Against the Rules with Michael Lewis

Eric Simons, a high school math teacher and author of *The Secret Lives of Sports Fans*, teams up with Dan Wann, a psychology professor known for his research on fandom. They dive into the emotional rollercoaster that sports fans experience, revealing the fascinating psychology behind their behavior. The duo examines the complexity of fan loyalty, the rituals they engage in, and their surprising political engagement. They also highlight how technology is reshaping the fandom experience, uncovering the quirky nuances that come with cheering for a team.

Dive into the world of sports betting as host Michael Lewis explores America’s growing obsession. From the high-stakes excitement of Las Vegas to emotional rollercoasters in New Jersey, discover how fans gamble their savings on team performances. Engage with bookies, lobbyists, and professionals navigating this new landscape, unraveling the psychological effects of betting on fan culture and personal relationships. It's a captivating journey into the intertwining lives of sports fans and the world of legalized gambling.

Rebecca Mermelstein, a former federal prosecutor and partner at O'Melveny & Myers, provides keen insights into the sentencing of Sam Bankman-Fried to 25 years for fraud. The discussion dives into courtroom dynamics, exploring emotional weights and performative elements that shape justice. Mermelstein highlights the balance between numerical guidelines and subjective evaluations in white-collar crime. The intricate relationship between remorse and victim testimony adds depth to the conversation on sentencing complexities and the emotional fallout for families.

Jonathan Lipson, a bankruptcy law expert at Temple Law School, dives into the tumultuous FTX bankruptcy proceedings. He discusses significant flaws in the U.S. bankruptcy system that these cases reveal. Lipson challenges the controversial choice not to appoint an examiner, raising critical questions about transparency and accountability. He also dissects the dynamic tensions between oversight and prosecution, and examines how FTX's leadership has navigated these legal complexities, affecting stakeholder recovery prospects.

The ongoing saga of Sam Bankman-Fried takes center stage as his sentencing approaches. The fallout from his fraud conviction shakes the cryptocurrency world. Legal experts weigh in on the implications of the trial and what this means for the future of FTX. Anticipation builds for courtroom coverage, as audiences await the repercussions of the judgment. This riveting story offers a glimpse into the perilous edge of cryptocurrency and the complexities of justice.

Bestselling author and journalist Michael Lewis, known for 'Moneyball' and 'Liar's Poker', dives into his latest book 'Going Infinite', exploring the tumultuous rise and fall of crypto tycoon Sam Bankman-Fried. He shares insights from his firsthand access to Bankman-Fried, addressing criticisms of his portrayal and the unexpected drama of witnessing his book turned courtroom saga. The conversation touches on ethical dilemmas in wealth pursuit, the ties to effective altruism, and the chaotic dynamics of the FTX collapse.

In a captivating discussion, bestselling author Michael Lewis shares insights from his new book about crypto billionaire Sam Bankman-Fried. He reveals the fantastical rise and dramatic fall of Bankman-Fried, notably during his trial for fraud. Lewis explores the billionaire's intriguing belief in effective altruism and how his upbringing influenced his decisions. He also recounts the chaotic events surrounding the collapse of FTX, painting a vivid picture of the emotional and ethical dilemmas that ensued.

Journalist Elizabeth Lopatto, known for her keen insights into tech and finance, discusses her experiences covering Sam Bankman-Fried's trial. She compares it to Elizabeth Holmes' case, highlighting their contrasting courtroom strategies. The conversation delves into how millennials approach fraud and financial persuasion, the role of marketing in tech, and the emotional complexities faced by those involved in high-stakes trials. Elizabeth offers a unique perspective on the implications for trust in the financial system and the future of the tech industry.

Rebecca Mermelstein, a defense attorney at O’Melveny and former prosecutor, shares her insights on the aftermath of Sam Bankman-Fried's trial. She discusses the implications of the guilty verdict and what it means for sentencing and cooperating witnesses. The conversation delves into the complex dynamics of loyalty and betrayal, as well as the emotional reflections from those affected by the case. They also explore public perception and the legal challenges faced in high-stakes trials, offering a nuanced look at justice and accountability.

The podcast dives into the dramatic verdict in Sam Bankman-Fried's trial, capturing the courtroom's charged atmosphere and the emotional reactions from all parties. It reflects on the broader implications of the guilty verdict across the financial world. Additionally, listeners hear insights on personalized financial advice, emphasizing the importance of navigating their own financial wellness. The discussions also touch on the potential for future legal proceedings and the evolving perspectives of journalists on the case.