40 Burst results for "Caroline"
A highlight from SBF TRIAL: 09/27 UPDATE
"Welcome to the SBF trial, a Coindesk podcast network newsletter bringing you daily insights from inside the courtroom where Sam Bankman -Fried will try to stay out of prison. Follow the Coindesk podcast network to get the audio each morning with content from the Coindesk regulation team and voiced by Wondercraft AI. Judge Lewis Kaplan will indeed let Sam Bankman -Fried's defense team ask certain Department of Justice witnesses about their recreational drug use, sort of. The judge, who has overseen the case for nearly a year now, inched closer to resolving outstanding issues ahead of trial. Last week, it was the Daubert motions regarding expert witnesses. Yesterday, it was resolving most of the motions addressing testimony and evidence questions. The defense team can cross -examine cooperating witnesses about issues like privileged company information and their recreational drug use, though the attorneys need to notify the court beforehand. The prosecution can present evidence tied to FTX's bankruptcy during the trial over the defense's objections. We'll also see information about the FTT token and whether its price was manipulated by other FTX insiders. Separately, as reported yesterday, Bankman -Fried is once again trying to get himself out of second and through the duration of his trial. The FTX founder was locked up in August after Judge Kaplan ruled he'd likely try to tamper with witnesses. Earlier this month, his request to overturn that decision was denied, and last week, an appeals court refused to alter the ruling. But in a Monday letter, lawyers for the disgraced crypto CEO asked a New York court to let him stay at a temporary residence in the city with a security guard. They also asked the judge to let Bankman -Fried travel to his attorneys' workspaces during the trial itself because it was exceedingly difficult to prepare for the trial from jail. The security guard, who the lawyers say will remain with Bankman -Fried at the residence, will also make sure he doesn't have any visitors or access to any computers, cell phones, the internet, television, or any other electronic devices, the letter said. It's unclear if p the five .m. Eastern time today for the DOJ to weigh in on the application. Defense attorneys have also requested that Bankman -Fried be allowed to wear a suit during the trial. During his last appearance before Judge Kaplan, he wore a prison uniform and was shackled. We're still waiting for the trial to start. The trial will start with jury selection on October 3rd at 930 a .m. Eastern time. The DOJ anticipates this taking the better part of a day. White -collar attorneys believe it'll take longer. Either way, opening statements will likely begin the day after a jury is seated. The DOJ also anticipates bringing some witnesses up to testify as soon as next week, with the court docket hinting that those witnesses may well be FTX insiders like Gary Wang, Caroline Ellison, and Nishad Singh.
Fresh update on "caroline" discussed on Spellcaster: The Fall of Sam Bankman-Fried
"Investors and customers to essentially lie about the backdoor. I agreed with Mr. Bankman Freed and others to provide materially misleading financial statements to Alameda's lenders. Then she apologized. I am truly sorry for what I did. I knew that it was wrong and I want to apologize for my actions to the affected customers of FTX, lenders to Alameda, and investors in FTX. I am here today to accept responsibility for my actions by pleading guilty. It was weird for me finding out about Caroline's guilty plea and knowing that she would likely be ending years in prison. This was the person I'd spent a bachelorette weekend with. of At the the end trip, she had given everyone custom tote bags she and her mom had designed. And now she's guilty of helping commit a multi -billion dollar fraud. Caroline had surrendered and she wasn't the only one. The Southern District of New York has filed charges against Caroline Ellison, the former CEO of Alameda Research, and Gary Wong, a co -founder of FTX, connection in with their roles in the frauds that contributed to FTX's collapse. Both Miss Ellison and Mr. Wong have guilty pled to those charges, and they are both cooperating with the Southern District of New York. In February, Nishad Singh, the company's engineering director and another one of Sam's closest confidants, also pleaded guilty implicating Sam. By offering their guilty pleas, Sam's friends made his defense much more difficult. Sam faced the prospect of years, if in prison. On the morning of December 21st, 2002, Sam woke up in his cell in Fox Hill, ate a peanut butter and jelly sandwich, and said his goodbyes. As he walked out, he wished everyone a merry Christmas. He shook hands with the commissioner of police. Then, Bahamian authorities drove him to court. Sam Beckwith -Fried just arriving at a Bahamian courthouse in the past few minutes. A source familiar with the matter tells me the former FTX CEO plans to surrender himself to the US extradition process. Sam signed some papers which formally turned him over to the Department US
A highlight from SBF TRIAL: Inside Sam Bankman-Fried's Trial Defense Episode 2
"The most important thing is, you know, just because a lawyer tells you something is okay, that's not a defense. Geez, he said it. He seemed to think everything was okay. Yeah. That's not an advice of counsel defense that negates criminal intent, that's an excuse. In part two of our series digging into SPF's defense, we dissect Sam Bankman -freed's claims that his lawyers played a larger role in FTX's collapse than he did. It might sound like a stretch, but there is legal precedent behind it. SPF also says he was pressured by counsel into turning FTX over to their hand -picked successor. In this episode, we sit down with Mark Litt, the prosecutor who took down Bernie Madoff, Travis Kling, a fund manager who still has millions of dollars tied up in FTX, and Mr. Purple, a pseudonymous crypto investor and fellow FTX victim, to see if there's any legitimacy to SPF's claims that lawyers who were there for FTX's rise are now primed to rake in hundreds of millions of dollars in legal fees. Money that SPF says should be used to pay back depositors. I'm Zach Ousman, you're listening to the SPF Defense Podcast, a coinage investigation. SPF's position is that FTX would have made it through the crisis if not for his lawyers, which conspired to steal the company out from under him, cover up their role in its operation, and siphon hundreds of millions of dollars in legal fees from the bankrupt estate. SPF even names one lawyer in particular, Ryan Miller, who joined FTX US from the law firm's Sullivan and Cromwell, and planned on returning there after his time at the exchange, according to an affidavit from FTX's top lawyer. SPF says Miller conspired to hand the company over to Solcrom and their chosen agent, John J. Ray III, who also handled Enron's bankruptcy. And whether you come to believe Sam's claims or not, Solcrom and Ray clearly won. If FTX's bankruptcy process takes the two years like Enron's did, it's on track to cost over $800 million. And Solcrom's relationship has already been called out by more than just Sam. It's even been raised as an issue by senators and 18 state regulators. But could SPF be right about Ryan Miller and Solcrom's nefarious motives? And even if they did do some evil lawyer shit, will it be enough to get SPF off the hook? To fully understand this defense strategy, it helps to start with SPF's story behind his attempt to plug the now notorious multi -billion dollar hole at FTX back in November's collapse. As the story goes, he was preparing to handle the liquidity crisis by courting Nomura, Japan's largest investment group, and the crypto company Tron, who had pledged billions of dollars in liquidity to FTX, while other investors were still deliberating. SPF had said he planned on giving away most of his equity in the company, and therefore most of his wealth, in an attempt to make customers of FTX International whole. SPF has always maintained that FTX US remained completely solvent right up to the end. But SPF says his rescue plan failed because Ryan Miller and Solcrom agents at his company, including Tim Wilson, another FTX lawyer with a past at Solcrom, pressed him repeatedly to sign the company's over to John Ray in bankruptcy, and even implied that if he refused, they could have him arrested and quote, change control in order to authorize a proper insolvency process. SPF said he changed his mind within 10 minutes of signing, but it was already too late. And he says his lawyers reneged on their promises to let him select a board share, blocking him out of his accounts and refusing to communicate further. As soon as John Ray was installed, he chose Sullivan and Cromwell as FTX's primary counsel. To be fair, SPF actually has a point when it comes to the sketchiness of that process. Even outside legal observers have taken issue with Solcrom being tapped as the firm to manage FTX's bankruptcy. In fact, a bipartisan group of two Republican and two Democratic senators, including Elizabeth Warren, sent a letter to the judge overseeing the case, urging him to appoint an independent examiner rather than Solcrom, which worked with FTX and Alameda before the collapse, bringing in $8 .5 million in legal fees. The senators argued, quote, given their longstanding legal work for FTX, they may well bear a measure of responsibility for the damage wrecked on the company's victims. Regulators from 18 states echoed that issue, saying appointing an independent examiner wasn't just right, it was also legally required. But back in February, the judge in the case threw out those requests, saying it would cost too much money, though we should note FTX's lawyers also charged the bankruptcy estate $21 ,000 over 20 days just for meals, which apparently isn't too much to spend. And if you ask the victims in FTX's collapse, this is all pretty important, considering it's their deposits and claims at stake. And if their money is being drained in broad daylight by a law firm who also helped FTX pre -collapse, that might not sit any better than Sam spending it. We talked to Travis Kling, who lost his crypto investment fund in FTX's collapse, and asked him to weigh in. If you ask me at the very beginning, do you think this is going to be one of the most expensive bankruptcies in U .S. history, I would say yes. Yes. You know, it's enormous. There's a ton of fraud, and it's magic internet money. Trying to kind of Monday morning quarterback this and say, oh, Sam would have been better off not filing for bankruptcy. That's not something that I feel very strongly about. And Solkrom's outrageous fees aren't the only reason for concern. SPF also claims Solkrom gave a clean bill of health to Alameda's trading accounts on FTX in a report with the CFTC just months before the collapse. Furthermore, in his affidavit, Dan Friedberg, who was both FTX's chief compliance officer and Alameda's general counsel until he stepped down following the crisis, says Miller only included FTX U .S. in the bankruptcy proceedings precisely because Miller knew it had the funds to pay Solkrom for its work, which backs up what SPF said about how FTX U .S. was never insolvent. So this may be a case of the fox guarding the henhouse. Solkrom denies any of this, of course. The firm's top bankruptcy lawyer, Andrew Dietrich, who told other lawyers FTX was rock solid in an email just days before the bankruptcy, said he only spoke with SPF twice. The FTX debtors also countersued Friedberg to seek damages, alleging he breached his fiduciary duties. We can't say much more beyond that because Solkrom never got back to us when we asked for a comment. But one thing is clear, what guidance Sam's lawyers gave him, and particularly what they knew about the business, will become integral to SPF's defense at trial. Even if you asked Ryan Miller before the collapse, the laws are pretty simple for any business, crypto or otherwise. Here he is explaining that concept at an MIT Bitcoin meetup in July 2022. Don't do fraud, don't lie, don't release materially incomplete statements. That then creates a basis for liability, liability from a criminal authority, be it a Department of Justice or liability in a civil context. Yet according to Caroline Allison's guilty plea, they had trouble following even those rules. In her sworn testimony, she said, quote, I agreed with Mr. Bankman, Fried and others to provide materially misleading financial statements to Alameda's lenders. Could Miller or any of SPF's lawyers, for that matter, be one of those others? Sam's other allegation that Miller contacted the DOJ to turn over documents that led to his indictment days before SPF linked, which controlled the company, makes Miller start to look even sketchier. But even if Solkrom really does have a true conflict of interest, could SPF really use their role in everything that happened to get an acquittal? Given that I'm not a lawyer, we pose that defense to Mark Litt, the prosecutor who took down Bernie Madoff. Can a lawyer be a criminal? Sure. Yeah. Can a lawyer be part of a criminal enterprise? Yes. Do they often go down? I don't know a lot of reputable lawyers who are going to bless lying to investors, lying to banks, intermingling funds, lying to auditors. If he happened to find one who knew all that was going on and blessed it, then maybe as a defense. But I tend to doubt it. You can't think of it as, well, oh, well, you know, Sullivan and Cromwell was involved or a former Sullivan and Cromwell lawyer was involved and, geez, he said he seemed to think everything was okay. That's not an advice of counsel defense that negates criminal intent. That's an excuse masquerading as an advice of counsel defense. Advice of counsel defense is very specific and narrow. You need competent counsel and they'll stipulate that any lawyer at Sullivan and Cromwell is competent in the subject area that they're being asked about. Second, every material fact has to be disclosed to them. Third, you have to seek their legal opinion on a subject. And fourth, you have to follow the advice. So if the defense can make out those elements, I would think they'd be able to present the defense and it might have a shot of winning. So Sol Cromwell might not be saints, but as we covered last time in episode one, SPF isn't exactly facing a trial over FTX's collapse. He's charged with a lot of things that led up to FTX's collapse. Arguably, what's alleged to have happened post -collapse matters more for FTX's victims. And if you ask them, the reviews are mixed on exactly what's played out thus far. If I'm going to judge Sullivan and Cromwell and John J. Wray from my purview of being someone who's seen these things in bankruptcy, I would give them a very low grade because you can say, oh, this is crypto, it's difficult, but it's not that difficult. And sometimes the devil you know is better than the one you don't. I will say that these debtors are extremely bad in my professional experience. That was Mr. Purple, a pseudonymous crypto investor who has experience following bankruptcy proceedings. For former FTX customers like him, Sam's spat with Sol Cromwell matters very little, as long as the firm can help achieve a meaningful recovery of their funds. And despite the fact that legal fees are stacking up, the bidding market for FTX customer claims is showing a growing hope they might not be stuck with pennies on the dollar. Another way to frame it is, you know, there's a claims market for FTX claims, trade claims, trade actively. There's a little niche of traditional finance that all they do is go around to different bankruptcies in all industries and they buy claims. This is this is a, you know, a subsector of of investing. And this is a huge bankruptcy. So this has been a very big liquid market. Right. And the first, you know, we're a very big creditor in this. So, you know, I'm in active conversations in this claims market. First, first bid we saw was in Thanksgiving and it was like six cents. That was the first bid. Six cents on the dollar, six cents on the dollar. And now now it's like 40 cents. And so it's gone from six to 40 cents. So then I'm like, OK, well, that feels quite good. Yeah. And OK, these guys are charging a load of money for that, but they have taken us from six cents to 40 cents. With both FTX's bankruptcy case and SPF's criminal case unfolding in real time, one may very well impact the other. We filed a Freedom of Information Act request for the CFTC to share the report. Sam says Solkrom filed to support that FTX's structure was above board. The agency denied our request, saying it's unable to share documents that, quote, could interfere with the conduct of federal agency law enforcement activities. And of course, as long as Solkrom selected John Ray is running the show at FTX, it's unexpected anything comes out to support SPF's case. FTX, too, didn't get back for comment. So unless SPF has direct evidence of lawyers being aware of FTX's shaky financials and helping for years to cover it up, it's hard to judge SPF's advice of counsel defense or the idea that he thought he was in the clear leading up to the collapse just because his lawyers said it was fine. As Litt said, that sounds more like an excuse than a defense. As a community owned Web3 media outlet, Coinage will be breaking down everything we've learned together through this series and curating still unanswered questions at Coinage .Media. I'm Zach Guzman. This was the second part of Coinage's investigative series covering SPF's defense. Stay tuned for episode three, where we'll explore another pillar. Of SPF's defense. You've been listening to the SPF Defense on the Coindesk Podcast Network. Follow the Coindesk Podcast Network to get all the Coindesk shows in one place and head over to Coindesk .com for all the Sam Bankman freed coverage. Thanks for listening.
