Ridiculous Crime

The Great Del Taco Stock Debacle: You Got Jacked!

8 snips
May 20, 2025
Dive into the wild world of minor league baseball scandals, where players gamble on Del Taco stock options! Hear about a quirky traffic stop involving a raccoon and a meth pipe. Explore the ethical dilemmas of insider trading through personal stories of ambition and resilience. Discover the hilarity and chaos of stock market volatility tied to a taco chain, while pondering the absurdities of consumer culture. It's a blend of humor and serious issues, revealing just how ridiculous crime can be in the pursuit of a payday!
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Minor League Poverty Amid Billionaires

  • Most minor league baseball players earn below the poverty line, making less than $12,000 annually.
  • MLB owners are mostly billionaires, but minors receive very low wages due to lack of labor protections.
INSIGHT

Financial Struggles of Minor Leaguers

  • Buying professional sports is tough as minor leaguers earn poverty wages and lack benefits.
  • The short nature of athletic careers demands athletes earn substantial money quickly, yet minor leaguers struggle financially.
ANECDOTE

Minor Leaguers Insider Trading Scheme

  • Minor league baseball players got insider information from a corporate finance friend about Del Taco's impending acquisition.
  • They bought call options on Del Taco stock anticipating a price surge after the official deal announcement.
Get the Snipd Podcast app to discover more snips from this episode
Get the app