Against the Rules with Michael Lewis Judging Sam: Week 2 Catch-up with Michael Lewis
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Oct 16, 2023 Lidia Jean Cott, a court reporter covering the Sam Bankman-Fried trial, shares firsthand insights on the dramatic proceedings. She discusses Caroline Ellison's emotionally charged testimony and the courtroom's unexpected moments, revealing both tension and humor. Michael Lewis, curious about the trial's portrayal, questions Lidia on how the characters have evolved since his book. They explore themes of risk and responsibility, drawing parallels to the behaviors seen in high-stakes situations, all while navigating the intricate dynamics of trust and ethics in the crypto world.
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Caroline's Testimony
- Caroline Ellison's testimony portrayed her time working with Sam Bankman-Fried as a major regret.
- She felt trapped, fearing the consequences of her departure.
Caroline's Discomfort
- Caroline Ellison primarily emphasized stress during the last few months of FTX's operation.
- Her discomfort arose when Bankman-Fried used customer funds, a point seemingly overlooked by the defense.
Odds of Acquittal
- Michael Lewis believed Bankman-Fried had a low chance of acquittal, which has decreased further.
- However, Bankman-Fried's decision to testify introduces uncertainty.