Fresh update on "caroline" discussed on Spellcaster: The Fall of Sam Bankman-Fried
"November 2022, I worked at Alameda Research, a cryptocurrency trading firm principally owned by Sam Bankman Freed. She described how in 2019 FTX had tweaked its code to Alameda allow to borrow from FTX customers. This arrangement permitted Alameda access to an unlimited line of credit. It meant that Alameda was borrowing funds that FTX's customers had deposited onto the exchange. Caroline described this as special settings. Prosecutors called it a backdoor. Sam denies this and denies knowing about it. Caroline admitted it all. She said she'd worked with Sam to mislead
A highlight from SPECIAL REPORT: Inside Sam Bankman-Fried's Trial Defense Episode 1
"FTX collapsed this week from crypto king to criminal suspects. The less generous view is that you have committed a massive fraud. I mean, I'm deeply sorry. Saying sorry means nothing. I made a series of mistakes that seem they don't just seem dumb. They seem like the type of mistakes I could see myself having ridiculed someone else for having me. I'm Zach Guzman. You're listening to the SPF defense podcast, an exclusive coinage investigation. I've met SPF in person three times. Once when he just bought the naming rights to the Miami Heat's arena, once in the Bahamas at their huge extravaganza with Tom Brady, and once at his parents' home under house arrest, ankle bracelet included. In fact, I was the last journalist to interview him before he was sent to prison for breaking his bail agreement. I showed up to his parents' house near Stanford's campus on a Sunday and was immediately greeted by a security guard who informed me I'd have to leave all my electronics with him outside. I had interviewed Sam plenty of times, just never after being wandered down with a metal detector, and certainly never while he was under house arrest. Three hours later, Sam agreed to answer questions from the coinage community and surprisingly handed me about 50 pages of documents outlining his defense strategy, and exactly what he says led to FTX's downfall. After reading it through and realizing neither myself nor anyone at coinage is an attorney, we brought in the best person we could think of, Mark Litt, the government's lead prosecutor in his case against Bernie Madoff. This is part one of our series investigating SBF's upcoming defense. In this episode, Mark Litt provides his unique insight on the unanswered questions surrounding the relationship between SBF and Caroline Ellison, his girlfriend turned cooperating witness. You were one of the former lead prosecutors on the Bernie Madoff case, one of the biggest Ponzi schemes, not the largest Ponzi scheme in American history. When you look at that case and compare it and contrast it with what's being alleged that Sam Bankman Fried did to St. Alameda and FTX, what do you see? Here, the government is alleging among other things that promises were made to investors and promises were broken, and the promises were material. So there's a couple of charges relating to derivatives, trading fraud and conspiracy to commit that fraud. There's one I think for conspiracy to commit securities fraud and the substantive count of securities fraud. There is money laundering attached to those. So it's not a Ponzi scheme, but it's fraud. It just happens to be in a wrapper of cryptocurrency, which is novel. Well, just start on what you would do if you were Sam's attorney. Well, what I would have been doing and what I would be doing right now is developing whatever I can to cross the cooperators who are going to be critical to the prosecution. When you look at what's happening here and the fact as this goes to trial that you're going to need to convince 12 jurors that a crime was carried out, how does that element of cryptocurrency or the fact that maybe it's not as simple as an outright Ponzi scheme, what does that do to the prosecution side, defense side when you think about what's going to happen in this case? I don't think it changes it all that much. In a trial involving an equity stock or a bond, you may have to do some explanation to the jury about some of the terminology they're going to hear about. Cryptocurrency is newer. You might have to do a little bit more of that to provide context. But the case isn't about cryptocurrency. It's about, again, representations made and not kept. It's about taking money from one pocket and using it for purposes of another company in another pocket without the investor knowing that. That's not hard for a jury to understand. The defense may want to make it about cryptocurrency and go off on a tangent about the intricacies of trading and all of that, but it's not really relevant to the charges.
Fresh update on "caroline" discussed on Spellcaster: The Fall of Sam Bankman-Fried
"Caroline Ellison walked into the federal courthouse in lower Manhattan. Sometime after 4 .30 p .m. Caroline was sworn in. She was there to enter a plea and the judge asked her a series of questions before she was competent. How old was she? 28. Had she drunk alcohol or taken drugs before the hearing? One beer at 8 p .m. last night. That's it. A prosecutor read the against charges her. Seven counts of fraud and money laundering. The judge explained that Caroline could receive up to 110 years in prison and told her that she could reduce her prison time if she were helpful to prosecutors. Did Caroline understand? Yes. Then she gave her statement. From approximately March 2018 through
SPECIAL REPORT: SBF TRIAL 09/22 Update
"Welcome to the SBF trial, a Coindesk podcast network newsletter bringing you daily insights from inside the courtroom where Sam Bankman -Fried will try to stay out of prison. Follow the Coindesk podcast network to get the audio each morning with content from the Coindesk regulation team and voiced by Wondercraft AI. Yesterday was arguably not a great day for Sam Bankman -Fried. First, the judge overseeing his case rejected all seven of his proposed expert witnesses, questioning at least one's qualifications and saying some others really wouldn't be relevant to the case. Shortly after the Second Circuit Court of Appeals rejected Bankman -Fried's appeal of Judge Lewis Kaplan's ruling to revoke his release on bail. These are both mostly procedural losses. I don't think the appeal denial is a surprise to anyone. Judge Kaplan even joked about his record on appeals in the August 11th hearing where he remanded Bankman -Fried into custody, and indeed the three -judge panel wrote that they discerned no error, much less clear error, in the district court's detention decision. What this means is Bankman -Fried will remain behind bars as his trial begins. Judge Kaplan's ruling is a lot more interesting. On the face of it, yes, he granted the Department of Justice's motion to bar all of the defense's proposed expert witnesses from testifying. But this is more of a mixed bag. The defense can still try and call for the witnesses provided they fill out better disclosures at least three days before they're supposed to testify. The DOJ can still object to the witnesses as well. We already know the DOJ plans to call witnesses as soon as the week of October 3rd, and while we haven't seen a full or final list of witnesses, we do now have some greater clarity about who we can expect to testify over the course of the trial. Gary Wang, Caroline Ellison, an FBI agent, and Peter Easton, a University of Notre Dame professor who will apparently explain FTX's financials, for starters. If the defense successfully calls them up, we may also hear from Thomas Bishop to rebut what Easton says, Brian Kim who may rebut the FBI agent's statements, and Joseph Pimbly to respond to a DOJ witness on FTX's software.
Fresh update on "caroline" discussed on Spellcaster: The Fall of Sam Bankman-Fried
"Other words, sure, whatever. Sell your FTT. We'll buy them. Caroline's message to the market was basically, don't panic. We're not panicking. Market didn't take it that way. It looked like a sign of weakness. The value of the company began to fall further. Behind the scenes, the stress was taking its toll on Caroline. Court filings show that she messaged Sam. I just had an increasing dread of this day that was weighing on me for a long time. Caroline had been working around the clock for months, ever since the collapse in crypto markets that spring. Now that it's actually happening, it just feels great to get it one way or another. Caroline seemed almost resigned to what was happening. But Sam was determined to keep his company afloat. Customers were now frantically withdrawing their funds from FTX. He needed money fast. So he turned to Alameda, the company he'd told me was completely separate. He reached out to its traders according
A highlight from SPECIAL REPORT: THE SBF TRIAL 9-19 Update
"Welcome to the SBF trial, a Coindesk podcast network newsletter bringing you daily insights from inside the courtroom where Sam Bankman -Fried will try to stay out of prison. Follow the Coindesk podcast network to get the audio each morning with content from the Coindesk regulation team and voiced by Wondercraft AI. Sam Bankman -Fried stands accused of committing wire fraud and conspiracy to commit several other types of frauds. His once mighty crypto exchange FTX collapsed in dramatic fashion nearly a year ago shedding billions in value and in two weeks he'll begin his effort to convince a jury of his peers that he didn't commit any of many alleged crimes while running the company. If convicted of even one of the charges Bankman -Fried faces years in a federal prison. If convicted of all of the charges he could well spend decades if not the rest of his life behind bars but there are some nuances here. The maximum prison sentences are just guidelines and like any criminal defendant Bankman -Fried is innocent until proven guilty even if the evidence made public so far seems damning. This discussion itself may be premature given his trial hasn't even begun yet. So how did we get here? Samuel Bankman -Fried who is 31 years old was arrested last December a few short weeks after his empire filed for bankruptcy and ejected the Stanford and Jane Street alum who helmed it. Federal prosecutors in the US Attorney's Office for the Southern District of New York filed an initial indictment bringing 8 charges including wire fraud and conspiring to commit securities fraud, commodities fraud and launder money. They later filed a set of superseding indictments which the defense team led by famed attorneys Mark Cohen and Christian Everdell successfully argued can't be brought at this time due to international extradition treaty obligations. A second trial is tentatively scheduled for next year to address these charges. Over the estimated six -week trial prosecutors will place members of the FTX inner circle including former Alameda research CEO Caroline Ellison, former FTX chief technology officer and co -founder Gary Wang and former FTX engineering director Nishad Singh on the stand to testify against their former colleague, boss and roommate. They'll present information from FTX's systems and balance sheets and share audio recordings over the course of the trial all while the defense tries to poke holes in the case. In the lead -up these teams of attorneys will try to find 10 or 12 jurors out of a selection of hundreds most sympathetic to their case. Once Sam Bankman -Fried's criminal trial begins putting these months of paperwork docket fights behind us his fate will hinge on his jury's opinion. Is the former FTX CEO a crypto criminal or perhaps merely a victim of circumstance? They'll have to decide based on the facts of the case but their ranks haven't been filled quite yet. Right now the lawyers are debating how to determine who can make that decision. The process of jury selection heated up late last week after government lawyers blasted the defense team's proposed questions. A good number of them could influence potential jurors. They argued in a letter to Judge Lewis Kaplan. Some were too prying, others too specific the feds said. A handful are a thinly veiled attempt to advance a defense narrative the government claimed. Many of the questions they took umbrage with shared a common theme. They were about appearances. Sam Bankman -Fried is or was a master of appearances. From the first time this author spotted the sneakers and shorts wearing wild -haired billionaire on a yacht in To his final television interviews preceding his arrest the crypto wunderkind cultivated perceptions. He shuffled between personas that bolstered this image of approachable greatness. Sam was the guy you could trust to get it right even though he couldn't tie his dress shoes. I think it's important for people to think I look crazy the government quoted Sam as saying his crazy playing video games during interviews dressing like a dorm room schlub sleeping on a beanbag chair and oh yeah those disheveled curls made his greatness speaking on Capitol Hill pioneering massive philanthropic endeavors and oh yeah the crypto exchange FTX all the greater. But the government doesn't want to let the defense highlight any of that before the trial begins. They're calling on Judge Kaplan to reject jury questions that probe the righteousness of philanthropic philosophies and campaign finance. Sam's ADHD should be left off the table they say and don't even think about interrogating jurors FTX specific opinions. Real or engineered, Sam's game of perceptions has ended. He'll begin the trial as a well -dressed defendant just like any other. The government doesn't want his old image to dictate who might eventually put him in a khaki jumpsuit. We'll be in the courthouse each and every day of this trial bringing you news as it happens and keeping you updated. Want to follow along? Sign up for Coindesk's new daily newsletter, the SBF trial, bringing you insights from the courthouse and around the case. You can get the podcast each day right here by following the Coindesk podcast network. Thanks for listening.
Fresh update on "caroline" discussed on Spellcaster: The Fall of Sam Bankman-Fried
"A senior executive at and then there was Caroline. Caroline and Sam weren't exclusive. Still, as she wrote in her blog, she had some complicated feelings about polyamory. I've come to decide the only acceptable style of poly is best characterized as something like imperial Chinese harem. None of this non -hierarchical s***. Everyone should have a ranking of their partners. People should know where fall they on the ranking and there should be vicious power struggles for the ranks. We don't exactly know where Caroline ranked Sam, but people who worked with them and knew about their relationship said she got easily fostered when he was around, that she readily gave in to him in meetings. They weren't into PDA in the office. They kept their relationship a secret from investors until after they had put their money in. That wasn't the only secret. Caroline also knew something that investors certainly did not. That the relationship between Alameda and Caroline would later say she had long known about a few lines of code in FTX's bookkeeping software that allowed Alameda to borrow money whenever it needed from FTX's customers. It was a backdoor between the two companies' accounts. And maybe that backdoor might have stayed its secret
"caroline" Discussed on Op Persoonlijke Titel
"People are not going to be vaccinated. I have not been vaccinated but I have been very good at it. I have had my own health as I have not had a full care at the cafe. It is not a good thing to do it. I have been looking for a place in the Netherlands and I have been looking for a place where people are not where people are not vaccinated and they are not going to be vaccinated. I have seen people who are not vaccinated for years and years. What is this? I think it is so bizarre. And that is the truth. It is so bizarre. I have talked to Mark with reasons of race and religion. What is not a good thing is that it is bad. It is not so bad but how can it be a good thing when you are in a destruction of the pharmacy process. The company is not a great resource. It is a great resource. The family is also a great resource. What do you think? Probably a good thing and a good thing. It is a very good thing. It is all good. Is it really a hobby? Yes, it is a very good thing. It is not a good thing. It is a very good thing. That is all good. I can't tell you that I am not a good person. But I can tell you that I am a good person. And that I am also a good person in a very bad way. It is very bad. When people say to me pack your russ, pack your russ. When they say to me come here, come there. Have you tried for me? Pack your russ, pack your russ. But I think that you are a good person. You are a good person. I think you are a good person. I am now two and a half years old. I am going to russ. I am very happy that you are here. Thank you. And I thank you for your And your fine warranty. Thank you. Very good. Success. My podcast. You have reached the end of the person's title. Simon Stelling, Ernst Lissauer. Forum Saving, Branding and Online Production, Carlos Jurasen. See you soon. Jan Riemens. Thank you.
"caroline" Discussed on Op Persoonlijke Titel
"But all of these are open to the public. One of them was two years ago. Yes, the people who are in the open market are still in the open market. And you can see here that we have a question that I know that in the beginning of all the coronavirus was totally new. We did not know that. And this matter is not just about either way. Either way is what I am talking about. Either way is what I am talking about. Either way is what I am talking about. But I think that there is more information and one of the things that is important in the information is that people who are in the open market and who are in the open market that the older people and people who are in the open market are going to be the ones who are sick. But they are going to have a lot of money. I have the ability to get the kids who are in the open market to get their kids to where they are not vaccinated. The kids who are not vaccinated will be the ones who are going to have a lot of physical problems with COVID-19. They will be sick. They will be sick. They will be sick. They will be sick. Students and students who are in the open market are sick. I have a lot of children in Nederland. The world is so awful. The children are the adults have a lot of children. They are so sick and the youth are so sick and the kids are so sick and they are so sick and they are so sick and what do they do? The kids are not vaccinated. I do not know if that is a good thing to do. That is what I do not want to do. It is a form of democracy which is a kind of tribunal. It is also a big issue. But it is also a big issue. Who is this child and who will have this full care? With all of what we have learned, who will have that full care impact? No, they are coming to the parliamentarian over corona. That is not the case. They are coming to the commission and everything will be fine. It is not just all of what we have learned but what we have learned and what I have learned is that we need to We need to take into account that we need to make sure that the pandemic of the unvaccinated is not a good thing to do. It is not a good thing to do it. We need to make sure that it is a good thing and that it is a good thing. It is a good thing. The other thing that I have learned is that it is not a good thing to do it. It is not a good thing to do it.
