31 Burst results for "Bernie Madoff"
Elevation Church Podcast
Deciding to Grow up Into Christ
"God says, win, will your then finally come? When will it be enough of you getting the same result from repeating the same behavior? When will your then come? The decision to grow up, the decision to come into communion with God. The decision to say lord, I want to put this brokenness in your hands. And then something pretty awesome happens. He said, that is not you the moment you make a decision, then I'm growing up. Then that no longer has control over you. That. That it would get real uncomfortable if I started listing specific that's in the room. Because the categories don't really don't really make you cringe. Impurity, creed, lost. Oh yeah, I watched that Bernie Madoff documentary greed. How about me always want more and never given much? How about me always thinking somebody needs to encourage me, but who am I encouraging? See, see how this works. That is not me. And I'm going to do a list next week that I'll give you. Where I'm going to teach you the new me is not, and we're going to list some of the things that you are not anymore if you name the name of Christ. And we're going to wage war against those things. Because we've been accepting them too long as normal. Just because it's natural doesn't mean it's normal. Watch this. That is not the way of life you learned when you heard about Christ. When you heard about Christ. And so faith comes by hearing, right? How many know that scripts your faith comes by hearing hearing the word of God? Faith comes by hearing, but freedom comes by habit. That's why it is possible for you to know more about God than you are bringing into your current experience.
Bloomberg Radio New York
"bernie madoff" Discussed on Bloomberg Radio New York
"In it. So how about we just ban it? Well, that's not going to happen. And we've got to remember that this is more than just about crypto. It is about the blockchain technology that underlies that. And that is going to be transformative for the financial services, but also healthcare, you name it. I mean, my background's in construction and housing. You look at what you're going to be able to do in that field with blockchain technology. It's all very exciting, but this which appears to have all the hallmarks of enron and Bernie Madoff blended together named Sam bankman freed. That is putting a very different spin on what the conversation has been here in Washington. Congressman, how do you view the timing of the arrest given the planned meeting this morning on Capitol Hill? Well, I would assume, well, I'd certainly let's hope that gensler's revised calendar release yesterday had nothing to do with that. But I have been talking to a number of my colleagues who are former prosecutors who are saying, well, wait a minute. If you're giving a witness or a potential potential Mark, an opportunity to come in under oath spend four hours just freewheeling conversation with Congress where they might just end up perjuring themselves. Why would you not give them that opportunity? So it's got a lot of just kind of question marks around that about the timing. I'm welcome his arrest. What I don't understand is why it wasn't a week ago or a week from now. Why did it have to be yesterday or last evening? What do you think would have been accomplished? And what do you want to be accomplished at today's meeting? Yeah. Well, of course, as you know, we're having the new interim CEO, ray is coming in. And I would have wanted to hear his answer, the conversation that I was going to have was going to be surrounding FTX dot com. The separation between U.S. as well as international funds and was their commingling of that illegally potentially if there was U.S. dollars getting put into those international funds like that. I wanted to hear from both of them what their take was and whether there was any evidence of that because I want to protect U.S. consumers and I want to protect U.S. taxpayers as well because there's obviously been some questions for we got to bail it out, which can't happen. I mean, people have been looking for the secretary of treasury whether it's Yellen or before. I mean, you know, this stretches back a number of years in administration's congressman, but you got to believe at some point we decided if Bitcoin and all that is an asset, is it blot able? Can you audit it and can it provide text advantage when it has a huge gain to the IRS and such? Are we at that point right now where we need to codify Bitcoin to be an IRS item? Well, there is not consensus of that yet. Agreed. And look, you've got some arguing it's commodity, some arguing it's a security. You know, we like things to be either fish or foul here in Washington, D.C., and it turns out this is a platypus, right? It's got hallmarks of both. And we have not reached that consensus. Clearly, gensler, chair gensler, believes
a16z
"bernie madoff" Discussed on a16z
"So Brian has been a crazy couple of weeks with FTX FTX collapses, SPF for those of us who actually followed it, is emerging as a super Bernie Madoff type character. And you unusually for you because you're not a spotlight type of guy. You're more of a behind the scenes type of guy. He's been on TV and taking a leadership role in trying to explain to the world what this means. So what does this mean for the crypto industry? Yeah. Well, I think we were all pretty shocked to see the scope of the fraud that happened at FTX. And let's call it a fraud. We have to call it what it actually is. It's been pretty bizarre that mainstream media hasn't really come out and said this guy's a criminal. Maybe they want to wait until he's actually indicted or something like that. And in custody, but it seems very clear at this point that that's the case. And we have to kind of come to terms as an industry with the fact that I think our industry is kind of attracting our disproportionate share of fraudsters and scammers. And that's really unfortunate. It doesn't mean that that's representative of the whole industry. There's a bunch of people here in the audience as one example and coinbase is another example of the hard work that's being done to legitimize this industry and build it. We want to bring the potential of this technology to people all over the world. And we're not going to cut any corners. We're not here to make a quick buck. We're in it for bigger ideals. Freedom and decentralization. And the power that bringing good financial infrastructure can be for everybody around the world. So that's been part of my job is to get out there and I don't normally like doing TV very much. I like building cool stuff with the team. But in this moment, it's important for me to get out there and say, look, there's a whole industry that's very different than what was happening with FTX. Coinbase is based right here in the U.S.. We're a public company. You can go read our financial statements. They're audited by a third party. You don't have to trust us. All the customer funds are segregated.
CoinDesk Podcast Network
Assessing Crypto's Challenges Past and Present With Jesse Powell
"How have what we've seen transpire in 2020 two compared to some of the challenges or moments that people thought were kind of existential crises in Bitcoin or crypto has passed. Yeah, well this is the biggest blow up in crypto history for sure in terms of the dollar amount and I think the number of people affected mount gox when it blew up in 2014. It was about $400 million and I think they're only about 20,000 something creditors that actually filed claims there. But that case is still ongoing. People still yet to get their money back. So that wound is still open and definitely another major blow for the industry. Not so much because FTX was critical infrastructure or anything. I think mount gox was much more critical back in 2014 than FTX was today by a long shot, but politicians have been looking for an excuse to hassle us in the crypto industry. And unfortunately, here we are the victims and this blow up is somehow going to be pinned on us and be used as a lever to kind of squeeze more juice out of the crypto orange. Unfortunately, and we're going to have to fight with everything we can to make sure that the narrative stays on point, which is that FTX was a scam a Ponzi, not unlike Bernie Madoff, not unlike theranos, you know, just like Bernie Madoff was not an indictment of the stock market or equities and theranos was not an indictment of the medical profession. FTX is not an indictment of crypto whatsoever. We just happen to be the victims in this case. He could have used anything and I hope that we all stay on message with that and make sure that this doesn't get used as an excuse to shut us down.
