“LA Made” is a series exploring stories of bold Californian innovators and how they forever changed the lives of millions all over the world. Each season will unpack the untold and surprising stories behind some of the most exciting innovations that continue to influence our lives today. Season 2, “LA Made: The Barbie Tapes,” tells the backstory of the world’s most popular doll, Barbie. Barbie is a cultural icon but what do you really know about her? Hear Barbie's origin story from the peopl ...
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Insider Trading and Risk Society: Steven A. Cohen and David Hindawi
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Manage episode 300440376 series 2543152
Content provided by Zero Sum Empire and A Census of the Billionaire Class. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Zero Sum Empire and A Census of the Billionaire Class or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
We’re adopting a new episode naming strategy. We’re doing descriptive titles. Complaints will be stored in the cylindrical file! In the News: We discuss the recent outer space adventures of three people so impossibly wealthy that they each had vanity fleets of rocket ships built for them, seemingly to reaffirm their unshakeable sense that they were each earth’s main protagonist. Billionaire #1: Steven A. Cohen 8/10 on the David Koch Memorial Asset Liquidation Index Welcome to Flavortown! Steven A. Cohen is probably best known for owning the Mets, but a few years ago his firm SAC Capital Advisors was caught up in the biggest insider trading investigation in history. Hedge funds are machines designed to widen the wealth gap between the richest micron of elites and everybody else. They are also often criminal enterprises—organized ways to cheat the markets without getting caught. Steven A. Cohen was the all-time biggest cheat, but he never really suffered any consequences and now he just buys the world’s most expensive artworks and sports teams. He also reportedly paid Guy Fieri $100,000 to recreate an episode of Diners, Drive-ins, and Dives with him. Billionaire #2: David Hindawi 2/10 on the DKMALI David Hindawi is a ghost man who started a cybersecurity firm. His son seems like a very uncool boss. Joe takes us on a journey through cybersecurity, John McAfee, information infrastructure, risk society, Batman, and anxiety. I think the takeaway was that there are specific anxieties and fantasies associated with the information infrastructure we’ve erected around ourselves. We are all over the place here, but I think it was a fun conversation. Links: https://www.goodreads.com/book/show/25814289-dark-territory https://www.bloomberg.com/news/articles/2017-04-13/tanium-s-family-empire-is-in-crisis https://www.tripadvisor.com/Hotel_Review-g580328-d573907-Reviews-Daurada_Park-Cambrils_Baix_Camp_Costa_Dorada_Province_of_Tarragona_Catalonia.html https://www.thefiscaltimes.com/Columns/2012/03/05/Insider-Trading-How-Hedge-Funds-Look-for-an-Edge https://www.newyorker.com/magazine/2014/10/13/empire-edge https://www.newyorker.com/magazine/2017/01/16/when-the-feds-went-after-the-hedge-fund-legend-steven-a-cohen https://www.nickiswift.com/15287/shady-side-guy-fieri/ https://en.wikipedia.org/wiki/The_Physical_Impossibility_of_Death_in_the_Mind_of_Someone_Living
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33 episodes
MP3•Episode home
Manage episode 300440376 series 2543152
Content provided by Zero Sum Empire and A Census of the Billionaire Class. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Zero Sum Empire and A Census of the Billionaire Class or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
We’re adopting a new episode naming strategy. We’re doing descriptive titles. Complaints will be stored in the cylindrical file! In the News: We discuss the recent outer space adventures of three people so impossibly wealthy that they each had vanity fleets of rocket ships built for them, seemingly to reaffirm their unshakeable sense that they were each earth’s main protagonist. Billionaire #1: Steven A. Cohen 8/10 on the David Koch Memorial Asset Liquidation Index Welcome to Flavortown! Steven A. Cohen is probably best known for owning the Mets, but a few years ago his firm SAC Capital Advisors was caught up in the biggest insider trading investigation in history. Hedge funds are machines designed to widen the wealth gap between the richest micron of elites and everybody else. They are also often criminal enterprises—organized ways to cheat the markets without getting caught. Steven A. Cohen was the all-time biggest cheat, but he never really suffered any consequences and now he just buys the world’s most expensive artworks and sports teams. He also reportedly paid Guy Fieri $100,000 to recreate an episode of Diners, Drive-ins, and Dives with him. Billionaire #2: David Hindawi 2/10 on the DKMALI David Hindawi is a ghost man who started a cybersecurity firm. His son seems like a very uncool boss. Joe takes us on a journey through cybersecurity, John McAfee, information infrastructure, risk society, Batman, and anxiety. I think the takeaway was that there are specific anxieties and fantasies associated with the information infrastructure we’ve erected around ourselves. We are all over the place here, but I think it was a fun conversation. Links: https://www.goodreads.com/book/show/25814289-dark-territory https://www.bloomberg.com/news/articles/2017-04-13/tanium-s-family-empire-is-in-crisis https://www.tripadvisor.com/Hotel_Review-g580328-d573907-Reviews-Daurada_Park-Cambrils_Baix_Camp_Costa_Dorada_Province_of_Tarragona_Catalonia.html https://www.thefiscaltimes.com/Columns/2012/03/05/Insider-Trading-How-Hedge-Funds-Look-for-an-Edge https://www.newyorker.com/magazine/2014/10/13/empire-edge https://www.newyorker.com/magazine/2017/01/16/when-the-feds-went-after-the-hedge-fund-legend-steven-a-cohen https://www.nickiswift.com/15287/shady-side-guy-fieri/ https://en.wikipedia.org/wiki/The_Physical_Impossibility_of_Death_in_the_Mind_of_Someone_Living
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33 episodes
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