A highlight from Caroline van der Plas
"Up, person de ketitel, a respect van vlees en bloot, for the keike die we luestern, and the luesterer die go keiken. Keike and luestern are... Caroline, van der Plas, welcome! Thank you! Eindeke eef rist? Euhm, neewen ik sie tom ik jou. Haha, there you are. Dit is heedleker eef een sprekjeso. Ja. Euhm. Euhm, dit is heedleker eef een sprekjeso. Euhm, neewen ik sie tom ik jou. Haha. Euhm, neewen ik sie tom ik jou. Haha. That doesn't happen all the time, but we do our best for it. That's a lot of work to do. So, since the general over -winning, with the rules... ...a club in the Netherlands... ...is it enough? No. No, the over -winning of 15 months... ...that took all the provinces together... ...and the United States... ...the formation of the colleges of the United States... ...the first came, and we said no. It was a long day for now. All uni, all cities and states... ...and all cities together... ...took a lot of time... ...and we came together in the same way. That's right. And Caroline for the Plus is the overall winner. Yes. You come to the overall table. So sick. Yes, yes, sicker. So we're going to take five or six years of Israel... ...in a module. Yes, clubs. What do you need? What do you need? Now, I have a lot of work to do. I work here, naturally... ...and a lot of work by income citizens... ...because, yes, I don't belong here. I come with my parents... ...and I also like to see that I'm still living here. I have a lot of work to do. Of course, Israel has a lot of work... ...by the opening of MBO here... ...and they say to me... ...you don't have time for that... ...but I'm still living here. I'm still living here. That's why I have a lot of work to do. It's a lot of work for people... ...a lot of work for people. I have a lot of input, so... ...yes, I still have a lot of work to do... ...with my kids. Well, that's it. We're really looking forward to it. You're a journalist. Yes. Are you more? No. I'm not more. No, you're not. You're more of a journalist... ...than a journalist. Yes. Who is more of a journalist than you? Yes, my father. My father was a journalist... ...a sports journalist... ...by David Dagblad... ...and, yes, at the same time... ...I also worked with a lot of sports... ...and so on... ...and I found out... ...that I really liked what he did... ...and that I really liked the Redaxi. What kind of sport was that? I've played a lot of amateur football... ...a lot of times in David... ...and I also played with the Eagles... ...because I think it's the most important thing... ...to be able to drive a motorcycle... ...and to be able to drive the Redaxi... ...and, yes, it's a little... ...but I also really liked the Redaxi... ...and I found out that I really liked... ...a lot of people... ...with a lot of spinners... ...and what -not... ...and coffee halls... ...for the journalists... ...and so on. I also liked the chocolate milk... ...because I thought... ...that I would also be able to help... ...with the KISS Rave. And so on... ...I really liked it. So it's a lot of fun. So it's not so much the journalistic... ...in the interest of where I'm going. No, my father gave me that offer. And he said... ...that you can't do anything... ...and you're not going to do anything... ...and you're not going to do anything... ...and you can't do anything else... ...and you have to pay for it. So it's a lot of the Redaxi work... ...and then the work comes up. So we all have to do something else. And... ...no, that's what I just said. Yeah. The question of whether or not... ...you're going to stick to it... ...can I ask? Yeah, yeah. No, yeah. I'm going to ask you to do something else. And say... ...you're not going to do anything else. No, no, no. I don't know if you know... ...the journalists... ...or the younger generation... ...with which I contacted China. I don't want to get into a Gladiator List... ...but I think it's also a big part of the younger generation. You know, younger generation always SCREAMS... ...about whether you're going to talk about their kind and... ... Their own states and things like that. So we can really talk about younger generations... ...who are going to talk about their own state. I always think that the criticism... ...and everyday else is applied to younger generations... ...so sometimes we think of younger generations as Russian... ...as being assume that it's not just you. We have had insane fish. They don't mind that that's not the best. We can do it without drugs. But we still have to find a way to double this on paper instantly In the mayoralpanels. Can you repeat the question in my context? Yeah well, our publictime support goes back to the start of the setup of the FC times, and to prevent so many types of emergencies. it works .pparang The pattern will break, in the states too fast. This will be ideal cherry grass, but that has to be done spiritually. They are very special for the society. This thing isDexter from the point of view of thephone. What about the speaker? There are several questions that you can answer. At least for a Rocky Buss. It's not that it's a big name, it's just a realistic name. But that's what we're talking about. Maybe if we're talking about problems? Yes. What do you think about that? I think that I'm 33 years old now. Yes, I'm not, but I'm an adult now. Yes, you are. Yes, I know, but... You don't have anything else to say? No, no, my ears are not really working. No, I don't have anything else to say. I'm not sure, but I'm not sure. But it was more that we were actually not really talking about the fact that we were talking about the fact that we were talking about the fact that this restaurant, the cafe, which is called Dina Weis, was a place that was closed for the first time. It was closed for the first time. And now that it's closed, the cafe is still closed, so it's hard to say. And you're from Bine, too? Yes, that was for him a question that is not working. There is no real time for it. No. There comes, well, a normal work up your ass. Yeah. And what you can do is take a stand from a bisturier to an angst for a new party. Yeah. The ground is open. Each year, at least, there's a tour back of the Bible, and stuff like that, so there's no real time for it. There is no real time for this party. It's open. So, it's a bisturier with the hand behind it. And that's what, what's the name of Caroline's bisturier? Her lance bisturier, that's what you're talking about. Yeah. No, it's a bisturier, but I think that we're seeing that we're already open to it. We're always open to it, that we're always looking at it, and that's what's next. And, of course, it's been a long time. And that's what we're seeing is the need for employees. And we're seeing employees that are always looking for a new job, a new job, a new job, a new job, So we're not too far away. So, we're not too far away. So, we're finally in the middle of the day. And, of course, we're having a good time with the candidates. We're having a lot of fun. We'll be doing some work with the candidates, we'll be doing some good things, and we'll be doing some good things. And we'll have a tour where we'll be able to get to know the candidates. So, yeah. Yeah, I think that I think that yeah, what is it? I think that it's a very important thing for the candidates. Because I see it on the wall. I'm not a fan of the wall. Yeah. I think that I think that we're not going to be able to do anything or do anything. Or, I guess so. But, what's your job for your audience? What's your job for your kids? Well, for my first job, I was really lucky. I thought I had a job, of course, and I thought I was very lucky. But I thought that it would be nice for my audience to be able to do something. And it would be nice to be able to do something if it were honest, if it were a technique, or something for my audience. What was it? Yeah, I think I was in the middle of the class. I was 13, 12, 13 years old. I was in the middle of the class. I was 13, 12, 13 years old. When I was really lucky. I didn't have any other things to do. I didn't go to school or other things to do. So, that was my thing. But, I did it. I got to have my own thing. And I was interested in it. I wasn't interested in it. I wasn't interested in it. I was very interested in music, pop stars, French, that kind of thing. So, what kind of music were you interested in? Aspen, ballet, and The Renderer, Ultra Fox, U2. That was the biggest thing. Were you interested in music? Yeah, I wasn't interested in music. I was interested in Spotify, so I wasn't interested in music. I thought, oh yeah, you can't do anything amazing. You have to do things in your head. You have to do everything amazing. Yeah, that's the thing. That's the thing that you have to do in your head. Yeah. on the other hand, you have to do things intuitively. Yeah. And that's another thing in politics. Yeah. No, I have a lot of things that in my head are the biggest things that the United States was in. The United States was free and I wasn't interested in music. I wasn't interested in music at all. I was interested in music. But I didn't have the best set of shows. I had a lot of things that I had done that the United States was free. I was not interested in music. It was good. Good. It was It was good. I was music. It was good. I didn't set of shows. The United States was free. The father was free. Man was free. The author was free. Most of the were free. In fact after that I was excited about my would you be more clear with the history of the place, the land and the state? Yes, I was at my base, but in the period before I came, I was in overland. My father was there in 2013, overland. So he didn't have much money. But my brother, my mom and my friend Henk, they visited as well. And they told me to come back. I was there in 2013, and I was there in 2013, and I was there in 2013. So I was there in 2013, and I was there in 2013. But I was there in 2013, and I was there in 2013. And they had a great experience. They came up with this idea of the Great Lakes. So, yeah. But who is that in the region that believes everything about it? And is there no state for it? Yes, then you have to think about what I'm talking about. Yes. Yes, it's a little different. If a person lives, has a loss of the right to be part of it, they have to go back home with a little bit of a miss. There's also the period that you're sick. It's going to be very difficult. Is it going to be very difficult? No, it's not. I think it's going to be very difficult. But, yeah, overland. In a health care process, I can take care of it. Yes, I think it will have a lot of impact on my health. I think that, with a lot of people, it's difficult to get enough of it. You have to take care of it. You have to take care of it. It's a little bit difficult to get enough of it. But if you see that you have a lot of pain and loss of health, that is a lot harder. That is not a good idea. That I think is a little bit hard. have That you a lot of pain and loss of health. That you don't have a lot of pain, that you're sick. And that's what I really want to hear, from the fact that it's over -layed, that it's all over the place. Is it a sort of good off -site? That you have a lot of pain? Yes, for sure. That's what I wanted to hear. A hundred percent. Overall, it's what I want to hear. That's what I want to hear. If someone has a heart attack and is sick, then they don't have the person who is sick. But you have to take care of it. That's what I want. That's what I want to hear. That's what I want to hear. And if they do that, then they will have a lot of pain. And that's what I want to hear. A lot of things can be explained. And it's sort of off -site, in the sense of, no, we don't have a lot of pain. We don't have a lot of pain. So that's a big deal. Yes, that's a big deal. A big deal. A lot of people do that. And that's a big deal. For someone who has a lot of pain, that they don't have a lot of pain. But I really want to hear it. And that's what I really want to hear. It's a very important moment that you have met Okaa. And you have to think about what it can mean in one day. And you have to work with it. You have to work with it. So you can take care of it. All of that will happen. You have to work with Okaa. And if it works, then it's not going to work. And that really is a real fact. It's not going to work. It's not going to work. So it's an important moment. Our lives and our practices will work together. So if you have a partner, or maybe even a partner, you have to think about it. If it doesn't work, it's not going to work. And realize that people don't have a lot of pain. No, they can't. No. And you don't have a lot of pain. Yes. You have to have a lot of pain. No, no. A lot. A lot of pain. A lot of pain. A lot of pain. Yes. Yes. No, but I've been very much involved in my family. My direct family. My sons. My mother. My brother. My life. That I really feel very good. That it's going to work. In the end, it's a very difficult thing to do. And how I want to do it. Is the state of your life, well, on your own right. Or on your own right. But if my own right is there, well, on your own right. That's it. I find it very difficult. That you have to be good at your own right. And after all, especially from my mother, my friend, my kids, have you ever felt yourself? Yes, it's a good thing. It's a good thing for me. It's a good thing that I'm on the court. I'm in a burnout. That I overcome my own right. That's what I'm talking about. Yes, I know. I'm a good man. I don't want to sit in the bibber as a rich guy at the bank. But if I'm going to be able to do it, it's a good thing. I'm a little bit of a man, but I'm a good man. If I can do it myself, I can do it myself. It's a good thing that my son can do it himself. I'm a big man. I'm a little bit of a man. I'm good at my own right. And I find it very difficult. I find it very difficult for people to do it myself. Yes, because you go to the middle, you have a hope in Bangladesh for a lot of people who are living in the States. That's a political point. But, it's a very big challenge for people to be in the States and be able to do it. And for people to be in the States, I think it belongs to you. Yes, it does. Yes, I think... ...you feel bad in your life, or have bad in your life, then... ...it's as if you make a thing out of it, that you think... ...is it really a bad thing, or is it a drug? And I think, no, it's totally not a bad thing. The people in my life are like a group. I have other things to do. That's why I think it belongs to you. But that's what's wrong, I think. I have a lot of talk about what the ungriving of my fund is... ...but now it's more about my base. My father was a journalist. He was a doctor. My mother was a reporter. She was a reporter. A CDR. A CDR, yes. You can't blame it. You can't blame it, then. No, yes, yes. I feel that it's really a bad thing. And we can work together. We can work together. But that's not the case. No, it's not that. I think it's a drug. I think it's a drug... ...to realize that people... ...who have a letter on their hands... ...have to pay for it. I think it's a bad thing. So I don't think it's a drug. There's no social media. But I think it's a bad thing. I'm a bit scared. But we don't have that. I think it's a bad thing. Yes, it's a bad thing. It's what you're saying. Yes, it's true. It's true. But it's true here. It's true. It's true. Like Savannah was talking about. Or like a little girl. I think it's a bad thing. I think it's a bad thing. I think it's a bad thing. And then there's politics. And then there's politics. I don't think it's a bad thing. But I'm aware of politics. That's what I'm talking about. People are asking for money and money. And that's what's coming out. Irish blood. Yes, I think it's a bad thing. Yes, yes. Is that a thing you're talking about? That you're not talking about Irish blood? In my personal life? Yes, of course. We have a lot of Irish blood. We have a lot of Dutch families. But I also have a lot of Irish families. And they say that I'm poor. But when they say that I'm poor, they say that I have a lot of other problems. In family, my my mother used to say that she had children. She used to work in a mail factory. She had a lot of children. And she had children. She was very poor. So she was very poor. But it was all right. It was all right. It was all right. Everyone was welcome. It was in the eyes of nature. She was very poor. She was very poor. She was the oldest. She was very poor. But she was very poor. That's what she thought. She was poor. And she was very poor. She was only eight years old. And she wasn't very old. She had two brothers of the Philippines. But she was very poor. And she was very poor. She was young. And she was very poor. She was straight and had a coma. And that was what she knew. She had three children. She was very poor. And she was very ill, she had a lot of children. Yes, she was very ill. No, she was very poor. She was a child. And in Limerick, she used to think that I that think the state of life, there is a state of life all over the world. The state of life in the middle of the channel. It's a big part of the roadblocks. It's a big part of the society with meteors. And that's why it's so much more controlled. And not only that, but also the IRAs. They were based on the boomers. And as we know, a boomers was created. There were a lot of strangers and strackers. That was a period when a lot of people... Yeah, a lot of people were in the Republic of Ireland.