The Mason Minute
Murder-Suicide (MM #3989)
"The NASA minute. With Kevin mason. I spend a lot of my free time just reading the news online. But I've noticed recently a lot more news stories about murder suicides. And that got me to thinking, huh, I wonder if there are any statistics. I was wondering if it was a worse problem now, and I don't mean post pandemic. I just mean in our modern society than it was, say, ten, 20, 30 years ago, just what yesterday day before, I saw that famed fraud convict, Bernie Madoff's sister, and her husband died of a suspected murder suicide. We had a story here locally, a week or two ago, maybe about a family, two children, both parents, dead murder suicide. I see them all the time now. And maybe it's just my mind thinking all the time now. On average, they suspect about a thousand to 1500 murder suicides here in America every year, and the percentage of these suicide portion of that is only about 2% of the annual suicides are involved in murder suicide plots. Is this getting worse? Is it about the same? I think at this point, we really don't know. And that's very scary, because I don't understand the concept, nor the motivation.
The Mason Minute
Murder-Suicide (MM #3989)
"The NASA minute. With Kevin mason. I spend a lot of my free time just reading the news online. But I've noticed recently a lot more news stories about murder suicides. And that got me to thinking, huh, I wonder if there are any statistics. I was wondering if it was a worse problem now, and I don't mean post pandemic. I just mean in our modern society than it was, say, ten, 20, 30 years ago, just what yesterday day before, I saw that famed fraud convict, Bernie Madoff's sister, and her husband died of a suspected murder suicide. We had a story here locally, a week or two ago, maybe about a family, two children, both parents, dead murder suicide. I see them all the time now. And maybe it's just my mind thinking all the time now. On average, they suspect about a thousand to 1500 murder suicides here in America every year, and the percentage of these suicide portion of that is only about 2% of the annual suicides are involved in murder suicide plots. Is this getting worse? Is it about the same? I think at this point, we really don't know. And that's very scary, because I don't understand the concept, nor the motivation.
The Mason Minute
Murder-Suicide (MM #3989)
"The NASA minute. With Kevin mason. I spend a lot of my free time just reading the news online. But I've noticed recently a lot more news stories about murder suicides. And that got me to thinking, huh, I wonder if there are any statistics. I was wondering if it was a worse problem now, and I don't mean post pandemic. I just mean in our modern society than it was, say, ten, 20, 30 years ago, just what yesterday day before, I saw that famed fraud convict, Bernie Madoff's sister, and her husband died of a suspected murder suicide. We had a story here locally, a week or two ago, maybe about a family, two children, both parents, dead murder suicide. I see them all the time now. And maybe it's just my mind thinking all the time now. On average, they suspect about a thousand to 1500 murder suicides here in America every year, and the percentage of these suicide portion of that is only about 2% of the annual suicides are involved in murder suicide plots. Is this getting worse? Is it about the same? I think at this point, we really don't know. And that's very scary, because I don't understand the concept, nor the motivation.
WTOP
"bernie madoff" Discussed on WTOP
"70 are high and then winter comes roaring back on Thursday with a mix of rain and snow becoming all rain by new but a much colder day Heinz only 35 to 40 Down to 25 in Frederick right now it is 25 at BWI Marshall and Bruce and Joan we've dropped down to 32 at reichen national And we're showing 27° now on friendship heights Mike brought to you by Len the plumber trusted same day service 7 days a week It's now 7 21 while a fairfax county police recruit has died a few hours after his wife also died And now the police chief has ordered an internal investigation into whether they should have done more Fairfax county police were called Saturday night to a home in Mount Vernon a woman the wife of a police recruit had apparently shot herself officers also saw other guns in the home Several hours later the recruit called 9-1-1 and asked officers to return they found the recruit had apparently shot and killed himself police chief Kevin Davis has ordered an internal investigation into how responding officers handled the situation and whether the gun should have been removed under Virginia's red flag law Fairfax county police were expected to provide more information later today Neolog can stain wt news The sister of infamous Ponzi scheme at Bernie Madoff and her husband have been found dead in their apparent murder suicide Police in Boynton Beach Florida found their bodies after a 9-1-1 call regarding Sandra and Marvin Weiner Back in 2010 a lawsuit was filed against the couple alleging the wieners had received $1 million 715,000 from victims of Bernie Madoff's scheme The documents also say that Sandra wiener had enjoyed special privileges and profited for decades from the Ponzi scheme because she was Bernie Madoff's sister The couple was said to have lost millions and was the leading factor behind their move to Boynton Beach after selling their Palm Beach Gardens home for a more than $75,000 loss according to Palm Beach county property records WPC TV reporter Lima sauls bank reporting If you or someone you know needs help you're welcome to call the national suicide prevention lifeline at one 802 7 three 82 55 Baltimore state's attorney Marilyn Mosby wants a federal judge to throw out the criminal charges against her using a long shot argument In a federal court filing her lawyers say that the charges were motivated by prosecutorial vindictiveness on the part of U.S. attorney Eric Barron and assisting U.S. attorney Leo wise Her lawyers say the pair have been on a crusade to ruin her political career Mosby has been charged with two counts of perjury and two counts of making false statements on loan applications to buy two homes in Florida The 2022 Olympics in Beijing have officially come to a close and they may not be remembered all that fondly These games will likely be most remembered by two things The restrictive but successful COVID bubble and the embarrassing doping scandal surrounding Russia's Camila Veeva The head of the U.S. Olympic and Paralympic committee Sarah hirschman told us the whole mess quote ticked her off You know those in an entourage those who may be responsible for enabling or in fact the doping itself need to be held to a very very high standard and held accountable when things are not right CBS News correspondent Jamie yucas reporting the U.S. finished the games with 25 medals including 8 gold It's 6 24 Offer deadline on oak street final three Welcome to the housing market I'm with Redfin and I'm here to help I need to sell my house Great Rhett's in charge is a 1% listing fee when you buy and sell with us which is more than half.
