The Prof G Pod with Scott Galloway How Money Laundering Took Over London — with Oliver Bullough
May 19, 2022
Oliver Bullough, a journalist and author known for his work on money laundering and kleptocracy, delves into how Britain has become a hub for financial crimes. He discusses the alarming implications of this transformation and the historical roots of money laundering in London. The conversation also touches on the response to Russian oligarchs amid political unrest and the evolving UK economic crime laws. Bullough emphasizes the need for corporate transparency and the battle against corruption as vital for holding wrongdoers accountable.
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Elon Musk's Twitter Deal
- Elon Musk's attempt to put the Twitter deal "on hold" is merely a tactic to renegotiate or exit.
- The market reflects this, with Twitter's stock price significantly below the offer price.
The Looming Recession
- A recession is highly probable and will severely impact information age workers.
- This generation, accustomed to a booming market, will face unprecedented layoffs.
Britain's Butler Role
- Britain transitioned from an imperial power to a "butler" for the world's wealthy, facilitating money laundering and other illicit activities.
- This shift began in the 1950s as London exploited financial loopholes to attract capital.