A highlight from SBF Deserves Human Rights
"Welcome back everyone. I am Cass P. Ancy. I'm joined as usual by my partner in crime, Mr. Bennett Tomlin. We're both good today. We have already recorded an episode, so we're dumping in... dumping in? That's probably the wrong way to put it. Get him out! What happened to the other? Can't even stop it! The episode's just sliding through its walls! We're pouring trash out of our mouths! We're vomiting and spewing all over you. Hey, works are all in! Not the way I wanted to start this episode, but there you go. Welcome back everyone. We're going to be talking about a subject that I wrote an op -ed about, and Bennett wrote a piece about as well in the newsletter for Protos. Something we both seem to care about that the reaction to was pretty mixed. Honestly, I expected more vitriol for my statement, but yeah, it was pretty mixed. Some people liked it, some people hated it. We're both making the argument that while it is pretty funny, in a sense, to see SPF struggling and in pain, I think everybody gets some real value out of that in terms of they're like, yes! A guy who's hurt so many people, and legitimately, right? This guy has damaged thousands of people, probably ruined dozens if not hundreds of people's lives for a significant, if not forever, amount of time. So seeing him in pain, people are enjoying a lot. But I think that it's a more important point that's being stated by him. And basically, he went to court and said that he's not getting his medications on time. He's on, as far as we know, I don't know how many medications he's on, but we know for sure that he's on NSAAM, and he's on Adderall. Now, Adderall, I'm sure most people are familiar with. It's for treatment of ADHD and some other mental disorders. NSAAM is a pretty serious drug, as far as I can tell, in terms of its effects on you. And it seems like he's taking a lot of it, for both of them. For both the, I guess I don't know, I don't know, I'm not a doctor, I don't know what a lot is. Basically, he's not getting his drugs, and he's not getting the vegan meals he wants. He wants vegan meals, and he's not getting those vegan meals, because I guess the prison system is basically like, why should he? He's not special. But therein lies the problem, which is, don't you think prisoners should be getting the medical treatment they need? And don't you think they should be getting basic food given to them, even if it's something demanded like vegan food or vegetarian food? Yeah, why don't you get us started off on that? No, I think this issue is kind of multifactorial and multifaceted, and I understand why a lot of people are having the feelings they're having. And so first I want to acknowledge that Sam Bankman -Fried's experience with the justice system has been one very much shaped by his privilege, right? Like he was able to find the people to put up his massive bond, and even after like repeated bail violations connecting with the VPN, doing all these other things, he remained free until he started doing what I'm not going to say is legally witness tampering, because I'm not a prosecutor, but that feels a lot like witness intimidation. As soon as he started doing that, now he has to go back to prison. In case anyone is unfamiliar, let me stop you right there. In case anyone is unfamiliar, just so you understand, Sam Bankman -Fried released Caroline Ellison's personal diaries. Now Caroline Ellison was the head of trading over at Alameda Research at the time of the collapse, and he released these very personal kind of sensational diaries to the New York Times, which is just wild, as you said, like he had been reprimanded before for his bail violations and kind of pulled to, he was skating on thin ice already. And I do get why people are like, well, if you didn't want to go back to jail and get treated like crap, maybe you should have thought about that. Understood. But anyway, sorry, I just wanted to give, paint a little color there. Like that's absolutely true. Sam Bankman -Fried was lucky to get the bail conditions he did and should not have been violating them. And repeated violation of bail means he should be in pretrial detention. And like one of the other things that's come up is Lawrence Tribe, a constitutional lawyer, wrote a motion, wrote a letter to the court describing Sam Bankman -Fried's treatment and like insisted that if Sam Bankman -Fried were to be detained, where he was talking about being detained, not having access to a computer would make preparing his defense much more difficult and that represented like a potential constitutional issue. And I think there's a bit of merit there. But, and this gets into like the bigger problem here, that these problems are so much bigger than Sam Bankman -Fried, right? Like not just Sam Bankman -Fried should be able to get their medications and like a diet in accordance with their moral wishes. Everyone being held in pretrial detention is presumed innocent until proven guilty. These are people who deserve to be, like, to have reasonable standards while they're being detained, should have access to things that help them prepare their defenses, should be able to receive medications they need, and the United States justice system fails to provide that for such a vast number of inmates, including, because he is there right now, Sam Bankman -Fried. Yeah, I mean, I think actually part of this for me calls into attention how serious the issues are in the justice and penal systems of the United States of America, right? Because here we have possibly one of the most famous white collar criminals of all time, not just of the past year or two, of all time. He's up there with Elizabeth Holmes and Bernie Madoff. Like this guy is going to go down in history as one of the biggest financial scammers and possibly, allegedly, maybe he'll get off and no crimes were committed in fucking La La Land. But anyway, my point here being that this guy is as big as it gets. And the fact he's still being mistreated in prison or in, sorry, excuse me, in pretrial detention in jail speaks to how broken the system because imagine how the people with no voice are doing right now. Imagine how the people who don't have money to pay for bail even, so end up in prison or in jail for weeks, if not months before they go to trial. Like these are real issues that are happening every day to millions of people, not just SBF. And that's the important part of this. That's why I'm glad there's some attention being brought to it, whether or not people agree with whether SBF should be given these basic human rights. I think he should. Whether other people think so, I guess is just how angry they are with him. Yeah, I especially understand why like other people who have had experiences with the criminal justice system might end up feeling particularly frustrated themselves because they'll be, they may see it as, I had it even worse than that and I didn't even steal $9 billion from my customers, you know? And so I certainly understand there's lots of reasons for lots of people to be lashing out, but like you said, fundamentally the thing is people deserve rights. They deserve to have access to these things that help them form their defenses and they deserve a strenuous defense on their behalf in the justice system. And those things are important, those things, we should strive to provide those to everyone. And everyone happens to include him. Yes, and a lot of these issues are totally fixable as far as I'm concerned. Like vegan meals, there's a lot of people pushing back on my statements about that. I was like, oh, give him his vegan meals, just give it to him. Everyone's like, well, he doesn't necessarily deserve to have, it's not like it's covered by the Constitution. And i .e. there are prisoners who are Jewish or Muslim in prison who are given kosher meals and halal meals, right? To meet their religious needs. The pushback for the veganism that I heard was, well, this isn't a religious thing. I want to push back on that and just say one, vegan meals are incredibly easy to cook. We're talking about rice, bread and vegetables. Like if you're not already, if you don't already have those things available for prisoners, there's a problem. All of those ingredients should be actively there for you to be able to make this thing. I know that they make vegetarian meals for vegetarian, probably because there's Hindu prisoners, and some of them need to follow strict vegetarian meals and guidelines, right? But we are equipped to handle this. We have the money, we have the rules and regulations in place that this should not be an issue. It's crazy to me to push back on the idea that this guy can eat vegan food in prison. The thing I want to highlight there is there often are legal protections for people with sincerely held religious beliefs to get access to certain things, like you're talking about kosher halal and things like that, and often our prison system fails to do what it's legally supposed to in many of those cases as well. Again, this is just an example of the pattern and history of human rights abuses across the U .S. penal system. There's a reason international human rights organizations regularly raise alarms about the U .S. prison system, and it's because there are regular and massive human rights abuses in our prison system. Yep, and that brings up another point that I brought up, which is people I think like to assume like, oh, well, this guy's a big fucking scammer. He deserves to rot in jail and get shivved and get treated like shit. I hope that's what happens. And I go, okay, just for some perspective here, 5 % of the entire U .S. population is going to spend some time behind bars. So if you're not the one who ends up in jail at some point or in prison at some point, someone you know absolutely will, 100 % sure, 100 % sure, right? If you go outside and meet people, someone you know will go to jail or prison. Do you want them to be treated respectfully and with dignity, or do you not give a shit? Do you really think like anyone who's in jail, anyone who's in prison deserves the worst kind of treatment? It's time to reflect on these things, you know? We live in a society. It's true, though. Like we shouldn't be, the fact that it's such punitive measures, right, instead of worrying about recidivism, instead of worrying about rehabilitation, instead of worrying about making sure that these people don't repeat their fucking problems when they go back into society, we're focused on hurting people as much as possible. And the reality is, if Sam Bankman Freed gets 15 years in prison or something, 10, 15, 20, and is treated like horseshit the entire time, like no human rights, do you think he's going to come out a like capable and reasonable human being? At least if you try to rehabilitate him, he's not necessarily going to be as bad. At least you can say you tried. Like just damaging someone repeatedly, we know what that does to people. So I just don't understand this at all. And I think people need to reevaluate their, like vengeance is just so easy. And I think people really need to reevaluate where their morals and ethics lie when it comes to this. I get it. It's easy to hate SPF. He is a total scammer. He lies constantly. The dude cannot open his mouth and speak any honest truth for years on end. He's like, his behavior is disgusting. He's as despicable as it gets without getting into like murder and other horrifying crimes. Right. He's disgusting. Fine. He's also a human being. Like, I don't know, man. It just the reaction was just so it was kind of like, man, I don't understand how so many people think this is acceptable. Yeah. And like that's what you're up with. Ed was about. And there was definitely a lot of people who agree that human beings deserve treatment as human beings, which is good. The other thing I want to talk about besides this, which is also something we talked about a little bit in our Reggie Fowler episode, if people want to go back and listen to that. There's been still conspiracy theories about Sam Bankman Fried and his ongoing criminal prosecution, including the fact that as part of our extradition treaty with the Bahamas, we have certain responsibilities about when charges are introduced and when people are extradited. And those were not necessarily followed with Sam Bankman Fried, which has since required certain charges to be removed from the current trial date. And the allegations either incorporated in to other existing charges or other charges are pending reintroduction for months down the line. Yes. And so those charges are not really going away. And as we've talked about before in the case of Sam Bankman Fried, if prosecutors really wanted, they could go through and add one wire fraud charge for like every single person who sent money to Alameda Research under like the false pretenses that it was going to FTX or something. Right. And so prosecutors can and potentially will still scale up his prosecution in the future if that's what they think is justified and appropriate. So I've just been a little bit frustrated with some of the conspiracy theories around those dropping of charges. And like the other thing I want to emphasize, just to kind of make sure people understand this, just because Sam Bankman Fried is pleading not guilty right now does not mean he will continue to plead not guilty. Often you are required to plead not guilty initially, even if you think you are guilty, just because like the system's not ready for you to plead guilty yet. And like that's an actual thing that exists. And I want to be clear here, too. If you have a capable legal team behind you, which as far as I know he does, you're generally not going to plead guilty right away. Why? Well, you're not going to get anything in return, right? If they don't offer you anything and you go, I plead guilty. Well, they're going to accept your guilty plea and they are going to hang you from the gallows. You've got to get something in return. And to get something in return, you're going to play a little bit of a game. And that, unfortunately, whether we like it or not, is a part of the legal system. Right. So you have to have something for them, for you to plead guilty, give them something and them to be like, OK, well, then we'll cut you a deal. And that's what SPF is hoping will happen. That doesn't mean that's what happens. That doesn't mean he gets only five years or only 10 years or who knows. But that's what SPF wants to happen. And we don't know if it will. Yeah. Sam Bankman Fried's goal, as far as I can tell right now, is basically to muddy the waters, cast doubt on key witnesses and the evidence they're introducing. Try to place the blame like his mens rea, his head state for many of these decisions. Say that that state was induced by legal counsel and other things to make it so that prosecutors don't want to add more charges. That'll be hard to prove. So that, like you're saying, he can eventually come up with some deal where he shares whatever information he does have in exchange for a reduced sentence. Yada, yada, yada. That's the meta probably of what his team is planning to do. The other thing I want to emphasize to people is from where I'm sitting, and again, we're not lawyers, we're definitely not prosecutors, we're not experts. But it seems quite likely to me that Sam Bankman Fried is going to prison for much longer than Sam Bankman Fried would want to go to prison. Any time is more than he wants. Yeah, but there are already guilty pleas from almost all the rest of like the top executives at FTX. They have full cooperation, access to all the communications, like all the text messages, all the records, all the logs. They have such an over what, four million pages or something was the initial like discovery they're sending over to him. There are massive quantities of evidence, powerful cooperating witnesses, like he's in a really bad place. And that's just for evidence. I want people to understand that. This is just, we're just saying like, oh shit, there's a lot of evidence against this guy. So he's in trouble on that front. But I want to point people to a recent guilty white collar criminal, Elizabeth Holmes, okay? She is going to be doing nine years in a federal prison, okay? She just had her second baby. She was pregnant during the trial. If that isn't going to win you some, you know, benefit of the doubt and some, oh my gosh, well at least, you know, she's a mother now. We got to make sure that she's able to spend time with her kids and they don't grow up without a mom and blah, blah, blah. She's doing nine years behind bars for her crimes. She didn't hurt nearly as many people as Sam Bankman Fried. She only hurt mostly just very wealthy people. So like in terms of that, just reflect on that, right? That's nine years for someone who did essentially a smaller fraud that hurt less people and is a more sympathetic character. You think SPF is going to get off? Fucking wake up, dude. There's not a chance in the world. I'll bet anyone. If you think he's not going to, if you think he's genuinely going to do no time, I'll bet anybody. I'll bet anyone. But Cass, Cass, he donated to President Biden and was part of some vague conspiracy involving Zelinski. And he met up with Gary Gersler, right? Whatever. I just don't, it's so, it's so, I'm so past it. And then, and for me, the one thing I also want to emphasize here is how obviously failed the cash bail bond mechanism is in general, right? And I think proof of this is SPF. SPF gets $250 million bail bond. Obviously, the way it works, in case anyone's unfamiliar, is you pay roughly 10 % of that and you can get out. If you don't have the money to pay for it yourself or the collateral to pay for it yourself, you can usually get a bail bondsman to take on that, that collateral obligation for you partially, and then you have to pay back a loan on that obligation. What did this accomplish, right? We have to reflect on this. What did it accomplish? He put up, they put up $250 million to get Sam Bankenfried out of detention. Then he goes out, he starts spreading rumors, getting in touch with journalists he's not supposed to, breaking all the rules of the bail that he was given with this money and this collateral, and now he's back in detention again. So it accomplished nothing. It allowed him to break some rules and, as you said, muddy the waters and make things more complex and weird. Another individual who just got a big, gigantic, I think the largest in history in terms of actually being paid for, Joe Lewis, who is the owner of Tottenham Hotspur and the Albany, which is where SPF was living when he got in trouble. This guy just got in trouble, too, for insider trading and fraud, and he put up a $300 million bail with his yacht and private jet. So what do we think this is going to do? I mean, this guy's a billionaire. He can buy a new jet tomorrow. He can buy a new yacht tomorrow. It doesn't matter. He can go run away if he needs to. Nothing is going to stop him from doing that, right? Unless you put an ankle monitor around him. You ensure that you're tracking him with GPS and satellite tracking, that you ensure that he isn't leaving the country. You take his passport. There are protocols to ensure it, and none of it has to do with money. We need to get rid of this cash bail bond system, like, immediately. It doesn't make any sense at all. I strongly agree. I think the cash bail bond system is, like, one of the clearest examples in our criminal justice system of how we have codified a certain privilege for the most privileged, right? That once you have money, you can avoid these things that others can't. And as you're saying, the only real differentiator between these cases is whether or not you have money when you're accused of a crime. That shouldn't be the goal of our system. The platonic ideal of our legal system is one that treats, like, the most downtrodden and the most, like, wealthy and powerful as equal as you possibly can. And, like, there's limits within reason of how far you can take that, perhaps, but, like, that's the ideal, and cash bail bond is just one example of where we don't even try to do that. Yeah, that's right. It's just an obvious advantage for rich people, and really no advantage for anyone who doesn't have the income to deal with this kind of thing. Yeah, it's just a very gross, gross, broken system that needs fixing. Well, and if you listen to, like, testimony of certain convicts and stuff, like, when you are destitute prosecutors and DAs have been accused of using that as leverage, basically, because they know you're going back into whatever horrible detention facility you're in, they know you're more desperate to strike a deal or to say whatever to do whatever because you don't want to go back. Right. And to be clear, like, it's one of the founding principles of our country is kind of this innocent until proven guilty, right, that you aren't going to be treated like you are guilty, even if everyone, like, watched you do the crime. Like, until we prove it in a court of law, you are innocent, and so, like, reasonable bail without having to pay an arm and a leg just seems like the right thing to do here as a country to follow our guiding principles. Like, maybe I'm shouting into the void here, but like this, it's just something I think is necessary for us to talk about, and something I really do think can be fixed within our lifetime. Like, I don't expect the entire penal system to get overturned. I hate the idea that private prisons do what they do in our country. Yeah, that they exist. Like, that they aren't more heavily regulated. Like, that's why there's so many people in prison in our country. I have no doubt about that. But, like, if we're not going to change that anytime soon, and we're not, then the least we can do is ensure that bail bond is working properly, that prisoners are getting their medicine, that prisoners are getting the food that they need. Like, obviously within reason, right? If somebody says, I'm on an only Wagyu steak diet or something, I understand being like, go fuck yourself. Who's going to be the first indicted Bitcoiner to argue that they have a moral conviction that requires them to have only red meat? I would think they would already be in there, right? There's got to be a few dudes who are already in prison trying to argue that already. That I don't fucking buy. There's a limit to even how far I will go in terms of my sympathy. But yes, I do think we need to reform this stuff. SPF is a good jumping off point for that, so we thought it was worth talking about. I understand some people are just going to be like, SPF isn't going to change this. But we can make this a point of retention of this information for everyone in crypto. To be like, we need to change this. A lot of people do focus on this stuff and they understand the corruptness of it in cryptocurrency, and that's good. But a lot of people also don't care about criminal reform and the justice system. And I think it's probably time to think about it. Because some of you are definitely going to go to prison.
A highlight from SEC GARY GENSLER CONTINUES CRYPTO FUD, BILL HINMAN PROMOTED, FRANKLIN TEMPLETON BITCOIN SPOT ETF, & COINBASE VECHAIN!