Money Rehab with Nicole Lapin
"bernie madoff" Discussed on Money Rehab with Nicole Lapin
"Charlamagne the God here and you don't want to miss hello somebody was senator Nina Turner. On the black effect podcast network. I love hello somebody, simply because I love Nina Turner. She's fearless. I'm Nina Turner. Hell raisin humanitarian sister in the struggle and recover and elected official. Listen to hello somebody every Thursday on the I heart radio app. Apple podcast or whatever you get your podcast. A single mother brutally murdered in her own home. This was a headline grabbing homicide. One of her daughters, IDs, the suspect. The accused killer sent to prison. And of story, right? Not even close. If you could ask anything, what would you ask him? He's a real killer. Listen to the real killer every Thursday on the iHeartRadio app, Apple podcasts, or wherever you get your podcasts. Hey guys, are you ready for some money rehab? Wall Street has been completely upended by an unlikely player GameStop. And should I have a 401k because then I have to do it? No, I know. You and your money. Well, it doesn't. Like a charge for wasting our time. I will take a check. You recognize her from anchoring on CNN, CNBC, and Bloomberg. The only financial expert you don't need a dictionary to understand. The cold lappin. Today we have our second hashtag TBT episode. Our first was an episode on the 2008 sub prime mortgage crisis that we aired a few weeks ago. As I mentioned in that episode, one of the goals of this show is to break down the headlines. And yes, we do unpack headlines that are in the current news cycle, but I also think it's really important to dissect the hot button topics from our past, especially when those hot button topics are historical moments that financially crushed innocent people like you and me. It is true that the only way to protect yourself from repeating history is to understand it so that you can make different choices in the future. So today we're going to be focusing on Bernie Madoff. His story is worth knowing because it's the biggest investing horror story in history. And because I'm encouraging you to do more investing, I want to make sure you do it the right way with your wits about you. As you probably know, Madoff is responsible for running the largest Ponzi scheme in history. With an estimated $65 billion worth of fraud. That is a massive number. For context, there are 118 countries who calculate a national gross domestic product of less than $65 billion. The obvious question is, how the hell did this guy pull it off? Madoff operated a hugely popular and famous investment company made off investments securities, LLC that owned and operated investment funds. Madoff told his clients that he was investing their money. But the shocking truth is that no securities were bought or sold. It was a textbook Ponzi scheme. When his clients wanted to take their returns out of their accounts, made off and his team would give the clients money. And the clients thought the mummy was profit from their investments. But it was not. The money that made off gave clients was just cash that newer clients had put into the fund to be invested. In other words, clients were getting paid only in money that came from newer clients as contributions to the fund. Again, textbook Ponzi scheme. In the Madoff mass, there was one man, Harry markopoulos, who was the main whistleblower. He submitted a research brief to the SEC, where he outlined 29 red flags he had identified with Madoff's company. In the brief, he said that he was worried that sharing his research would put the safety of himself and his family at risk. But then alerting the SEC was, quote, the right thing to do. One of the biggest red flags was that the ROIs Madoff was reporting were straight up impossible. For example, Madoff would say things like he was investing in one particular industry and that he got large returns. But Markov bliss crunched the numbers and found that the industry made off had claimed to invest in hadn't actually yielded strong returns. It just didn't add up. Another red flag marcopoli raised was that there was a lot of secrecy around how Madoff was investing. Mark hoppus made the connection that Madoff was touting a track record that would make him a better stock picker than the MVP himself, Warren Buffett. Marcopoulos was suspicious of the fact that Madoff was extremely tight lipped about who exactly was making the investments for clients and what the strategy was. Marco is thought, if Madoff really is better than Buffett, wouldn't he want the credit? When the SEC finally got around to investigating and Madoff was arrested, it was then made off not marcopoulos who feared for his life. In fact, Madoff wore a bulletproof vest to court. For his actions made up with sentence to a 150 years in prison and was ordered to forfeit $171 billion including all of his personal property and assets, like real estate investments and boats. Getting into Madoff's psychology is complicated to say the least. It's hard to understand why he would orchestrate this fraud, because, frankly, it doesn't seem that Madoff needed to fool anyone. By all accounts Madoff was a very smart, successful and well respected investor. He accomplished many legitimate, important contributions to the investing world. He was one of the first people to create a computerized program for investing. He was an early developer in NASDAQ. And later, even became the chairman of NASDAQ. In my mind, it seems that Madoff had all the tools and capability to run a successful legitimate fund and yet he turned into a complete fraud. But.
AXE TO GRIND PODCAST
"bernie madoff" Discussed on AXE TO GRIND PODCAST
"Think you remember this from thirteen years. That's the part that's a part of fuzzy on my head. My head f. is in the span. And i'm not looking at her out but i should look. Let me see who pull up some information. Do these exist on fiscal there. Yes yes so. We're gonna have to us okay. I've got the ep. Let's hey google. This guy's bob's big while you guys were talking. I was googling the pegasus so we pull this so let me see. If there's even any information about it on here discography no not really okay. Yeah so so. Nixon haroon in arthur play. Guitar skates plays bass. Dfa trump's that makes sense to me. So okay yes. Supergroup mental mental right to choose from mental three two three dudes from called world case was in both and arthur who was in war hungary and has produced every so. This is a band who it's like. Damn which there was more material because it would have been called to see more but also sometimes it's and shit just exist like this. Is it these three songs. These five songs you know this is it and this one stands out a little bit from the time because there wasn't much else that sounded like this and now it's art now. I believe we're getting into foundation. The hang your head record and there was a couple splits around this time. Meantime what's evidence to But i think it's all collected on the hang your head like digital version so foundation. Had what are you guys. Start in go in on this. Sure at. This has some of the hits. I think it's like the beginning of like you know each each release that they came out with after scott exponentially better. There's probably a hangar. Had hit behead heartless was a big hit But i think you know this was them. I if feels like they were relative..
AXE TO GRIND PODCAST
"bernie madoff" Discussed on AXE TO GRIND PODCAST
"You can really hurt someone to later mail stuff but it's it's like if you're playing a pug fast. Play thailand south. Where are you at on nails. Patrick this is the record. I like best interesting. Okay what gets you. This is the one with the with the one really long kind of lurching song at the end right. Ooh white was originally the white. Yes sir yeah. So so. I would have. I know everybody likes nails for how fucking like. Just meant manically fucking intense. It is and all that. But i'm pretty sure this the record with the At least one slow longer song that i wish nails had become interested. Yeah i think this is a funny place to look at nelson's where they have gone and then to see like a very girthy discography. You know all right not so girthy discography the band gypsy with the relatively distant slash skeleton parade single. This is alex from cold world. Right dave foster some other eastern pennsylvania locals legends right now from i remember i remember when this first came out and correct me if i'm wrong. Weren't there like there. Were two kind of co world side projects. It was pegasus again. Gypsy straight up leeway very much leeway but i gypsy was more jaw bring but i thought and this doesn't sound like jobber girls know you really. This reminds me a kill holiday. This did not. I was expecting a straight up breaker band. This does not sound like no right. Pat am i right like then you remember. Tell doing that's how it was told to me. Yeah i feel like i've heard is this. There's got to be more material out there. That sounds like drugmaker. 'cause i didn't make that out. This sounds a lot like jobber to me. A totally totally. Doesn't i when i listen to this. This one i listen to intensely. And i thought it sounded like some of the like demo ear like lo fi job breaker. He stuff like. I think it was going for that. I don't know if you guys are..
