Matt Levine

Matt Levine, a finance columnist and former Goldman Sachs banker, joins Michael Lewis to reflect on the 2008 financial crisis. Levine shares his firsthand experience during Lehman’s collapse and discusses how regulations shifted risk away from banks to hedge funds. They dive into the rise of Bitcoin as a reaction to the crisis and draw parallels between crypto collapses and the dynamics of 2008. Levine emphasizes that short-term funding is a core crisis cause, while speculating on where the next financial shock might originate.