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, scumbag regulator Gary Gensler testified before the Senate Banking Committee today and there weren't too many takeaways. He continued his lies about crypto, saying it's ripe with fraud, manipulation and, you know, his same bullshit narrative. But what we saw, there was some more members pushing back and asking him questions about regulation by enforcement. When are you approving the Bitcoin spot ETF and much more? I believe there's going to be more fireworks and more pressure on him in the House Financial Services Committee at the end of the month. So today, crypto made up a small portion of the questions that Gary Gensler got. He got a lot of questions around A .I., ESG and so forth. Here are some takeaways from some of the questioning that he received. The first is from Senator Steve Daines, a Republican out of Montana. The vast majority of the agency's rulemaking agenda has been a voluntary undertaking. Chair Gensler, you are not an elected official that is beholden to your constituents. You are an unelected bureaucrat that has taken it upon himself to reshape American markets. We do all we can do based on Congress's authority, Gensler responded. Not to be fair, Congress makes the laws. But Gensler, of course, is a corrupt bureaucrat out of control, right? He could be trying to put out clear guidelines working with Hester Peirce, who has provided many great solutions, such as the safe harbor proposal, and to be working with the crypto industry until Congress acts. But of course, he's not doing that. I just look recently, CFTC Commissioner Caroline Pham, she introduced a pilot program or proposal for a pilot program to work with the industry. So he could be doing these things. But of course, he's not. We know he's a puppet on strings controlled by the bankers in Wall Street who are looking to weaponize him, or they are weaponizing him, to shut down, to kill these crypto startups, such as Coinbase, such as Ripple, and so to allow his big buddies like the BlackRocks, the Goldman Sachs, and JP Morgan to come in and take over this market. Now, here's what Senator Bill Hagerty, Republican out of Tennessee, said. He asked what the SEC would need to see in order to approve a Bitcoin spot ETF, an issue the industry has been increasingly frustrated with. We're still reviewing that decision, Gensler said, about a federal court granting Grayskills petition for review of the SEC's denial of its Bitcoin ETF. I'm looking forward to the staff's comments. Now, once again, not much grilling happening. Yes, he got some criticism, but nothing like what the last House Financial Services Committee was like, where Patrick McHenry and all these folks were grilling the hell out of Gary Gensler. So this is pretty softball.
Monitor Show 07:00 09-12-2023 07:00
"659 on Wall Street. Stay with us. Bloomberg surveillance with Tom Kean, Jonathan Farrow and Lisa Abramowitz starts right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. Center banks around the world, both developed and emerging, are fighting inflation. I really think it's about ECB policy, how that relates to Fed policy in this US dollar. The consumer remains strong, so there kind of continues the challenge that the Fed has. The last mile is going to be hard, but I do believe that we are very much on that disinflationary trend. I think we're in this very like hold your breath kind of moment. This is Bloomberg surveillance with Tom Kean, Jonathan Farrow and Lisa Abramowitz. In many ways the week begins today. A from New York City this morning. Good morning, good morning for our audience worldwide. This is Bloomberg surveillance on TV and radio alongside Tom Kean and Lisa Abramowitz. I'm Jonathan Farrow. Your equity market slightly negative by 0 .2 % on the S &P 500. Tomorrow the big data point. CPI just around the corner tomorrow morning. Stateside, before we get there, later on this afternoon a much anticipated iPhone 15 launch, Tom, after a week of weakness from that Apple stock. Can we try to get Apple tied into the CPI report? Can we do one strike? I don't think we can. Higher prices. There it is, you know, there it is. We're going to see it this afternoon. We've got a full Bloomberg technology team. Ed Ludlow, Caroline Hyde. Styling, they're there. Bases loaded, TK. You know, it's going to be there. They're doing, I think they're doing a new iWatch, iWatch not getting much traction. AirPods better get traction. Another set. Well, we've got, we've got an odd set under the couch, so we've got to replenish. With a new set.
Monitor Show 14:00 09-10-2023 14:00
"Regional illicit economy that will pose both security challenges, but also, of course, long -term health challenges. Caroline, thanks so much for speaking with me. Thank you so much. Thanks for listening to us here at The Big Take. It's a daily podcast from Bloomberg and iHeartRadio. I'm Wes Kosova. Stay with us. Today's top stories and global business headlines are coming up right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is a Bloomberg Money Minute. The manufacturing industry is having a tough time recruiting more women. According to the U .S. Census Bureau, while women make up about 47 percent of the American workforce, only 30 percent work in manufacturing. Carol DelDecchio, assistant professor at Goodwin University in East Hartford, Connecticut, says outreach needs to improve. Goodwin, as its own specific entity, has a mobile trailer. It's a manufacturing trailer. And they go around the state to middle schools and high schools talking about manufacturing and showing students what the possibilities are. She adds that manufacturing companies are starting to make adjustments. Before, we used to expect degrees in education and then train. And I'm seeing more show up, participate, we'll train you. I'm seeing more of companies reaching out into the workforce instead of kind of sitting on the mountaintop waiting for people to come to them. It's just a wonderful time to jump into construction in the trade. Lisa Mateo, Bloomberg Radio. You're never completely ready to adopt a teen. For late nights writing English papers. For your teen's music taste. For dinners where they talk more on their phone than with you. For the first time, they call you mom. You're never completely ready.
A highlight from 663:BRICS Currency Launch and CFTCs DeFi Conflict
"And it's 10 p .m. Pacific on Friday, September 8th, 2023. Welcome back to the Crypto Overnight, where we have no sponsors, no hidden agendas and no BS. But we do have the news, so let's talk about that. Tonight, we're diving into a geopolitical shakeup as the BRICS nations reveal their own banknote. Will this be a challenge to the US dollar? The CFTC is setting its sights on DeFi firms. What does that mean for the future of decentralized finance? We'll also discuss a new pilot program proposed by CFTC commissioner, Caroline Pham. Is this the road to regulatory clarity? Then, library is taking its fight against the SEC to the next level. What could this appeal mean for the crypto community at large? In international news, Thodex CEO gets a jail sentence that's hard to fathom. North Korea's Lazarus Group pulls off a staggering $41 million dollar heist. Can the crypto world ever be safe? Plus, the UK's FCA makes a U -turn on crypto advertising regulations. Is this relief or a trap? Stick around to find out. I do believe that this is a first for the Crypto Overnight. You see, this is the first story suggested by a listener. Wong Johnson left me a message on my YouTube channel suggesting I look into this story, and it's a good one, folks. So, thanks for the suggestion, and keep them coming. The first variant of the unique currency for the BRICS Association has been unveiled. The Russian ambassador to South Africa showcased the BRICS 100 banknote at a ceremony in the UAE Embassy in Pretoria. The banknote features the flags of Brazil, Russia, India, China, and South Africa. Now, if you're listening in on YouTube, look up at the screen and you're gonna see a copy of the currency. After the demonstration, the banknote was handed over to the ambassador of the UAE. The recent BRICS summit announced six more countries would become full members by January 1st, 2024. Those countries are Saudi Arabia, Argentina, Egypt, Ethiopia, Iran, and the UAE. The expansion has led to concerns about its impact on the U .S. economy. However, internal unrest within BRICS makes it hard to see it as a serious threat to the U .S. BRICS holds over a third of the global GDP after the expansion, raising questions about its potential impact on the U .S. dollar. Venture capitalist Chamath Palihapitiya expressed skepticism about BRICS nations working together. He highlighted the regional rivalries and differences in democratic governance among the member nations. He doubts that BRICS could develop a currency framework to compete against the U .S. dollar due to these internal conflicts. That said, the unveiling of the BRICS 100 note is a significant step towards financial autonomy for these emerging economies. It's a direct challenge to the U .S. dollar's global dominance. The expansion of BRICS to include six more nations amplifies this challenge. Imagine a world where a third of the global GDP is conducted in a currency other than the dollar. That's a potential upheaval of the existing financial order. However, it's not all smooth sailing for BRICS. Internal strife and skepticism from influential figures indicate the road ahead is fraught with obstacles. And that skepticism isn't unfounded. The member nations have conflicts of interest, which could hinder their collective goals. But let's not forget, these are the same nations that have been systemically marginalized by existing financial systems. Their distrust of the West could be the glue that binds them. Any move away from the dollar is a potential win for decentralized currencies. If BRICS succeeds in establishing its own stable currency, it could set a precedent for other alliances to do the same. And if that happens, the U .S. dollar's monopoly could crumble, opening the door for cryptocurrencies to step in. But for now, it's a waiting game. BRICS has made its move. Let's see how the world responds. As we navigate the unfolding drama around BRICS and its potential to shake the very foundations of the U .S. dollar, let's pivot to another sphere where the status quo is under threat, decentralized finance. The Commodity Futures Trading Commission set its sights on the DeFi world and the implications are staggering.
A highlight from NEW CFTC CRYPTO REGULATION PROPOSAL! LBRY APPEALS SEC - PALAU XRPL FUD, POLYGON MATIC TOKENIZATION
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google or wherever you get your podcasts, be sure to hit the five star rating. It supports the podcast and it doesn't cost you anything. Well, folks, we've got big news coming out of the CFTC. CFTC Commissioner Caroline Pham is proposing that the agency roll out a pilot program to start regulating the crypto markets. Folks, this is great. This is what leadership looks like and how these regulators should be working with the crypto industry. But of course, we're dealing with scumbag regulator Gary Gensler, who has been using regulation by enforcement, has politicized the SEC and really thrown the market into a mess. Right. A lot of entrepreneurs and companies are leaving the United States because they don't have clarity. But we know Gary is corrupt. He's a puppet on strings. He's doing the bidding of his masters on Wall Street. Many of the tradfi incumbents who are getting disrupted are using Gary Gensler. They weaponize them to go after crypto startups to kill them. Right. Not that crypto is going to be killed or crypto is not here to stay, but rather move these startups so that his tradfi buddies can come in and take over. So I tweeted out, this is an awesome this is awesome and what real leadership looks like. And this is reasonable. It's a proposal that makes sense to work with the industry and figure out how things are working with different crypto companies and much more. So let me give you the details of what she's proposing. The U .S. watchdog for derivatives markets could create a limited pilot program for regulating crypto currencies, said Caroline Pham, one of the members of the CFTC. Here's a quote. I'm recommending a time limited CFTC pilot program to support the development of compliant digital asset markets and tokenization, said Caroline Pham, who told or who holds one of the Republican seats on the five person commission in remarks prepared for a Cato Institute event on Thursday. Now, there's some more details here. After holding a roundtable, gather ideas. She said the agency should set up a program for a specific period of time that incorporates many of the components drawn from the past pilot programs, including registration and eligibility requirements, financial resources and other conditions, risk management, products and contract terms and other requirements, including disclosures and reporting. Pham, who leads the CFTC Global Markets Advisory Committee and established its subcommittee on digital assets, has suggested a number of crypto initiatives since she passed her purse, her counterpart at the SEC to host joint crypto roundtables with the two regulators. But the CFTC is led by Chairman Ralston Benham, a Democratic appointee who hasn't embraced an industry friendly posture for the agency. So you kind of have some issues here with Ralston Benham, who's like Gary Gensler, Democrat appointed, and they are doing the bidding of the Biden administration, which has not been crypto friendly, but they can't stop this train. The genies out of the bottle, they may slow it down. Don't get me wrong, but they can't stop the strain. Crypto is greater or I should say bigger than just the United States. Other countries, markets and regions are embracing the technology or passing crypto regulations. We saw the EU and the UK do this. So things are moving ahead. We just need Congress to act here. But I love this proposal by Commissioner Pham. This is what once again, real leadership looks like. And these folks, the regulators should be working with the industry, working closely to figure out how can we get this right, right? Work with the good actors, weed out the bad actors. So we don't have an FTX and a Celsius situation again. But once again, you've got the corrupt rat scumbag that is Gary Gensler, who has the entire market in a mess. And we need Congress to act, folks. And we need to support folks like Commissioner Pham and Hester Person, many more to help get the message across that there is not clarity in the market and regulation by enforcement does not work. Now, before we continue, a quick word from our sponsor, and that is linked to, which makes private equity investment easy. Linked to is a great platform that I personally use. They allow you to get access to companies before they go public, before they do an IPO within their portfolio includes different verticals such as crypto, AI and FinTech. Now, I'm, of course, interested in the crypto companies. And there are many, many very big names here from the crypto industry, such as Circle, Ripple, Chainalysis, Dapper Labs, Polysign, Ledger and many more. So great platform to get access to equity and diversify your portfolio. It's really an opportunity that has not been open to retail investors in the past, folks, because you had to be part of a hedge fund or some investment firm to get access to equity before these companies go public. So really, really great opportunity. So be sure to check out link to link will be in the description. All right. Next big news we got here is that library. Yes, the library, which, you know, they lost their case. They have filed a notice of appeal. Very interesting and very smart because what has been taking place over the past two months with Ripple's victory and Grayscale's victory shows there is weakness and there's more case law. Now, when I say weakness, weakness on the SEC's narrative, their attempt to try to kill good actors and crypto startups. And obviously the law has not been on the SEC side. So library throwing the appeal in here, very, very smart. And not to mention what's going on in the Coinbase case. So we shall see how this goes. I don't know if they are going to win the appeal, but I think it's very smart of them to definitely check this out and see if they can get it. Because once again, there's case law given the ripple situation, secondary market sales and all that jazz. So really, really excited to see how this goes because I think library was unfairly picked on by the SEC. One of the good actors legitimately trying to build a great platform that I was personally using, I was getting library tokens from publishing my videos and watching videos on the platform. But in came the SEC to protect me from library. Pretty, pretty nuts. And here Ripple's David Schwartz, which he was at APEX Dev Summit, which has been happening this week, and he made some opening remarks which got the crowd going. And this is on the future outlook of the XRPL on day one of the APEX Dev Summit. He said, other than Bitcoin, XRP is now the only digital asset with regulatory clarity in the United States. Yeah, I'd applaud that one or for that one, too. And the crowd went kind of nuts. So highlighting here, you know, what's been happening and trying to get folks to know like, hey, you can come build on the XRP ledger. You don't have to worry. You know, this we have the clarity from the judge, of course. Now, there was some thought around the XRP ledger being used by Palau. There was probably Bitcoin Maxis are behind this because it was published by Bitcoin .com. So here, J. Hunter Anson, who's digital residency officer director, part of the Palau Ministry of Finance, he said, not accurate. Palau is absolutely looking forward to continuing our partnership with Ripple using the XRPL to refine our stablecoin solution design. The Palau stablecoin was always a temporary research and development pilot. Originally scheduled for 60 days, we've actually extended it another 30 days to test some additional use cases discovered along the way and allow more people to participate due to popular demand. We need time to compile data and complete our report to government leadership. The report will include recommendations for the next pilot and also requirements for a full production program.
Monitor Show 19:00 08-29-2023 19:00
"More with Walmart. We expanded our hours and we'll be able to reach a lot more of the Dallas -Fort Worth area. All right, that was, of course, the wing CE, chief financial officer. This is, of course, Alphabet's wing unit. Shannon Nash, chief financial officer of Alphabet, wing unit there, speaking to our very own Caroline Hyde and Ed Lullo. The next hour of Bloomberg Daybreak Asia continues right after this. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is Bloomberg Daybreak Asia for this Wednesday, August 30th in Hong Kong, Tuesday, August 29th in New York. Coming up this hour, bets on a US rate hike are being scaled back after disappointing economic numbers. A court ruling paves the way for the first Bitcoin ETF, and China's largest banks are preparing to cut interest rates on existing mortgages and deposits to help shore up the economy. Vladimir Putin will be heading to China. Hurricane Idalia continues to strengthen in the Gulf before hitting Florida tomorrow. The 10 drugs the government will negotiate prices for have now been named. While in sports, round one of the US Open continues in New York. I'm Dan Schwartzman. I'll have news and sports coming up. That's all straight ahead on Bloomberg Daybreak Asia. On Bloomberg 1130 New York, Bloomberg 99 .1 Washington DC, Bloomberg 106 .1 Boston, Bloomberg 960 San Francisco, Sirius XM 119, and around the world on BloombergRadio .com and via the Bloomberg Business Act. Could be a risk on day for markets in the APAC. It's a little past eight in the morning in Tokyo. We'll have trading in Japanese stocks in about an hour from now. We'll also get the action underway in less than 60 minutes.