AXE TO GRIND PODCAST
"bernie madoff" Discussed on AXE TO GRIND PODCAST
"One's good they start to this one. I remembered it being kind of like they're going for a little bit more rock elements because they were trying to figure out what to do with the sound how to expand it. I think they nail it on certain songs but then there's other songs that a little bit washed on overall. I think it's a good record. One of the. This is my favorite. Bob wilson band and i do i. I can't i clearly have a bias towards the epa's ap's a great. But this is good. And i think they are doing something different. The sound and live at this time. They were just like they're really going hard. And i think you know when they would go toward there were great I happen to see them at some point. Not too long after this. Maybe twenty ten in san antonio and they played in front. It was one of those big tours. Where i think they might have been on tour with agnostic front and they just happened to play a a weekday show in a city where the people are gonna show open. Agnostic front played fifteen. And i was just not audibly but visibly heckling bob from the stage and he took it like a champ so shutout. Patrick did you. Revisit did i. This is probably yeah. This is probably fair. Bob wilson. But i still don't like it i don't know if i'm the wrong age or some shit doesn't hit me. I don't know why that's it. I don't like i don't even have like a real criticism here. So so here's we might need to say what separates this ban from the rest. This is why we gotta hit two thousand nine because there's a lot of this stuff that's like there's a little bit so mother mercy. Here's the thing it's similar in tempo to a lot of other stuff that's going on where it's like it's fast but it never gets blazing fast. It's mid tempo. Mostly yes what they do. A little differently is there's a little bit more a little more rockin. But not in the hope conway a little bit more in the riff away like bigger. Riffs thicker riffs. If that makes any sense they do it successfully without it being even a touch corny here but the tracks from the ep. Hit me harder than maybe everything. But one or two songs off this alpay right. And that's how we'll try to differentiate stuff as we go through is like what makes this different next one up. Tom do you have anything on mom you said. This is your favorite. Bob wilson right. Yeah yeah i mean. I think this other stuff but the lp's are all all good in their own way. You know what i mean. I think they're cool voice. Yeah and i really set them apart like the production with his voice on this record. Yeah yeah yeah. Kuban cool did cool stuff. Tom kick us off on nails obscene humanity. First nails record did not realize why is that not on my list here on streaming.
AXE TO GRIND PODCAST
"bernie madoff" Discussed on AXE TO GRIND PODCAST
"And no matter what you're listening to you can do the hands free thing with with alexa alexa. That's tough but but most people who have that little thing in their house the alexa they can hands-free with alexa. Yeah and if you're like me and you want your music on demand and at free. I do you have to try amazon music. Unlimited that gives you unlimited access to over seventy five million songs as wells podcast music videos and a lot more. So you're telling me with amazon music unlimited you can listen to any song anywhere off with unlimited skips. Yeah i would say Because and i use it for a podcast primarily People are always interested Weirdly.
AXE TO GRIND PODCAST
"bernie madoff" Discussed on AXE TO GRIND PODCAST
"Oh shit i actually don't know this record mashiur stuff from both. Obviously but. But i couldn't speak to this record specifically actually. I've still got my playlist. Only twenty four hours by the way still. I don't know you must have deleted some stuff. He was heavy if you bought for blood. If you like kind of heavy heavy but with boston yeah and with with a With enough speed. You know what i mean. It's not it's not fast at all but it's not. It's not the tuned down thud thud. No no no no. It's nine hal. Blood for blood had kind of street. Punk vibe yeah. I feel like that here on a has a little bit of it. It's just a little bit more straightforward hardcore like barker. Yes if if you like the first death threat. Lp you like the first blood for blood lp probably would like this Absolutely so paint it black. Did a seven inch bridgman called amnesia. They also didn't lp that. I think even on jade tree called surrender. I think i did. Listen to this guys. Do either of you get a chance to listen to the payback material. I did want to like it a lot more than i do. Also this record on fat records actually so maybe seven seventy was to seven actually beside from aside from a single uppercut song can we think of l. and maybe a coalesce coal less. Yes thank you can cash. I think i might have been having a stroke earlier. Have been struggling with very basic wordsley. You miss you. Miss arc can we. Can we think of too many band or too many songs or bands push-back on kind of you know maybe maybe maybe political acts or maybe agenda bans like oh You could say chokehold right because chokehold took issue with. I don't know what your questions with an earth crisis song right. What i'm saying is painted black makes me want to do the opposite of whatever paint it black is asking to do. I want to say slurs and a call of duty lobby and drive drunk when i listened to paint it black. I hate paint it black. I everything about it on a level. That i can't even i whatever they tell me to do if they're like. Hey guys stop waging war overseas. I'm like hey. How do i vote for that. I i have no idea what it is and respectfully this band i have i have a i can say what's up to one of the members. I don't know any of the other members. I'm not i'm not. I'm not trying to disrespect anybody. I'm sure that these were all like very sincere efforts that they put work into and many many more people like their band than like my bands. I'm just saying i it. It inspires the opposite in me. Whatever it is. I can't i can't I.
AXE TO GRIND PODCAST
"bernie madoff" Discussed on AXE TO GRIND PODCAST
"There weren't a lot of bands who were doing it with the same level of focus. How tight they were and how how much energy they put out on stage. You know what. I mean like very there were very precise band. Yes so also pointed out that clinton is not making bombs. It was a joke. He's very smart and he does like shit that i don't understand. He's he's like splitting the atom and map in the human genome. An incredible clarify would really be. I don't want you to think like. He's like star wars toys on his desk at work. I mean i've seen big bang theory so it's probably some on could have been this record. Never never did it for me. American violence is better. It's better because there's more concise but there are people love this the better but those are good And this is the record that i think opened the door for them to go to the the bigger world and they did they did and it just it just didn't totally land and it's i think it was. What have you said. They landed between two world and you're dead on. That's what happened now. You're bob gave us the wrap it up beside go. No no because you know. I mean we keep talking on this in comparison to the next talk about which is blacklisted. No deserves yes. This record to me is a response to the success of heaven and it is a fucking weird record. I want to say this. I think it's very anxious sounding record. It's tense it's terse it's awkward. It's very philadelphia but in a lotta ways it's very brilliant to and it's very unique. It is very interesting. And it's essentially to me when i listened to it now. This is not like some anything. this is just me. When i listened to these two records it feels like going. Okay well now. What do we do and saying. Well i don't want to write a sequel. I want to do something different. That still has some of the elements that we loved and you can find elements of blacklisted from peace on earth were on stage and heavier than heaven on this record. Absolutely staint saint banned. Same primary songwriters. i think. Same lineup all these records to. But they're really pushing it and it feels really raw an open and honest a lot like the record before but just coming at it from a different angle. I don't need these. These stupid.
