Unexpected Recovery, Contrasting Emotions

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The chapter explores the surprising recovery of customer funds in a failed crypto exchange, resulting in customers receiving 118% of their losses. While some benefit from the recovery, equity holders like Tom Brady face significant losses. The narrative delves into the emotional contrast of customers reclaiming their funds but missing out on potential gains due to the rise in crypto value.

Episode 319: Neal and Toby discuss the big discovery from Google’s DeepMind using AI to potentially produce new drugs not possible by mere humans. Then, the biggest ‘pump and brag scheme’ that shook Wall Street goes to trial. Next, a new report shows renewable energy sources making progress towards a big clean energy goal. Also, Neal shares his favorite numbers covering FTX refunds, job satisfaction, and Taylor Swift. Lastly, an upheaval is bubbling in Germany over a food staple: doner kebabs

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00:00 - Apple ad controversy

3:00 - AI takes on drug industry

7:45 - Archegos goes to trial

11:30 - Renewable energy milestone

15:00 - FTX refund

17:30 - American workers happy-ish

19:15 - Taylor Swift takes over Europe

21:30 - Kebab-flation in Germany

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