A highlight from Resilient Relationships The Talk Show with Drs. Christian and Caroline Heim
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A highlight from RESILIENT RELATIONSHIPS THE TALKSHOW EP1
"And that's it for this video, thanks for watching, and I'll see you in the next one. All right. Okay. All right. Go on. No, no, you start. All right. I'll start. I'll talk about Caroline. No, I want you to talk about yourself. Come on. Don't talk about me. All right. You're a psychiatrist. Talk about that. Talk about your journey as a psychiatrist. Journey as a psychiatrist? Why are you interested in relationships? Okay, so let's put that into a nutshell. So a psychiatrist is a specialist doctor. So I trained as a doctor and became a general doctor in a hospital, doing all sorts of things, helping out at heart surgeries, taking care of patients that had trauma, injuries, all sorts of things that happen in hospitals, then comes the time that you start to specialize in one area. And I chose psychiatry. One of the reasons that I chose psychiatry is I just felt very at home in the mind, in the brain, in the area where we make decisions, rather than in a piece of the body. All right. So I could have chosen the heart, right, in cardiology. That's a lump of the body, isn't it? Yeah. It is a lump of the body. Kidney is another lump of the body. Oh, another lump? Yeah. But okay, so let's look at the brain. So is the brain another lump of the body? In a sense, it is, but the people who look at it as a lump of the body, that sounds bad. It does.
A highlight from SBF Behind Bars: Why Revoked Bail Is a Big Deal for Cryptos Biggest Trial - Ep. 533
"In my experience, some defendants, some clients, when they're open in prison, they'll retain. They really want or are more interested in pleading. Hi everyone, welcome to Unchained, your no -hype resource for all things crypto. I'm your host, Laura Shin, author of The Cryptopians. I started covering crypto eight years ago, and as a senior editor at Forbes, was the first mainstream media reporter to cover cryptocurrency full -time. This is the August 18th, 2023 episode of Unchained. Arbitrum's leading Layer 2 scaling solution offers you ultra -cheap and lightning -fast transactions, all with security rooted on Ethereum. Visit arbitrum .io today. Today's episode is brought to you by Overtime Markets, your premier Web3 sportsbook. The innovative protocol is changing the game one match at a time. Powered by Thales, explore more at OvertimeMarkets .xyz. With the Crypto .com app, you can buy, trade, and spend crypto in one place. Download and get $25 with the code LAURA. Link in the description. If you've been enjoying Unchained and find the discussions here fascinating, mind -blowing, or as crypto tends to be, downright bonkers, please share this episode with a friend to keep the conversation going. Today's guest is Brian Klein, partner at Waymaker. Welcome, Brian. Thanks for including me and having me on the show, Laura. I'm a big fan, and I've listened to many of them. Excited to have you. Former FTX CEO Sam Bankman -Fried had his bail revoked, and he got sent back to jail last week. What appears to have tipped things over the edge was that he leaked parts of Caroline Ellison's diaries to the New York Times. And Judge Lewis Kaplan said when he revoked the bail that he believed SBF had likely intended to get two witnesses to back off and not cooperate as fully with the government, Caroline Ellison being one of them. Do you agree with the judge's decision on this, and do you agree that those were likely Sam's intentions? Well, I think the defense has said those weren't Sam's intentions, and obviously the government took a different view and the judge agreed with the government. Judges do take that very seriously. Usually a condition of release for any defendant is you not contact any of the other witnesses in the case, and that you'd not try to do things. And just a general precept of that is you not try to do anything that would intimidate them from coming forward and testifying, especially when they've been identified. And there you're referring to how we contacted the former general counsel via text message, kind of implying that you should try to be on the same team. Is that what you're referring to? Well, I think that can be one thing, contacting somebody directly. There may be reasons you would contact someone, though. For example, you may still have business dealings or other things. Sometimes you will clear that through your lawyer or even through the court and have a carve out. That wasn't done from what I know in this case. And as for the Karen Ellison situation, I mean, what's been reported is he had a meeting with a New York Times reporter at his house or his parents' house and provided his diary to the reporter. And the story came out and it was somewhat salacious. And I think the judge and the government felt that that was a way to try to get her to back off from wanting to testify, bullying truthfully at this trial. She is an expected witness, one of the government's key witnesses, from what we know. And I think there have been a number of other incidents that had gotten the court's attention about Sam when he's been out. And so I don't think people were surprised that he was detained. I think most people I've talked to were surprised he wasn't detained from the start. And so now that he's detained, though, that really does change a lot of the dynamics or preparation for trial. And it does make it much tougher on the defense to prepare for trial. And just a quick point. I think at the time of his extradition from the Bahamas, there was speculation that the reason he was released on bail was that he had made it a condition of his extradition. Do you think that theory holds water? Oh, yeah, it's very possible. A lot of times when a client is being extradited, if they agree to waive extradition, which is what happened here. So he stopped his fight in the Bahamas and said, I will come back. That often is something that the defense will try to negotiate with the government because it is important for a defense lawyer to have full access to their client and just having your client available to answer the phone, meet with you, respond to emails, look at all the discovery. It's just a thousand times easier when they're out and at a residence or somewhere that you can quickly do that with them. Now, Sam is in detention. He's in jail and he was much more limited access. So it's just a much harder preparation for trial, much harder for the defense to work with their client. And his side has appealed his detention. How likely do you think it is that they'll prevail? I don't think it's likely. I think it's a tough road for them. I understand why they would appeal and they filed it. We haven't seen the briefings yet, so maybe there are arguments I'm not aware of. Judge Kaplan is a very well respected member of the bench here in the Southern District of New York, a very seasoned judge. I haven't read the transcript of that hearing, but I'm sure he documented his reasons very well and is given a lot of discretion under the rules. So I think it's unlikely that it would be changed. Again, judges are given a lot of discretion in this area of the law. So walk me through now what it is like when the defendant's side is preparing for trial under conditions similar to what he had at his parents' home under bail versus what it will look like now that he's in Metropolitan Detention Center in Brooklyn. Sure. So when someone's out, I mean, they may be restricted in terms of where they can go otherwise, but they're always given access to their lawyers. That's one of the almost always a carve out is that they can go to meet with their lawyer. They can get on the phone with their lawyer. Usually you're given the ability to email with your lawyer, sometimes not hanging on the crime or the alleged crime. And so that depends, but it's just like anything else. You can pick up the phone and call your client and talk through an issue or you can invite your client in, or you can go meet with your client and look at documents together. And it's just, there's no set times or hours you can do that. Once someone's been detained, those facilities have lots of other people there. They have their rules about when you can come, they have lengths of stay, you can stay. In entry, you could probably show up in the morning and stay a long time, especially in the lead up to trial, but you're bringing documents in and out. Your client is now detained. Sometimes there is a lockdown at the facility. No one can get in or get out. Sometimes, you know, there's some other incident that makes it hard to see your client. And so it's just a much more restricted interaction and it makes things a lot more difficult. You can't just do things on the fly. You have to really sort of plan more ahead. Again, it's not impossible. Many people are detained and prepared for trial with their lawyers and it's affected, but it just is a hurdle that defense lawyers really don't like to have. They don't have to, of course. And you know, it affects the client, it affects the defendant. I mean, he is now getting, he had some, he was detained a little bit in the Bahamas for a short period of time. Now he's going to be detained leading up to trial. A lot of prosecutors view that as a favorable thing. A lot of times, I think it's sometimes more likely that the defendant will choose to plead guilty once they've been detained for a number of reasons. So it's just overall, it's an advantage to the government and a disadvantage to the defense when someone is detained. And just a quick question. Earlier when you said that the defense lawyers will have to bring documents in and out, do you mean that they can't just go over things on a laptop together, but they have to literally print out physical documents and bring those in? You can get permission to bring a laptop in. It has to be usually a laptop that just has those documents on them. And so it's just more cumbersome overall. And the client, the defendant can keep documents in their cell. They are usually given a box and it's marked attorney -client approach or something like that. It depends on the jail. So there is a way to do things. And for them to hold documents or view them on their own, it's just more cumbersome. You know, they can't just come to your office and go work in a conference room and have lots of boxes of documents around them and be shuffling through them and looking through them with you. You know, these rooms typically where you meet them are small, very small conference rooms, not comfortable. The lighting isn't great. You know, this is a jail, right? It's not designed for comfort or for ease of meetings. The jails take their mission seriously in my experience of giving the lawyers access. You get more access than just the, his parents will get to him. Again, it is a burden and it wouldn't surprise me. I'm not saying this will happen, but it wouldn't surprise me if the offense asks for continuance of the trial date based on this. It may be that Sam does not want a continuance because he's there and he wants to get the trial as soon as possible, but the additional burden may mean there is a request for a continuance. Which means a delay in the start date of the trial? Yes, possible. This will lead to a request for that. The signs do not point to that right now, to be clear, but that is possible. And you also said that in this type of situation, the defendant is more likely to plead guilty. What do you think the odds are of that? Sometimes the defendant is more likely to plead guilty. But yes, I think, I think in this case, the odds are not high. I mean, this case has been litigated for months now. The charges are serious and extensive. There's been no indication that there are plea discussions. Every side has been filing motions, doing the things you would do as if you're really preparing for trial, not engaging in plea discussions. I'm confident just because I know how the process works. In any case, there is at least some back and forth about the possibility of a plea, whether the defense asks about it or the government just says, hey, if your guy's interested, here's what it would look like. So that probably happened at some point. But whether there's ongoing discussions, I don't know. It's just in my experience, some defendants, some clients, when they're open in prison, they're written tain. They really want or are more interested in pleading. Part of that is because the jails typically are much, you're in a mixed population with lots of other defendants, both people accused of violent crimes and nonviolent crimes. Whereas if you're a white -collar defendant and you plead guilty, oftentimes you'll get sent to a camp, which is a much more humane facility, much more comfortable, not saying it's comfortable, but more comfortable. And you're usually only in with non -violently accused defendants. So you're not with like violent drug dealers, for example, or if you're at a camp, typically. So your fellow prisoners are more like you if you're a white -collar defendant. And so usually people, when they're out, they're not dealing with that sort of situation. Sam was at his parents' home, which is presumably a comfortable, nice house in the Bay Area. Now he's sharing a prison cell or maybe by himself because he's a high -profile defendant, but he's in an uncomfortable prison cell. In a moment, we're going to talk about why it is that Sam didn't just plead guilty. But first, a quick word from the sponsors who make this show possible. Overtime Markets is your premier Web3 sportsbook. Overtime is an industry -leading Web3 protocol where users can immerse themselves in the thrilling world of sports. Leveraging the benefits of decentralization and blockchain technology, Overtime leads the charge in innovation, all the while offering fans juicy token rewards for sports events. Overtime supports over 40 leagues and utilizes advanced smart contracts to ensure a seamless user experience. Discover the future of sports trading at OvertimeMarkets .xyz. Arbitrum stands at the forefront of innovation as the premier suite of Layer 2 scaling solutions, bringing you lightning -fast transactions at a fraction of the cost, all with security rooted on Ethereum. From DeFi to gaming, Arbitrum 1 plus Nova is home to over 500 projects. And with the recent launch of Orbit, Arbitrum welcomes you to build your very own tailor -made Layer 3, or an Orbit chain. Propel your project and community forward by visiting arbitrum .io today. Back to my conversation with Brian. Sam is facing a trial in which three of his co -conspirators have already pleaded guilty. And as you mentioned, there are, like, numerous reasons why somebody in his position might do that. But why do you think he hasn't? You know, I'd be guessing like anybody, of course. I think there's a number of factors probably at play. One is, I suspect that the prosecutors, to the extent they offered a plea offering, they're not required to, to be clear. There's no obligation to engage in plea discussions. There's no legal requirement that there be a plea offered. Sam could always walk in any day and plead guilty to any of the charges. He's obviously pled not guilty. But if the prosecutors have made an offer, and I suspect they have, it's probably for extensive prison time. I would guess 25, 30 years or more, you know, they're seeking if he's going to plead based on the allegations of the loss here, which are, you know, billions in the scope of the number of victims, alleged victims and everything. So, victims alleging the indictment. I suspect for whatever reason, you know, based on his own counsel with his lawyers and probably with his parents, he is not willing to consider that at this time. Now, again, his mind could change at any point, and he may ultimately choose to plead. But I think the moment for him to plead and get the most credit for it was early on, at that point, he could have pleaded. He could have cooperated in a sense with the receiver and done lots of things like, they would love to pick his brain and figure out what happened here and what all these accounts mean and everything, right? You can imagine, right? And so, the three who did, we understand are cooperating and they will get credit for that. Presumably, we have a judge who will sentence them, but he's chosen not to. So, you know, I guess if you watch his media interviews, they'll lead up to the charges. I don't think it's that surprising that he hasn't chosen to plead, because the way he talked about what happened, the way he's presented himself publicly, both before his arrest and since his arrest, does not give any indication that this person is someone who is inclined to plead guilty. Both sides filed motions in limine on Monday. Can you explain what that means and then also give an overview of what each side said? Sure. So, there's really two sets of motions typically in federal court in a criminal case. One set of motions is early on in the case where a defense might move to dismiss a case or suppress evidence. Call those substantive motions in a sense, and that happened here, right? The defense moved to dismiss the charges, the judge denied it. And that's over. Now, you're at the next phase of the case where you're getting ready for trial. In a trial, there's obviously a lot of things happening. Witnesses get up to testify, exhibits are being put into evidence. And so, both sides have sort of started to think about the trial, what it would look like, and they are telling the judge through their motions, hey, the other side shouldn't be allowed to make these arguments or introduce this evidence, or we want to make these arguments and introduce this evidence and you should let us do that. And they were looking at the rules of evidence typically, which govern that. And so, judges want this, they want these issues fleshed out before the trial started so that they get a sense of what the issues are and if possible, they rule on them because it allows a trial to proceed in the orderly of fashion as possible. And the way I think about it is like, if you look at a trial, it's not