelming chaos of the news when needed, but to also remember to not give up and to find ways to help within their community.
55:28 - 58:49 (03:20)
Summary
The speaker encourages the listener to take a break from the overwhelming chaos of the news when needed, but to also remember to not give up and to find ways to help within their community.