AXE TO GRIND PODCAST
"bernie madoff" Discussed on AXE TO GRIND PODCAST
"That this is a band that like they're too good ever not be at least listenable like the jump. Diesels don't jump out to me like other song. That's what i'm saying like like they're so good. That looks like this could be like background music while you're doing something and you won't be like alternative crap off. I listened to it in that context. And there's there's actually parts where you stop and go that's lit but the songs themselves. I don't think come together in that way. That might have made a lot of the earlier. Hope conspiracy stuff kind of just pop particularly in a live senate right this regular. They're evolving their sound. Hope calm i think we did our hope conspiracy deep dive. If you want a lot on this. Listen to that on revisiting for this. I just think they should have done an l. p. At this time. I would have been curious to see what they would have done. Because i think they get more fully formed when they go. Lp the start something but like to what right. Exactly like there's there's a there's a little bit of a completion and it's it's like. Oh and i've i've heard rumblings that hope conspiracy like we could hope conspiracy record in the next two years or we could get one never again. You know what i mean like. They're they're still a band who thinks of themselves as not like broken up. Yeah like they haven't played they haven't released any music. Maybe the are you know. Maybe they will. So that's that's an interesting note there. Okay all right. Let's see hope. Contra anaylyst oh here this is now. We're getting into. Let me skip this one. And then we'll get into this lewd acts black eye blues. This record means a lot to some people today when the hottest thing for a year l. Let's talk about. Let's talk about it and it was like you gotta see them. The singer throws himself through tables. Instead it's fucking like bonkers it's like hoax but real. Yeah this is my internet. Trauma is is that like four things that were exploring today. Were all touted. As the thing that that i had to be aware of that i had to get into and i think four out of four. They didn't last. they didn't last twenty two thousands. You know what. I mean so. They burned out very quickly. Yes so yes this i'll be on. I was ready to go into this record with a very open heart. Because i had disregarded it for no reason other than it's a. It's a singer who who gets wild Right so so. I disregarded it at the time and i wanted to enter it now with an open mind. This didn't really connect with me. I particularly. We're to visit other stuff today. That i thought went for.
AXE TO GRIND PODCAST
"bernie madoff" Discussed on AXE TO GRIND PODCAST
"When you get that and bands it can often lead to really unique meshing. 's and i think that's where you're going to keep this record. I just wish it was. I like pulling teeth goes faster. There's just a little more mid tempo stuff here. So but yeah. I think mortar immortal is still that go to for them for sure internal affairs evil egyptian seven inch. I think this is the last internal affairs record. What isn't evil egyptian. I couldn't read. And i thought it's said evil scriptures a chip that sounds weird it's outta be scriptures. The evil gypsum thing. Because in my head. I can plug in all this fun and back backstory but the artwork works with the egyptians. Did they get the organ go. Yeah he will. Gypsies man fell campus. So so internal affairs sonically. Never never really my bag but i think this recording actually captures the best. Some of their other recordings. The drum sound is a little off for me for stuff but like to be really fair to this band joe. It's completely understated. How important this ban was southern california. They brought back pretty much. The the you know a corey williams sang in the band. I think he might have been primary songwriter. He wanted to do a fast band. He wanted to a fast man with mosh parts. That was no bullshit that was cool. L. a. band wasn't going to let the energy that happened when carry on broke up. You're so like we're talking about hardcourts you those nine caroline broke up in two thousand one to you too. Yeah like joe. I think it might have been a would like functionally. I'm not sure but but like joe. This is our last record actually. They didn't ep deadly visions. Before this i think is also like if you're going to start with those are the ones the casualty of the core and their demo. Like hit really big but sonically. They're in a much better space here. And i think it sounds go. Yeah yeah so so. This is voice. Sounds a little bit better produced on this. Do yeah i agree. I agree and you know what's funny is. I wanted coriolis internal affairs and he. He likes fast hardcore he likes. He likes all sorts. Obviously but but it would have been interesting to hear him do a heavier band with his vocal style. So i don't know what do you think bob so like. I'm terrible at this. And i've realized after listening to you know doing the platelets. I'm listening through mike. I can never figure out who wait. What someone's going for unless it's like it plays in my color blindness. I guess because unless it's like super on the nose. And i'm like that's a strife part What what was. I mean. They weren't la ban going for like new york hardcore vibe right well. Well that's how i listened to it. Joe kelley band. That's handled like them. No they because they wanted to do i think..
AXE TO GRIND PODCAST
"bernie madoff" Discussed on AXE TO GRIND PODCAST
"Like it's completely inoffensive. It it's cleaner than most stuff that from a faster or punk perspective than i would like. But it's actually pretty good. Which is where we're going to end up and we won't. We will just pretty good everything guys but you know a fair amount of this. I'm pretty good in. Yeah well in. The hard part is revisiting narrows is tough. Because i'm going to revisit on a like academic level just to see if there's anything else there. I wonder if this is a band. Who at the time suffered from their listed as ex-members ex-members ex-members supergroup feeling. But i just didn't have any interest in it. You know and i think that yeah right. All the bands they were coming weren't my thing unbroken. You're not going to new botch ban. Why would the fuck would you care right right. No that's no slight to motoo. You just kind of like to do and and even on broken. I'm not joe and broken either. So yeah but but it was. It was it was interesting enough. That like okay. You know it wasn't. I didn't wasn't bummed out on it. Sure our end of year self-titled savage. This is the first end of year seven inch on death. Wish i trash. School is how i remember well. Pk with cracking voice. In his non double. Yeah i like it. I'll be honest. I did not listen It's probably fine. It's fine it's fine. We can't we'll save the talk on this seventh for a bonus thing on the patron. We'll talk about the story that leads to end of year signing to death. Wish that'd be property howard conan writer. These these are all. If i remember i'd have to look at the. I think these are all fantasy writers or illustrators. Who suicide gray moro. Walter miller junior and robert howard. Yeah these are these are all. Fantasy writers are others everybody authors illustrators who suicidal themselves people who are fans of this era of end of year. We'll certainly like these songs like sincerely. You'll like this record pulling teeth paranoid. Delusions paradise illusions. Low key aband- who really mattered at the time. And i feel and you guys correctly wrong. By twenty fourteen people scratching their head going who and then they had a they did. Reunion was pretty big. Oh yeah. I think. I think the people who cared about this man didn't stop caring about them. It just stopped being ever present if that makes sense sure. Yeah so. I think. I think i'm remembering this correctly. Did you guys find it. Frustrating with these two thousand nine records that every every single fucking heavy band wanted to give you a straight minute of feedback before going into a song reason. So fucking frustrating man. I had twelve hours. What are you doing. I'm i'm factored in these commercials dom you don't want the sonic youth fantasy get to it. Well this is. I've heard feedback. Skip it so this. My go-to for pulling teeth is mortar. Immortal which things. That's the that's the big record that the i think they did record before that again. That's also very good people like integrity. Check this out for sure. Yes smart lyrics so the interesting thing about pulling teeth always to me was dumb having a metal some punk and heavy integrity influence in his music and then mike riley the singer whose definitely more from the punk hardcore side of things so it just gave this kind of.
AXE TO GRIND PODCAST
"bernie madoff" Discussed on AXE TO GRIND PODCAST
"The patch in our friends at manscaping to here to make sure you don't carve your pants pumpkins when you grooming if you know what i'm saying make sure you're keeping things fresh fall with the leaders in male grooming in their brand new fourth-generation performance package boys get ready for a cuffing season like no other ready to take the leap into fall. Landscaped joined the two million men worldwide using landscape by going to manscaping dot com for twenty percent off plus free shipping with the code ax to grind. Spell it out. So tom patrick. I don't know if i've ever told you the story. But there was a time not long ago when i was you know getting down to the business cleaning things up. Sure in things went wrong much like a new york hardcore song. We all know that has thankfully changed. Now that i've started using manscaping well that makes because of their fourth generation trimmer features cutting edge ceramic blade to reduce grooming accidents. Thanks to the advance skin safe technology. It also gives you the ability to turn the four thousand.
AXE TO GRIND PODCAST
"bernie madoff" Discussed on AXE TO GRIND PODCAST
"In that rosenthal today only brazzaville may have been recording. All that would sense that okay. Justice may have been in the days. It's maybe i don't know it wasn't completely one or the other was very likely have been rumored but might have to get a on the line to ask a shoutout to shut up a great mongo. Oh one of my favorites in jersey one hundred percent church like this is one of those things like. I wanna do a whole thing on here where we talk about great venues. We'll do that episode really soon. So somebody else doesn't like the not yeah. Cbgb's yup yup abc norio yup gilman street. Yeah yeah yeah but there's all these venues over time. That did apache shows like felton church. Probably only did shows for three years. Maybe maybe four. Max are fix. It was a really perfect size rain. There the train to walk from the train from writing from philly. You could take the train from your easy driving. Yeah it was a good good venue. Sound was nothing to speak of but it wasn't bad. Well you know it though. That's the thing right like if it's not bad at a diy venue got five. Hundred percent is rich bad. It's you know it's a diy All right so then i was. I graduated college in two thousand eight. Move back east was living in albany back and forth the boston a little bit book down. Fury no real job speak of in two thousand eight. Financial crisis was real. Like i believe. I was just selling my belongings to pay rent and car insurance and student loans which was which was affordable. Which would you could do in albany like why nobody was a choice of. So i moved back east and was at my mom's spot for ten days and i love my mother like crazy but i haven't lived with my parents since i was nineteen. Yeah you know. My dad had passover and it wasn't wasn't like my mom was trying to like harp on me or anything i could. I could probably go stay there for longer now. But i was like. I've been a grownup living on my own for a long time so i think pats had had an open roman was just like oh. It's three hundred dollars a month. Sure so describe the living situation. Living with patrick hanlin. Whoever else paul thousand nine zero all right so the van that he sleeps them. No no no. He's wrong with sparse similar to the room. You have now patrick. Is that right. Yeah just not allowed shit. Not a lotta shit. Which is good vibe..
Christopher Lochhead Follow Your Different™
"bernie madoff" Discussed on Christopher Lochhead Follow Your Different™
"So that's that's sort of like a little bit more to the right. That's outright lying. So yeah you start off with like the the the fake o. Meter is basically like You start off with innocent fibs tall tales or little white lies. Like if i ask you how are you today. And you say you're fine but actually you're not and you don't really want to get into it but you're not hurting anybody Power posing is another is another form of sort of acting as if which is to help. You boost your own confidence. You're not hurting anyone. You're not doing it anyone's expense but where you crossed the line is again. Where your blatantly. Like lying in exaggerating reality and so for an entrepreneur. Who's exaggerating what his technology can do to the c. to get funding as a no no or minimizing The extent of the gravity of a problem kind of starts to move a little bit further to the right We have examples from boeing max disastrous without the lack of transparency And then you go on over even further to what i call. Ostrich lies where you're like an ostrich you're sticking your head in the sand and that's not really that's not a lie. You're just avoiding reality. Because you're so overwhelmed. You don't know what to do. You're procrastinating delaying making decision and that an is faking it. Because you're not dealing with reality and from there you go off off the charts to like the bernie madoff of the world and elizabeth homes and people like that which is just total fabrication and deception. And so. I couldn't agree the thing that i find interesting on. This sort of a vector into the conversation is on one hand as entrepreneurs as creators people who wanna push ourselves and frankly pushed the world in a different direction that we think will be will yield a powerful outcome or set outcomes. There is an element of a leap of faith. There is an element of sort of Being over our skis and promising a little more than we can deliver right. There is an element of that with great entrepreneurs.
![Being Victimized by Scams is Solvable [Test]](https://storageaudiobursts.azureedge.net/site/images/stationIcons/15970.png)
Solvable
Being Victimized by Scams is Solvable [Test]
"Episodes are out every friday. This is solvable. I'm jacob weisberg there. Only a few real cons that exist and the bones of the story are the same and they've been the same for centuries also maria conaco. Vince would writing about these number of years book. The confidence game explores stories of con-artists opportunists people who build up our trust and then take everything we have think bernie madoff the late investors who destroyed countless lives with false promises and financial theft but before we pledged to fight to abolish scams. Remember this another side to those familiar. Stories to the flip side of our vulnerability to cons is human connection and trust and all the good stuff. So how do we protect our loved ones in ourselves. We'll scams being enduring part of society forever because we refuse or are unable to learn from our mistakes rather than admitting i was dumb. I felt for a scam you say. Oh no no cure all of the mitigating circumstances and it probably wasn't even a scam. So i think that it takes a strong person. It's embarrassing So can scams be solved. Rea- konakov thanks so being victimized by a scam is actually a solvable problem. Maria has gone from investigating the lies. We tell ourselves to mastering the bluff herself by learning to play poker at a world class level and writing about that too so i started by asking her why she so hooked on these concepts of big and small manipulations. My first book was about sherlock holmes. So i've traveled this gamut from you know. How do you be detective to okay. What are the what are the bad guys doing to kind of being the bad guy myself but within a game right so so so there are rules And one of the reasons that i've that it's been such a passion of mine is that i hate to see in re in reality. Not in a game. I hate to see people being taken advantage of. And how often that happens. And how scammers often will target the most vulnerable parts of our population the most vulnerable people and then we as a society target again by blaming them and by saying oh well. You're just stupid. You were just greedy. You were just dumb. You shouldn't have fallen for it. I wouldn't have fallen for it and that just gets me. Yeah well i was going to ask you because of your longstanding interest. I mean this personal for you in any way of you've been scammed yourself or people close to you been victims of scams. I personally have not been scammed. That i know of but one point i always make is that you know. The scams are ones that you're probably not aware of so i. i'm sure i've been scammed on small things and when you're about to get on the subway someone stops you and says hey you know. I'm so sorry. I lost my wallet. Do you have the fair for the subway for the bus for the train. I need to get back to my family. And there's so many excuses and you can do one of two things you can say. I think you're con artist. I'm not going to give you any money on. Walk on you feel shitty. You feel like a bad person because they actually needed you. I've lost my wallet. I've needed help in the past. And i think we bought we probably been on the other side of that and so the trade off is yom maybe get scammed. But i'd rather take the risk of being the victim of scammer in that particular instance and. I'm sure i've been scammed that way. Well that's interesting. I mean i have experienced instill sticks with me from high school. I remember in chicago where i was growing up walking through lincoln park and there was a guy kinda ragged looking walking with a gas can and he stopped me and told me this whole sad story about how he was trying to get back to florida to see a family card run out of gas and he needed the money for gas. Now was probably fifteen years old or something like that. I think i gave him ten dollars. Which would have been a lot of money to me. At the time and i felt good about myself for doing that and then a week later i was walking through the park and there was the same guy looking around with this gas can And it just it sticks with
The Peter Schiff Show Podcast
"bernie madoff" Discussed on The Peter Schiff Show Podcast
"Maybe he should say that people should be communication majors in marketing. Because that's really what you're trying to do right. You're trying to be s. Everybody in con- everybody and in fact on that subject also today bernie madoff died in prison. I think he was eighty. Two years old and bernie madoff background is ideal for chairman of the fed. I mean he ran a ponzi scheme and know. That's exactly what the us government is doing is running a ponzi scheme. In fact bernie madoff may in fact be dead but the greatest purveyor of ponzi schemes is alive and well and lives on in the us government. I mean bernie. Madoff was a piker of ponzi schemes When compared to the us government and so operating a private ponzi scheme is a good job. Prerequisite for being fed. Chairman certainly bernie madoff would have made a good fed sherman. He would have made it even better secretary of the treasury which is something i often joked about. Why do we have bernie madoff in jail. We should have made him secretary of the treasury because he is an expert in ponzi schemes. And that is what the. Us treasury is operating in. The us government really operates two gigantic ponzi schemes. One in social security right. That's pure ponzi right. that's all it is. It's you know we take money in From the people who are currently working and then we give that money to the people who retire and we promised to people who are currently working when you retire. We'll take money from the new crop of workers. I mean that is pure policy. That is the definition. Pasi is just that everybody knows it's upon and the government requires you to participate even though you know. It's a ponzi because most people if they had a choice would opt out so security. They wouldn't want to take part in it because most ponzi operators. They have to keep it quiet. They can't tell you that it's a ponzi scheme because once you know. Well you're not gonna participate but the government doesn't even have to hide it because they're forcing you to participate with you want to or not. That's why this particular ponzi scheme is able to last a lot longer than others. But there's another ponzi scheme. that's a little less obvious than the social security ponzi. And that is the ponzi scheme regarding financing of the us national debt. Right all the debt. How does the us government pay interest to its current bondholders. Well it borrows the money from future bondholders. Now when the bonds at the government's sold in the past mature where does the government get the money to pay off the lenders. Well it gets it by borrowing more money from new lenders. That again is a ponzi scheme. Now more and more those new lenders. The federal reserve so the government is getting money from the federal reserve to pay off maturing bonds. And where's it gonna get the money to pay off the fed when those bonds mature. Well they'll get that money from the fed to so the entire thing is a ponzi scheme except here..
AP News Radio
AP source: Ponzi schemer Bernie Madoff dies in prison
"Bernie made off the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history died in federal prison a person familiar with the matter told the Associated Press on Wednesday
Brian Mudd
Ponzi Schemer Bernie Madoff Dies in Prison at 82
"Age of 82. It was once chair of the NASDAQ stock market, pleading guilty in 9 2002, security sprawled and other charges, he admitted. Swindling billions of dollars from investors in a decades long scheme. When hearing about made off step this morning, New York City Mayor Bill de Blasio said made off hurt a lot of people. They someone passes is not a time to dance on the grave. But let's just be honest. Many, many people were hurt by his actions and No, it's time hopefully. Turn the page and move forward. And those hurt by made off include many in South Florida all the way into Hollywood and across the globe, a source telling ABC News that made off died of natural causes at a federal prison hospital in North Carolina. Or federal mass
Bloomberg Markets
Bernie Madoff, Mastermind Behind Largest Ponzi Scheme in History, Dies at 82
"Financier who pleaded guilty to the largest Ponzi scheme in history has died in federal prison, The Associated Press is reporting It looks like natural causes at the Federal Medical Center in Butner, North Carolina, where Made off had been in prison for more than a decade, he admitted swindling thousands of clients out of billions of dollars in investments over decades. Last year made offs lawyers filed to get him out of prison, citing covert. That request was denied Bernie Madoff. Was 82 years old.