a perfect analogy, but it's like a play or a show, right? You want to know like kind of the framework of like, okay, how many characters are there and what are the props, right? And that's kind of what this is. Who can get up on stage and talk and what props can they use? And you want to know that before you start to play. You don't want it free for all when the play starts where everyone's just grabbing props in the back, trying to put them on the stage. And the stage manager, in this case, the judge, or the director, will be like, no, that shouldn't be out there. So, not the best analogy, but I think that sort of is what's happening here. One thing to keep in mind is judges often reserve rules. So, it's very often that you'll file motions and eliminate, and the judge will, with all of them or most of them, say, okay, I hear your issue, but let's see what happens at trial. Like, let's see if that really happens. Let's see what the government says, or let's see what the defense really does. Like, we need to see it play out a little bit. It's premature. That's a very common judge response to motions in the way. Now, some issues they will want to decide in advance. There might be some exhibits or some witnesses that are so provocative or incendiary that if even just allow it to come into play, would just, you know, cause a lot of problems later if they, if the prosecutor, like, mentioned it in their opening argument and said, we're going to introduce this evidence. And then later the judge excluded it. That could be a real issue, both for the government, maybe for the jury, and creating an appellate issue. So, judges do want to see this. They filed, both sides filed extensive motions, not surprisingly in this case. It's a broad case with a lot of evidence. So, both sides have filed those. They filed those earlier this week, the same day the latest indictment was filed. And the judge will then, with his clerks, review those motions, usually set up a hearing date and make decisions. I suspect some will be deferred, some will be decided on. Some of the ones that I noticed the government said were, hey, these are based on charges that have been removed from this particular trial, but we want to submit these types of evidence that are related to those anyway. They were around, like, political donations, straw donors, like foreign bribery. Do you think that will be allowed? I think it depends. I think that was one the judge made punt on a little bit. So, I think what the government did because of what happened in the Bahamas is we know they removed some of the charges, right? They dropped some of them. But now, in their latest indictment, they've angled with like, well, part of the motive or the reason he did this is so they have this money so he can do these things. So, motive in why someone committed, why you think someone committed a crime, is you're allowed to put into evidences across here, right? You needed the money to finance your high lifestyle. You need the money for whatever reason, or you need it to do this for whatever. So, motive is always permitted to come into play. The scope of how much motive you can get into and how much you can tie it back to the actual alleged offenses is in question here. I suspect the judge will let that be. He may limit it. He doesn't want what we call a trial within a trial, right? So, he's one of the trial to focus on the charged counts, not on counts that aren't charged. But typically, putting in motive is allowed, and I suspect he will permit that to come up. Maybe not to the full extent the government wants, but to some extent. And SBS lawyers also submitted their side, and they said that the prosecutors had repeatedly failed to meet the deadlines for turning over evidence to the defense. And as an example, they said that three days prior, the prosecutors had produced nearly 750 ,000 pages of Slack messages from Gary Wang's laptop and basically requested that the government not be allowed to use evidence produced to the defense after July 1st. What do you think is the likelihood that those requests will be granted? I don't think they'll be granted. That's a hard one for the judge to grant. There's two reasons why that. One is the judge could say, if you need more time, I'll give you more time for the trial, right? Okay, so there's an October date that you wanted, but you know what? We can pick a different date later on and give you more time. So, that's a typical response to that kind of thing. Again, if the government produced it like the day before trial or the night before trial or specific order on a specific date that wasn't meant, the judge might be more harsh on that. But we're talking about July and an October trial date. I don't think the judge will grant that motion. I think that's a defense preserving in the appellate issue or maybe keeping its options open for asking for continuance, which they probably are keeping in mind more than ever now that SAM has been detained pretrial. And so, I can understand why they might file that motion. I can see the strategic reasons to do it, but I think it's unlikely that the judge will grant that motion. And so, what can we expect these next several weeks before the case goes to trial? And what are you watching out for, whether it be something before the trial or at the start of the trial? Both sides are going to be working furiously. I mean, this is the go time for the trial. I mean, the government is going to be focused on getting its exhibits in order, meeting with its witnesses and preparing them to testify. Because remember, the government, the burden is on them. They go first. The defense doesn't have to call anybody. So, they're going to be meeting with their witnesses and they're going to have a number of witnesses. They're going to be going through the exhibits and there's a lot of documents to go through. They're going to be calling out what they think are the key documents. They're going to be coming up with a framework for their case in terms of the order of the witnesses. They're going to call and how. They're going to be preparing their opening statement. And they're going to even probably start thinking pretty soon about the closing statement. Because even though you think like, well, you wait to start your close until the trial is almost over, in this kind of case, you're going to need to start thinking about how it all fits together, like the entire play right now, right? So, if you go back to my analogy, you can't just think about the first act and second act and forget about the third act. So, I think they're very busy doing all that. They're probably still looking through and discovering things too. Doesn't mean they won't supersede the indictment again or maybe change a little bit like their focus, right? They're still learning about their case. This case has moved on very quickly for a big case, a multi -billion dollar alleged fraud here. You know, this has moved on very quickly. The defense is also equally busy. So, I'm sure they are doing this and I'm sure they do feel jammed up with getting stuff at the end. They're looking through all these documents too, all this data. They're working with their witnesses. They might have some witnesses they want to call. Both sides will likely call experts. In this case, I'm sure the government will call many experts, at least one or two. The defense may have some rebuttal experts or experts they want to call. Those experts, I think in this case, would focus on how cryptocurrency works, how blockchains work, and how maybe some of the financial mechanisms work here because they are complex. You need someone to distill it down and explain it to analyze the financial records. The defense is probably doing that too. In addition, you know, they're meeting with their client. They're coming up with their theory. They're doing their own investigation. They may be interviewing their own witnesses. So, both sides, I mean, it's a ways off October, but it's kind of a sprint at this point. I wouldn't be surprised if they're working pretty close to seven -day weeks right now and lead up to October. Because the last, you know, for every week of trial, let's say, you usually need at least two weeks of prep. And so, that's how you have to backload. This, you know, multi -week trial, they're going to be prepping starting many, many weeks more in advance. And if you were to guess how many weeks the trial will take, how long would you expect it to last? Based on the more slimmed -down indictment, I would say several weeks. Definitely, obviously, more than a week. It will take a while to select a jury here. You know, this is a complex case in the sense of, you know, it's sprawling. And I would expect several weeks. A lot is going to hinge on whether Sam testifies, because if he testifies, that's going to be probably several days, two, and they might have their own experts. So, it wouldn't surprise me if this trial was, you know, two to three weeks. I don't know what the estimates they've given now. They might have to give some new estimates based on the new indictment. That's something the judge will be keen to know, because when they call the jury, and they're going to have a large jury pool here, they'll probably do a questionnaire. They're going to need to know the people are available for those periods of times. Most cases don't last weeks elites, right? And on this high profile, this is, you know, setting aside the Trump case, which is consuming all the oxygen in the room. This is one of the most high profile criminal trials happening. Yeah, well, I guess we'll have to see how it all goes down. Thank you so much, Brian, for explaining it all on Unchained.
A highlight from All GOP Presidential Candidates Should Suspend Their Campaigns And Support Trump
"Turbulent times call for clear -headed insight that's hard to come by these days, especially on TV. That's where we come in. Salem News Channel has the greatest collection of conservative minds all in one place. People you know and trust, like Dennis Prager, Eric Metaxas, Charlie Kirk, and more. Unfiltered, unapologetic truth. Find what you're searching for at snc .tv and on Local Now Channel 525. This is your source for breaking news and what to make of it all. This is The Mike Gallagher Show. Even when everything you say makes sense except it's all bullshit. It's all non -stop. We know this is designed to banish and isolate and to destroy a political outsider. That's the funny thing about this Democrat party. It does hate America. It's hated America since its founding. Voters decide who our presidents are. Not district attorneys, not big donors, not anchors, not pundits, not lawyers. Voters decide. Now from the relieffactor .com studios, here's Mike Gallagher. The voters get to decide. And the voters are going to decide. I'm convinced of that. If not, my country is gone. Welcome aboard. It's Wednesday. I was reading this morning about the Fulton County Sheriff's Department and how the sheriff says, oh, they're all going to get booked and processed. Trump and the 18 other indicted co -conspiracers. There's going to be this three -ring circus next week, a week from Friday, where President Trump and Rudy Giuliani and Sidney Powell and all the rest of them are going to get booked and processed like common criminals at the Fulton County Jail. There's one goal there. You know what it is. It's to embarrass. It's to intimidate. It is to attack a guy that more than half the country loves. And every attempt to embarrass him is going to result in his popularity increasing. Every effort to embarrass him is going to result in greater popularity for President Trump. I had a No Interruptions podcast that dropped this morning. Wherever you get your podcasts, I hope you subscribe to The Mike Gallagher Show No Interruptions podcast. It's really special because we present two points of view without any interrupting. You know, there's a lot of interrupting with Mark Davis this morning. You'll hear it today, the Eminem experience. Mark and I disagreed mightily about my belief that if Ron DeSantis and all the other Republican candidates would simply throw their support behind Trump right now, drastic times call for drastic measures. Jack Smith and Fannie Willis and all the rest of them, Biden's Justice Department, Merrick Garland, they want to destroy your ability to elect the next president of the United States. They're what an amazing, inspirational move it would be if Governor DeSantis said, you know what, I'll try again in twenty twenty eight. But right now I'm all in for Trump. I can't believe they've weaponized the Justice Department this way. It cannot stand. It will not stand. I'm in for Trump. And first of all, DeSantis becomes the single most popular politician in the history of America. His twenty twenty eight landslide would be guaranteed. Second of all, Trump's election in twenty twenty four would almost certainly be guaranteed. These Republicans could unify and have the opportunity to turn this whole thing around just like that. Now, it's not going to happen. I'm sure I'm delusional, perhaps. But man, oh, man, what a game changer that would be. And Mark Davis, boy, he went off on me. He just thinks I'm crazy, delusional. I don't want to let voters vote. I'm Hugo Chavez. I'm Venezuela. He kept arguing with me today that I'm trying to take away the right to vote. I said, Mark, that's precisely what Biden's Justice Department is trying to do. Don't you get it? And for Mark and people who feel the way Mark feels, it's just business as usual. Let's let it all play out. Let's have the primaries. Let's have the debates. Oh, next week. OK, let's get our popcorn out. There'll be a lot of drama, but that's OK. It'll all sort itself out. It's not going to sort itself out. People are going to have to stand up and and do things they would have never considered doing before. And I believe that would include Republicans unifying behind Trump. It could be a pipe dream, but then again, hey, it's 2023. Anything is possible. So back to this no interruptions podcast, a back and forth. This week's no interruptions podcast was between Caroline Wren, who's the former finance adviser for Trump, his Trump Victory Finance Committee. She's also been working with Carrie Lake and David Carlucci, who's a Democrat strategist and a former Democrat New York state senator. And we debated election integrity. Caroline said something and there's no interruptions. First of all, make sure you check out this podcast. Again, subscribe to The Mike Gallagher Show, no interruptions podcast wherever you get your podcast. You're going to want to hear this one. Again, no back and forth, no crosstalk, no interference. You get to hear both points of you uninterrupted. But Caroline explain why there is so much doubt about the integrity of the 2020 election. And so I wanted to lift that cut. I want to play that clip for you from yesterday's pot for this week's podcast. I want you to hear why millions of us are cynical about the outcome of the 2020 election. I don't think I've ever heard anybody in just a minute and seconds 54 so perfectly summarize the problems of the 2020 election and why we have so much doubt. I want to play that for you coming up here in the Relief Factor Studios. I also want to invite you to join us, 800 -655 -MIKE. We've also been taking a poll, The Birch Gold Survey at MikeOnline .com. Make sure you answer the question there, the poll question, every day brought to you by Birch Gold. All you got to do is text the keyword Mike to 98 -98 -98 and we'll send you a free info kit on owning gold, silver, precious metals. It's 13 past the hour. Welcome aboard. Our number is 800 -655 -MIKE. And if you want to beat me up a little bit like Mark Davis did this morning, that I'm crazy and delusional over whether or not it would be a good thing for all the Republican candidates to endorse Trump now. You think that's nuts? We'll see. And wait till you hear what Caroline Wren says about election integrity, 2020 style. 800 -655 -6453. We have a line open and ready just for you. Unveil evil in nefarious, the modern screw tape letters. Praise by Pastor Jack Hibbs, Jim Caviezel and Dinesh D 'Souza. Rented today on SalemNow .com.
Monitor Show 12:00 08-16-2023 12:00
"England right you got a what liquefy it and put it in a truck and drive it yeah Because you can you can't put it on the high seas because there's some law that says you can't do that So the people in New England buy their a lot of their neck gas from Europe business We've done a lot of reporting on this and I yeah recommend you go back and check that out a little M &A trade In the energy space I always like to see that WTI crude oil I'm pretty much unchanged on a date that just just under $81 per barrel. We'll have more coming up. This is Bloomberg Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg radio This is Bloomberg markets with Paul Sweeney at Matt Miller We got a lot of green on the screen here, but the volume is light We constantly underestimate the strength of the US consumer This is a market that's much more optimistic or bullish than maybe its central bankers are breaking market news and insight from Bloomberg experts There's still some concern out there in the market that there is room for things to deteriorate a little bit more than what they're indicating As small and medium -sized businesses struggle, they don't present as much competition The supply chain has still got dislocations globally and here in the US This is Bloomberg markets with Paul Sweeney at Matt Miller on Bloomberg radio All right coming up a lot to cover in the next hour starting off with Caroline Frederickson Distinguished visiting professor at Georgetown Law She's gonna join us to talk about the Trump indictment where we go from here with the indictments plural I guess Lisa Stervant chief economist at bright MLS. Let's talk about the real estate market mortgage rate 7 .16 the highest in a very very long time and then we're gonna get the kind of a roundup on what we're seeing in the Retail space Marie Driscoll senior analyst with core site research breaks down some of the numbers We've seen from some of the the targets at CJ Maxxis.
