My accomplice Barry Ritholtz speaks to Michael Lewis, whose newest e book is “Going Infinite: The Rise and Fall of a New Tycoon,” on FTX founder Sam Bankman-Fried.
Lewis has been the topic of an enormous uproar on social media for the way in which his e book portrays SBF and the way in which he’s spoken about his topic throughout the promotion tour, particularly on ’60 Minutes’ final Sunday. Michael appears to have a mushy spot in his coronary heart for the boy surprise who turned out to be one of many largest monetary frauds in American historical past. I assume it’s onerous for Michael Lewis to make the flip from “This man’s a genius” to this “This man’s the brand new Madoff” after shadowing him for 3 years. He loves these outsider oddball characters and he apparently isn’t scathing sufficient within the aftermath of the crime’s discovery. I feel he got down to write one e book, wrote it, then the entire thing unraveled and he needed to modify what he had written. He in all probability ought to have modified the title of the e book in mild of how a lot larger the crime is than anything concerning the story. If it had been titled “Bahamas Ponzi Nerd Orgy”, he in all probability wouldn’t be getting this a lot criticism.
Anyway, take heed to the dialog and decide for your self. Or learn the e book, get it right here.
You possibly can take heed to the entire thing beneath: