Against the Rules with Michael Lewis cover image

Against the Rules with Michael Lewis

Latest episodes

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5 snips
Aug 15, 2023 • 29min

On Background: The Political Spender America Deserves

During the 2022 election cycle, crypto mogul Sam Bankman-Fried gave as much as $40 million in political donations. That whopping sum caught the attention of campaign finance watchdogs, even before Bankman-Fried was arrested and charged with various financial crimes. Michael Lewis talks to Jordan Libowitz of the Campaign for Responsibility and Ethics in Washington (CREW) to understand the complex world of campaign finance law. And we hear why SBF, in confessing his dark-money deeds, may be a game changer. (NOTE: after this episode was recorded, federal prosecutors announced they were dropping a campaign finance charge against Bankman-Fried.) Go to atrpodcast.com to submit a question for Michael to answer in an upcoming episode.See omnystudio.com/listener for privacy information.
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9 snips
Jul 11, 2023 • 35min

On Background: Who Buys Distressed Assets?

Andy Mitchell could be called a "doctor for business." His firm, Lantern Asset Management, buys up businesses in immediate need of cash and willing to sell at bargain-basement prices. Michael Lewis calls up Mitchell to get the "distressed asset" angle on the company at the center of Lewis's next book: the now extremely distressed crypto exchange, FTX. But along the way, we hear about other businesses on the skids, including the maker of Twinkies, and the Weinstein Company. Head to atrpodcast.com and submit a question for Michael to answer in an upcoming episode.See omnystudio.com/listener for privacy information.
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5 snips
Jun 29, 2023 • 11min

Introducing Lost Hills: The Dark Prince

Sharing a preview of Lost Hills Season 3: The Dark Prince. Host Dana Goodyear takes a deep dive into the surf world to explore the legacy of Malibu's Dark Prince, Miki Dora. A surfer known for his style, grace and aggression, he ruled Malibu from the 1950s to the 1970s. Celebrated for his rebellious spirit, he was also a conman who led the FBI on a 7-year manhunt around the world. Hear it all at: https://apple.co/losthillsSee omnystudio.com/listener for privacy information.
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6 snips
Jun 13, 2023 • 34min

On Background: Effective Altruism Still Has Friends

One-time crypto-currency king Sam Bankman-Fried was a big proponent of a philosophical movement known as “effective altruism,” or EA. Advocates of EA say we should use data and reason to find the best ways of doing good. EA’s popularity grew as investors like Bankman-Fried used it to guide generous donations to causes. Micheal Lewis speaks with two college students who got involved in effective altruism through clubs at their universities. Gabriel Mukobi and aL Xin explain the philosophy behind effective altruism and what impact the rise and fall of Sam Bankman-Fried has had on the movement. Questions for Michael? Submit them by visiting atrpodcast.com.See omnystudio.com/listener for privacy information.
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14 snips
May 16, 2023 • 32min

On Background: Crypto Skeptic Proven Right

If you spend any time reporting on the world of crypto currency and Bitcoin, then you’re going to run across the name Molly White. She’s a software engineer who has been called "the cryptocurrency world's biggest critic." Michael Lewis gets her on the line for a lively conversation about why she spotted hucksterism and fraud early on in crypto's rise. Questions for Michael? Submit them by visiting atrpodcast.com. See omnystudio.com/listener for privacy information.
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17 snips
Apr 11, 2023 • 33min

On Background: A History of Bankruptcy in the US

Often when a corporation declares bankruptcy, that happens at the end of a long and difficult road. But entering bankruptcy proceedings also means setting out on a new and equally difficult road. That’s where Michael Lewis finds the subject of his next book, Sam Bankman-Fried. The company Bankman-Fried founded, FTX, entered bankruptcy late last year. For some perspective on what could be one of the messiest bankruptcy cases of recent times, Michael turns to David Skeel. Skeel is a professor of corporate law at the University of Pennsylvania and one of the foremost historians of bankruptcy in the US. Send a question to Michael Lewis, and he might answer it on an upcoming episode of Against the Rules. Head to atrpodcast.com.See omnystudio.com/listener for privacy information.
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23 snips
Mar 14, 2023 • 39min

On Background: White-Collar Crime and Punishment

Why do people commit white-collar crimes? And how has the way we think about — and prosecute — white-collar criminals changed over time? As part of the background research for his next book, which is about Sam Bankman-Fried and FTX, Michael Lewis wants the historical view of financial fraudsters, embezzlers and Ponzi schemers. So he speaks with Eugene Soltes, professor at the Harvard Business School and author of Why They Do It: Inside the Mind of the White-Collar Criminal. If you have a question for Michael Lewis about his writing process, head to atrpodcast.com.See omnystudio.com/listener for privacy information.
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37 snips
Feb 14, 2023 • 36min

On Background: Bad Actors on the Blockchain

For his next book, Michael Lewis wants to find out how investigators manage to trace the murky trail of illicit crypto. Cryptocurrency started with the dream of cash changing hands without a trace. But that dream has turned into a nightmare for many would-be criminals. A new field has emerged of data geeks and law-enforcement experts trying to find out who’s behind transactions on the blockchain. Michael calls up Andy Greenberg, senior cybersecurity writer for WIRED and author of “Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency” to find out how investigators crack the code of crypto.    Questions for Michael? Submit them by visiting atrpodcast.com. See omnystudio.com/listener for privacy information.
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Jan 31, 2023 • 3min

On Background from Against the Rules

Michael Lewis's next book is all about Sam Bankman-Fried, founder of the crypto-currency exchange FTX, who now faces federal charges. As with all of his books, Lewis is talking with experts to get background context on the world his characters inhabit. For the first time, these interviews will be recorded, on the record.In this special monthly series from Against the Rules, we'll hear Lewis in conversation with experts such as a tech wizard who traces secrets on the blockchain; a scholar of white-collar crime and punishment; a regulator who knows what crypto firms are – and aren’t – allowed to do with other people’s billions; and an insider who can follow the influence of crypto on campaign finance. “On Background” from Michael Lewis and Against the Rules drops monthly, starting February 14th, 2023.See omnystudio.com/listener for privacy information.
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15 snips
May 24, 2022 • 45min

Episode 7: The Person Who Knows

The United States had a pandemic plan. But when a pandemic came, we hesitated to follow it. The country was hobbled by argument and doubt. Much of that doubt came from experts who proposed that Covid might not be as lethal as scientists feared. Michael Lewis returns to the subject of his latest book, The Premonition, to understand why it's so hard to trust the truest signs of expertise: a willingness to follow the evidence. If you’d like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm.See omnystudio.com/listener for privacy information.

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