Against the Rules with Michael Lewis

Other People’s Money: Jacob Goldstein and the Bonds of Wall Street

Feb 8, 2022

Jacob Goldstein, a finance reporter known for his work on NPR's Planet Money, joins to delve into the enduring relevance of 'Liar's Poker.' They explore how this iconic book uncovers the chaotic Wall Street environment of the 1980s and its impacts today. The conversation reveals the emotional ties investors have with money and the moral complexities of managing 'other people's money.' They also discuss the generational clash in finance practices and how AI is reshaping the industry.

42:14

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Episode guests

Jacob Goldstein

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Episode notes

Intro

2min

Unpacking the Legacy of 'Liar's Poker'

3min

Reflecting on Wall Street's Financial Frenzy

5min

AI's Transformative Impact Across Industries

7min

Generational Clash in Finance

14min

Exploring Storytelling and Reflections on 'Liar's Poker'

2min

High Stakes on Wall Street

13min

Unraveling the Bonds of Wall Street

2min

For the first time in more than 30 years, Michael Lewis has re-read Liar’s Poker. That experience brought up a lot of questions — especially, why is a book set in the pre-Internet Wall Street of the 1980s still relevant today? So Michael turned to Jacob Goldstein, finance reporter and host of the Pushkin show "What’s Your Problem?". They discuss how Liar’s Poker foreshadowed the ups and downs of the world we live in now.

You can listen to Jacob Goldstein’s new show “What’s Your Problem?” here: https://podcasts.apple.com/us/podcast/whats-your-problem/id1602541473

And you can order the new Liar’s Poker audiobook here: https://www.pushkin.fm/audiobook/liars-poker

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