John Williams
Bernie Madoff Dies in Prison at 82
"Guilty to orchestrating a massive Ponzi scheme has died in prison. Associated Press reporting that he died early this morning at the Federal Medical Center in Butner, North Carolina, apparently of natural causes. Last year, the lawyers for made off tried to get him released from prison because of the covert 19 pandemic. At the time, they said he It's also suffered from end stage, renal disease and other chronic conditions again. Bernie made off at the center of a massive Ponzi scheme in prison. A dead at 82 years old, The family of Adam Too late, Oh now has
Dave Ramsey
Bernie Madoff seeks early release due to end-stage renal disease
"Convicted Ponzi scheme mastermind Bernie made off says he's dying in a new legal filing the disgraced Wall Street investor claims he's got less than eighteen months to live and is seeking an early release from prison the eighty one year old is currently serving a one hundred and fifty year prison sentence in North Carolina for operating the largest Ponzi scheme in history defrauding investors of billions of dollars made office end stage renal disease and is hoping for some compassion from the court Brian shook NBC news
WBZ Morning News
Bernie Madoff asks Donald Trump to reduce 150-year sentence
"Bernie made off currently serving a one hundred fifty year sentence after pleading guilty to one of the largest Ponzi schemes is asking president trump to commute his sentence ABC's Michelle Franzen has more it's been a decade since Bernie made off began serving his sentence at a federal prison in North Carolina now the eighty one year old is asking the trump administration to reduce his one hundred and fifty year sentence the justice department confirming made off request made off pleaded guilty to eleven federal crimes including fraud the former hedge fund manager bilking clients out of billions of dollars of investment funds his case is considered one of the largest Ponzi schemes in history made off is not asking the president for a pardon instead hoping that the president will commute the remainder of his prison
NPR's Business Story of the Day
For Madoff Victims, Scars Remain 10 Years Later
"Support for this NPR podcast and the following message. Come from Yahoo finance live. Are you ready for relevant? Financial news streaming anywhere without cable or a subscription. Tune into Yahoo. Finance live for hours of live market coverage. They're ready. Are you ten years ago? This country was reeling from the worst financial crisis in decades. And in the middle of it all came shocking news, Bernie Madoff a pillar of Wall Street was arrested for orchestrating a multibillion dollar Ponzi scheme. Then you spread fast and quickly engendered panic amongst investors who gathered at the offices of their alleged swindler, hundreds of people were told the money, they'd invested with males firm was probably gone. They included rich and famous people. But also, those of more modest means now, many of those investors have recovered most of the money they lost. But as NPR's Jim zarroli reports, they're still living with the consequences of made offs fraud to his investors, Bernie Madoff was a Wall Street genius. A man who racked up? Big returns year after year. No matter how the economy was doing but made off lived with a terrible secret. And in two thousand eight with the economy crashing he was forced to admit that his investments were a fiction in tapes published by New York magazine later made off talked about breaking the news to his family. Cry. I should. I just. I have to tell you as news of made offs Ponzi scheme broke, thousands of investors, including many charities learned. They didn't have the money. They thought they had they included Steve Heim off a writer and critic whose retirement fund was wiped out. I had an Email from a cousin of mine, and I read through the body of her Email see explain that. It was all done every penny before then Heim off had never heard of made off. But an investment fund used by him and his family had been feeding money to mate offs firm now that money had vanished. And at age sixty two Heim off was forced to refinance his condo and severely cut back on spending. I just stopped going to restaurants. I stopped by Clova. I stopped going to -cations I stopped going to movies. The toll his losses would take on hyme off was considerable with came very close to suicide. For at least a year, it's been very emotionally exhausting. There's an element of post traumatic stress syndrome in the year since then made off who's now eighty pleaded guilty and was sent to federal prison. So were six of the people who worked at the firm including made offs, brother. Peter one of made off sons hung himself in his New York apartment. Meanwhile, the court appointed a trustee to try to recover what he could from the wreckage of made offs finances that trustee Irving Picard he spoke to NPR's weekend edition on Sunday about how he worked a lot of hard work. Some good lawyers working with us and forensic accountants and investigators and we developed the case from the ground up. The fund has so far recovered about thirteen billion dollars partly by selling off made offs houses. Aunties fifty five foot. Yacht named bull. The money will go to. Mate off victims, surprisingly, many of them will get back most of the funds they invested with made off, but they're only receiving money. They actually put into the fund those great returns, they thought they were getting the money in those monthly statements made off sent out virtually all of that is gone, Michael davita estimates. He'll get back about sixty percent of what he put into mate offs fund. I retired in August of two thousand eighteen eight years later than I expected on less than a third of what I expected to retire on nor will investors get back much of the taxes. They paid over the years on those returns davita has become something of an investor advocate since then and teaches a college course on made off. He says a lot of people weren't very sympathetic to made off victims. There was a lot of of feelings back at that time that people who were invested with Nate off quote got with eight deserved that the returns were too good to be true. And therefore you took advantage of the system. And you know, what ha ha we got you. But davita says a lot of made off victims weren't sophisticated or rich. They were just average people like himself people who naively trusted made off with their retirement money and have paid a terrible price. Jim zarroli NPR news, New York support for this podcast and the following message. Come from the Walton family foundation where opportunity takes root more information is available at Walton family foundation dot org.
Triangulation
How Amazon became the world's biggest e-retailer
"Amazon is a really unique one of the most unique companies in your book because it it started out as the it wasn't the first they weren't the first people to sell things on the internet. But they were the first biggest and they're still the biggest so talk a little bit about the beginnings of Amazon. Yeah. Well, real quick though. I wanna point out like there's so many stories in this book of where the the one that wins is not the first one. It's like the that saying that leaders always get EROs in their back. You know, it wasn't a Facebook one. It wasn't my space. But the even before my space friendster even before. There were six degrees. The fact that to this day, the the number one e commerce company in the world by far I think last week I heard fifty nine cents of every dollar spent online is it goes to Amazon. It was was the first is actually we got to give them a lot of credit for that. Because again, like, you know, no, one swooped in and and eight Jeff Bezos is lunch. What? So how how did it get started? Jeff Bezos is he's working on Wall Street at a firm, the aquatic firm, that's actually competing tooth and nail with Bernie Madoff squad firm and the internet and web takeoff and he's assigned by his boss. The Shaw to David Shaw to to research this as a business opportunity, and there's fame the famous story of he sees how the internet's taking off and he realizes this is the biggest thing of his life. Is he going to regret leaving Wall Street behind leaving his Christmas bonus behind? No, he's going to go off and do this internet thing, and he and MacKenzie his wife drive across the country and he's typing the business plan on his laptop. And he they don't even know where they're going to go. Okay. There's a several different internet stories internet founding stories that I've had to debunk in this book. I spoke to shell caffeine who was employee number one at Amazon he said, well funny story. The Jeff had been out to San Francisco the month before to hire me and the other employee number two. I can't remember his name at the moment. Oh, and we knew we were going to Seattle because he had already done the research if they're going to do books the Ingram and Taylor are the big book warehouses, and they have warehouses in Oregon. He doesn't want to be in California because California has a sales tax or higher sales tax. And so see we knew we were going to Seattle. So okay. And same thing happened with EBay, the whole idea that EBay was they he wanted his fiancee that have a place to to trade Pez dispensers that these are these are stories that are made up because they're nice cute little PR stories. But I think the bottom line story of Amazon is that Jeff Bezos, I believe this saw the internet saw that it was the greatest thing that would ever happen is lifetime the greatest business opportunity. And I what I don't believe is that he knew. I think he wanted he intuited from day one that it could be an everything store. I think that commerce could have efficiencies of scale and efficiency in terms of being more convenient for for consumers. But he he started with books because I believe in. I if everything we've read about him, I believe his mind works this way, he was going to test the hypothesis now as soon as he proved that books that people would buy things because remember in ninety five I in fact, again back to my library research as late as nine hundred and ninety nine I'm reading articles after article after article in Forbes fortune and BusinessWeek people winner people ever going to trust buying doing commerce online putting their credit cards online.