Michael Covel's Trend Following cover image

Ep. 864: The Deep State, Flow State and Animal Weapons with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

Dick Folt: The Worst Guy on Wall Street

Lehman Brothers' collapse was the biggest corporate bankruptcy in world history. Folt arguably was the worst guy on Wall Street and a whole menagerie of sociopaths. He leveraged Lehman something like 40 to 1, resisted attempts to deleverage or to sell out while the getting was good.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app