Plain English with Derek Thompson

A Crypto Catastrophe: The Stunning Fall of FTX—and What Comes Next

Nov 15, 2022

49:22

Episode guests

William D. Cohan

Highlights

AI Chapters

Episode notes

Power Failure: The Rise and Fall in American Icon

02:01

Is There a Thread That Connects Jack Welch and Mark Zuckerberg?

03:10

SPF Sam Bankman-Freeze - The Most Infamous Name in Business

03:08

Introduction

6min

Is SBF a Ponzi Scheme or an Outright Fraud?

2min

The Importance of Stories in the Business World

3min

SPF Sam Bankman-Freeze - The Most Infamous Name in Business

3min

FTX Bankruptcy - Where's the Money?

5min

Collateral on Margin Loans - Is That Really the Case?

4min

What's the Right Historical Analogies in the Bankruptcy Process?

3min

FTX

2min

Fba SPF

5min

10.

SPF's Reverse Confidence Game on Cryptocurrency

4min

11.

I'm a Smart Person, but I Might Not Be Smart to Get Crypto

3min

12.

You Know, I Don't Understand How a Car Works

2min

13.

Power Failure: The Rise and Fall in American Icon

2min

14.

Is There a Thread That Connects Jack Welch and Mark Zuckerberg?

3min

Derek shares his thoughts on the meltdown of crypto exchange FTX and the disgrace of its founder, Sam Bankman-Fried, before welcoming veteran finance journalist William D. Cohan to discuss the history of finance frauds, what comes next for FTX, the media’s relationship to CEO royalty, and his new book, 'Power Failure,' on the rise and fall of GE.

Host: Derek Thompson

Guest: William D. Cohan

Producer: Devon Manze

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Plain English with Derek Thompson

A Crypto Catastrophe: The Stunning Fall of FTX—and What Comes Next

Episode guests

Power Failure: The Rise and Fall in American Icon

Is There a Thread That Connects Jack Welch and Mark Zuckerberg?

SPF Sam Bankman-Freeze - The Most Infamous Name in Business

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Save anymoment

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