"caroline" Discussed on Bloomberg Radio New York
"Caroline Hepker. This is your Bloomberg Radio Business Flash. So in terms of markets this morning Being concerns around property in China have mainland Chinese stocks sinking CSI 300 down one and a half percent Shanghai comp also down by 1 .3 % country garden stock as selling off. I mean, toe extremely low levels. Hang Seng Tech index also down as much as 2 .5 % this morning, although we did have positive Alibaba results. S and P 500 many futures for the U. S markets slightly lower this morning. It's mixed in terms of stock futures, Treasury markets, cash treasuries not trading because Japan is closed for a holiday today, but we'll get more reaction to the CPI data a bit later on this morning. Bloomberg dollar spot index little changed right now, although economists see the likelihood of a pause in September from the Fed is going up. As for European stock futures, they sink half of 1 % this morning and oil prices as we continue to watch the energy picture. WTI crude features a $2 .74. The bouts are down by a 10th of 1%. That is your Bloomberg radio business. Ashley Angarins has a round -up of our global news stories. Caroline, good morning and thank you. Iran has moved four US citizens from prison to house arrest as part of a potential swab. Iran media state says the four will be freed in exchange for unidentified Iranians detained in the US. But only after $6 billion of blocked funds in South Korea are transferred to an account in Qatar. US Secretary of State Anthony Blinken says he remains confident in resolving the matter. Hawaii's governor says 53 people have been killed in wildfires that tore across the island of Maui with the number likely to rise. False moving flames swept the island, destroying hundreds of buildings and sending people fleeing into the ocean to escape. The National Guard and Army have joined search and rescue efforts with the main fire now 80 % contaminated. And junior doctors here in England are beginning their four -day strike action in about half an hour in a long -running dispute over pay. It will be the fifth round of industrial action in just five months. The British Medical Association wants more talks but the government says it's made its final pay offer. And here are a few key things we're watching out for today. So there is a massive slew of data at 7 a .m. coming from the UK that will include Industrial and manufacturing production for June plus a pre -eliminary print of second quarter GDP at 745 a .m. UK time there's a final print of French CPI for July and at 5 p .m. we're also due to get an update on Russian GDP. So a few things today Stephen we've got on the agenda. Leon thank you very much. Now UBS has ended its agreement The Swiss government to cover losses it could incur from the rescue of Credit Suisse. Our managing editor of EMEA Finance and Investing Tom Metcalf joins us now for more. Tom what's the significance of this move from UBS? Yes a really interesting and for me at least a surprise move this morning so they say they've voluntarily agreement they had with the Swiss government. So the way that agreement was structured was first of all UBS would take a hundred percent of dollars on up to 5 billion francs but then this agreement would kick in and effectively the Swiss government would cover 9 billion so what UBS is saying is you know in our view we no longer need that 9 billion there's no sort of universe we live in where that could be a case and so they're just ending that which you know as I say the messaging from the bank is very much this is how confident we are in the assets we've acquired this is the sign of strength. Purely pragmatically I'm looking at this going why on earth would you give up something you've already got as far as you can tell from the release there's nothing they're back getting in return so you know perhaps it is all about the messaging but you could also say oh does this sort of get them more kind of in a stronger position with the Swiss government would obviously be pretty happy that they could then tout this to the sort of voting regulation. Yeah absolutely voluntarily terminating that loss production liquidity backstop really interesting and great to have you on a moving story that we're going to follow of course throughout the morning in terms of UBS we whether get any more details about why that happened we'll bring them to you on Bloomberg Radio. Tom I also want to turn our attention to another story with you though the Isle of Man might not be immediately as a place that strikes people as a top destination for expats but apparently more and more South African professionals are heading to the tiny island in the middle of the Irish sea. This is a lovely piece a big thought piece out on the Bloomberg terminal. Tom what kind of moves are we seeing then to Yeah I learned a lot about the Isle of Man doing this story so effectively what the Isle of Man doing is is trying to attract as many people in to the economy as possible so right now it's got a population of about 85 ,000 and part of their their big economic plan is to grow to about a hundred thousand but for me the fascinating thing was they're really targeting or at least South African professionals sort of finance expats effectively are among those who are really coming across in droves so Turns out when you look at the population stats South Africans are the sort of most biggest population outside of people from from the British Isles on the Isle of Man and you know this goes back for about a century because The movement used to be the other way they miners went from the Isle of Man to South Africa so there's that kind of cultural overlink but what you have is this for me at least a Fascinating juxtaposition of people leaving South Africa, which you know obviously the push there is the tough economy You know there's security concerns for many of the people we talked about and then the pull is as they look around for options the The man is Isle out of in South Africa kind of touting it the you know the joys of living in the middle of the Irish Sea and we had we had a lot of fun writing the story because you have these photos of you know sunny dry South Africa massive African skies and then Isle of Man which is charming in its own way, but I don't think has the same sort of sunshine or a dry climate no But what kind of jobs are people moving there for? So it's a bit of everything you know the of Isle Man is like an offshore center so it's typically you know it's gonna be white collar jobs you know the classic one I always associate is the offshore banker the offshore lawyer but there's also the tech industries you know pulling a lot of people and what South African firms are doing they don't have to be in finance they don't have to be in tech they're finding it very useful to have a base in the Isle of Man obviously because of these you know tax advantages that come with it so you can run through the list but effectively businesses out there basically pay no tax on their income or their profits and similarly
"caroline" Discussed on Daily Grace
"Me how to do that and help me to enjoy the people here anticipate the people that are coming. And to not get in the way of the truest story of home because I feel like telling some other story about how I'm awesome and my home is really put together. So I think that it can be very challenging, but very exciting and very, I don't know, just a way to love the lord and to love others. Yeah, absolutely. I think that's such good encouragement and personally challenging as well. I'm just going to ask another practical question and you might not have an answer for this Caroline, but that's okay. I'm just thinking of women listening and what their pain points with home might be. And just the thing is that they're trying to wrestle through. And so we've talked about how we keep home, we've talked about maybe our home feels broken in just the hope of having this eternal home that will be perfect in a good place for us to rest. I think another just really practical thing women struggle with is home doesn't feel relaxing. Like they feel like when I'm here unless all the dishes are done and all the laundry is done and so they kind of view home as like this task list rather than as this place to abide. I'm just wondering if everything you studied about home could speak into that kind of mentality at all. Show me you're really coming for me. Honestly, you're coming for me because I totally feel that. I totally feel that. And what I think that it kind of reminds me of some advice I got when I had young children who were not sleeping yet is what do you look to for rest? Do you look to sleep to give you rest? You need a certain number of hours to be rest or is there a way that you can depend on God to offer you rest? And so I think that there's probably a practical way that we can say that when we feel that compulsion of like, I can't chill out because their dishes in this thing, I can't chill out 'cause there's laundry that's not folded and this is gonna come back to me like literally later today and haunt me so thanks a lot. I'm just kidding. But I think that that would be an opportunity to investigate our hearts and say, what do I think home actually is? And do I think that I am like God and never needing rest? Am I living outside my means? And am I asking productivity to be the thing that makes me like being here at home or can I just find a way to rest and who he is and stop striving? I mean, anytime we're striving, that is going to be a little alarm clock that we need to reinvestigate things. So I'm going to process that some for myself because I think that's a really important thing. And it can feel really incessant and also kind of hard to identify because it's difficult because we do need to do those things. We don't want to never do the dishes never do laundry. But there probably is a time where the holiest thing you can do is to not do the issues and not do the laundry. But only the Holy Spirit can help you interpret those moments. Yeah, absolutely. I remember when several years back, I was a stay at home mom to three young kids. I'm pretty sure one of them was like a newborn and I kept thinking, I just don't have time to be in scripture. I just don't have time. And I was real frustrated by that. And I was, you know, quote unquote blaming kind of like my stage of life and all the tasks that I had to do and saying, it's just impossible for me. I just give up in this season. And I remember I sat down one day to really think through my day and think, okay, if I could find time when would it be? And I realized I was doing the dishes after every single meal because I hated having issues in the same. And I was like, you know what? When are my kids the most happy and most satisfied is right after a meal, nobody's hungry, nobody's thirsty, like everybody's good. And yet I was using that time to get those dishes in the dishwasher because to me, I thought that is the thing that most helps me in this moment. And I remember the day when I was like, no more. I'm gonna do the dishes one time after dinner. After breakfast and lunch, I'm gonna try to use either one of those times. I'm gonna have to be flexible. I still have young kids, you know, but I'm gonna use one of those times to be in scripture and I remember walking away from the sink being like, this is so stressful. I don't want to leave these dishes on this thing, but I'm telling you, that was life-changing for me as a mom who was just trying to figure out all those things. And so I really resonate and I still struggle with this today. I really do. But I don't know. I feel like that could be helpful. The advice you gave to many women because home is a complicated thing for us. Okay, as we kind of begin to wrap up this interview, I'm going to pivot just a little bit and you've done such a wonderful job of explaining the theme of home and just how this story unfolds in scripture and what it means for us today. I'm wondering, do you have advice for maybe someone who's studying scripture in their wanting to explain the stories of the Bible and if God's love to others, what advice would you give to them as they attempt to share these stories with people around them? Well, I think that the main advice I always had is you have to love it yourself. And so sometimes we can read the Bible and be almost preoccupied about how we can entrust it to somebody else. But I think it has to do it's working us first and we have to love it. And what I've noticed is when I love it, when I meditating on it, it'll just kind of overflow. I'm sure there are principles of how you can communicate more clearly. You know, you can watch the words that you choose if the kid gets a blank expression on their face, three word, try again. But I think the main thing is to love it. And to let that bubble over. And then you can always just practice. You can just say, hey, can I tell y'all some of what I've been learning? And say it and re say it until it to people and just have people in your life that you can talk about it with. And I think the more you talk about it, the more it'll crystallize in your own mind. And the more you'll love it, and the more you'll be able to communicate it in a way that is clear and engaging. And if you're meditating on God's word, which I feel like that word can be a stumbling block for people.
"caroline" Discussed on Daily Grace
"We see so many stories of home throughout the whole Bible. I mean, I think that people will initially be able to see that the Bible starts with a home a perfect home and eaten. And a lot of times we can skip past that because we're getting to genesis three, we're sent interest the picture, but before that, Adam and Eve are in this place with one another with God where there is such abundance in such beauty and such delight and it's really wonderful and it shows us that no one makes a home like God. And then of course, sinters the picture. And you can see throughout the Bible that sin is like an intruding force. And sin is the ultimate enemy of home. And anyone listening will relate to that because we all have brokenness in our homes to varying degrees. And at the core of all of it is sin. It may not be our sin, it might be the sin of somebody else, and it might just be because we live in a sinful world that's broken. But sin is the enemy of home and we see the pain enter and homesickness enter right away. And then it feels like an Old Testament. It's people searching for their way back. They're searching for their way home, but at the same time, God is looking to make his home with people. There's all these glimmers, you know, we see glimmers in the tabernacle in the temple or even before that with the promised land, or even the way that God delivered his people from an unsafe home in Egypt. In an unexpected way by parting the Red Sea and things like that. So there's lots of different stories that relate to home. And when we pay attention to them, we notice that all of it points to Jesus. And so in the book this story of home, I say that God is building away home through Jesus. And the part of the way he's building the way home is because there's an enemy of home that must be conquered. This intruder has to be dealt with. And so Jesus dealt with our sin on the cross and sent the Holy Spirit after he ascended having sent the Holy Spirit to make his home in us, which is unbelievable to think about as a deposit of what is coming when Jesus will return and make all things new, a new heaven and a new earth and finally it is a perfect home that is permanent where no intruder can enter where there will be no grief, no tears, no pain. No one can break this family, no one can damage this home. No one can disrupt this home. And so I think that there's a lot that the Bible says about home and I would encourage anyone who's maybe read through the Bible or just even wherever you're reading in the Bible, you'll probably be able to notice something and what I like to do in the margin of my Bible is draw a little house and I can kind of track it that way and it's really cool to see all the different ways that God is pointing us home.
"caroline" Discussed on Encyclopedia Womannica
"Agreed. Less than 5 years later, George broke his word. He cut off Caroline's allowance and started channeling her earnings from writing into his bank account. Which again, he was legally entitled to. Caroline wouldn't stand for it. Sure, she wasn't a legal entity, so she couldn't sue him or bring any type of case against him. But she wasn't going to let that stop her. She got her creditors to sue George on her behalf. The trial was grueling. George antagonized her. He sat close to her, used private knowledge to try and publicly discredit her and try to dredge up the Melbourne trial. Caroline was livid. She was done being quiet, existing without a say in her own life. She got up and defended herself, addressing the court directly. She got applause, but lost the case on a technicality. In response, Caroline simply wrote, I do not ask for my rights. I have no rights. I have only wrongs. As she had before, Caroline turned to writing in her time of need. But this time, since George was legally entitled to her income from writing, she'd only write about the need to change marriage laws for women. However, dense the subject matter, Caroline always infused it with her witty voice. I exist and I suffer, she wrote, but the law denies my existence. She published work after work about marriage, divorce, and women's legal standing in England. It worked. When a new divorce bill passed in 1857, portions of her own writing made it into the final document. Under this new law, married women could inherit and bequeath property, protect from a separated husband's claims on her earnings, and enter into contracts and civil suits on her own behalf. Finally, Caroline's legal battles came to a close. She dedicated herself to writing fiction and poetry and gained contemporary success. George died in 1875. Two years later, Caroline married an old friend, Sir William Sterling Maxwell. They got along much better and stayed together until her death on June 15th, 1877. She was 69 years old. All month, we're talking about rangers. For more information, check us out on Facebook and Instagram at will manica podcast. Special thanks to Liz Kaplan, my favorite sister and co creator. As always, we're taking a break for the weekend. Talk down Monday. Your future in business is bright and nothing's going to get in your way. Take the next step and get a glimpse into what life is like as an executive MBA student at the Robert H Smith school of business. The Robert Smith school of business executive NBA for a day event is Saturday May 6th, network with current students and alums and see how the smith EMBA leads to an unstoppable career. Don't delay register today at RH smith dot UMD dot EDU slash EMBA day. University of Maryland, Robert H Smith, school of business. What if you could choose a medical provider who makes you the priority, a provider who truly listens to your concerns, answers your questions and explains your treatment. A provider who sees you as more than just their next patient. For more than 50 years, physician associates have been going beyond for patients, providing high quality care that says personal as it is comprehensive, giving you the confidence that when you see a PA, their only priority is you. Learn more at PAs, go beyond dot com. The impact of climate change demands urgent action. And the folks at Panasonic are making the well-being of the planet a top priority by launching the Panasonic green impact initiative, a company commitment to achieve net zero in-house carbon emissions by the year 2030. And that's just the beginning. Through this initiative, Panasonic is making this systemic changes necessary to combat the climate crisis, creating next gen battery storage, leveraging renewable energy and driving EV solutions. Join Panasonic in helping to create a greener, more equitable future. Learn more about Panasonic green impact at Panasonic dot com
"caroline" Discussed on Sound Opinions
"Is a track from it. I believe on sound opinions. Down low. I don't know but I believe. Look at all the days again. In love faith in my brain no I believe by Caroline Paula check from desire. I want to turn into you. What a great title, Greg. And there is a lot of sensuality on this record along with a lot of other moods that Caroline explores and expresses. This artist is a fantastic songwriter. Mining that fine line between indie electronic experimentation and mainstream pop. And you hear, you know, I believe is like a stadium rousing pop song, right? A great pop song that doesn't insult our intelligence or resort to standard formulas. I would say, though, that on this album, one of Caroline's problems is that in trying to avoid the formulaic that dominates so much pop music, she turns to an embrace of the esoteric that at times can be distracting. What do you mean, Jim? There's a youth choir on billions that ends the album, you know? There's yodeling and whistling. Wow.
"caroline" Discussed on Bloomberg Radio New York
"It That's it Caroline to the downside It was a lot of these carols Do I like utilities I like when my utilities are on and I get hot water and electricity It was a lot of the pandemic winners and technology Caroline to the downside Everybody's been running Tim has been dying for somebody to go get him some yeah romaine walked by our studio with the bowl of something and I didn't know what it was Yeah I tried to give some to Taylor but it was weird You only were carrying one not one for everybody It's gonna be you know guys it's gonna be tricky though Now again we're counting down again to earnings and the fed meeting right Like what do we get in terms of rich thought about maybe how the rest of the year plays out Caroline Unless we forget a war happening in Europe which we haven't seen in decades between Russia and Ukraine what that means for commodity prices what that means of course from our humanitarian perspective France and foremost but would also what this means in terms of the ongoing narrative on gas prices on the flight to safety on whether you want to be an emerging markets or not It's an extraordinary story that really has pushed and pulled and dictated the entire month of March Well it is really interesting because we spoke to Jimmy Lee from the wealth consulting group in Las Vegas just a few minutes ago about $5 billion in assets under management And he said that they're not changing their outlook at all as a result of Russia's invasion of Ukraine which I found pretty surprising And I'm glad you brought up emerging markets Caroline 'cause we talk about the decline here in the U.S. but it's been really pronounced for a lot of the emerging market stocks here I mean we've had now basically three straight quarters of declines Remember it was just a few months ago everyone was talking about this could be kind of the resurgence of for a lot of these EM stocks But of course with all the Russians in the commodities space and now the war in Ukraine that's at least being put on hold for right now You know what's interesting the MSCI emerging markets index down how much do you think remain This year This year Yeah I don't know 18% 7.4% Oh okay At least that's one index right Yeah But we know it's a little bit different Anyway all right that's going to do it Tomorrow is a big jobs report We'll have lots to talk about certainly tomorrow All right guys we get around That will do it for our cross platform coverage on radio TV and YouTube We call it beyond the bell we'll be back Same time same place tomorrow This is Bloomberg businessweek with Carol manor and Bloomberg quick takes Tim's tiny on Bloomberg radio Caroline Tony you can go run get your beef jerky or whatever it is I don't know It's okay We have good snacks We're lucky Oh my goodness What a first quarter I was just tweeting out NASDAQ golden dragon index falls 21% for the first were the worst first quarter since 2008 S&P 500 falls about 5% for the worst quarter since March of 2020 NASDAQ 100 Falling 9% for the worst quarter since March of 2020 a lot of superlatives on this last trading day of the quarter But that March 2020 makes sense I mean everything shut down because of the pandemic So we understand why that happened But some big moves Let's get to Washington D.C..
"caroline" Discussed on Write Your Legend
"It's going to change. And if I don't change it in a healthy direction, it gets changed in a negative direction. It goes back even stronger than before, which is we don't want that. And then you even more control, but you want to get these and you want to control them. And so that's really what you're going to do. You're going to go from the pattern to the signals to the whole neural cycle process to do that. The changes are, I mean, the evidence I have already talked with lots of evidence in the book of telomere changes you spoke about telomeres. We spoke about these changes in quote in 9 weeks. We change people's biological ages, which is phenomenal. In 9 weeks, people went from having biological ages that were 30 to 40 years older and sickly than the age within 9 weeks of my management of doing this, dealing with the interest of dealing with the reasons why you've got that relationship issue. Getting to the root cause getting to the because of what the biological and chronological age is to match. And I think it's really important to say this too, to the people that are listening is because after reading your book and I would really encourage you guys to really get the book so you can get the neuro if the process, right? Is that right? Yes, and you're a sacrifice. Yes. Because it's a phenomenal. And I would advise anybody to do that. It'll be definitely in the description box wherever you're viewing or listening to. It's called cleaning up your mental mess by doctor Lee. Obviously, Caroline leif, doctor Caroline Lee. But I think it's very important to also note in your clinical studies and this is what I think was phenomenal. You didn't just do one clinical study. Like I forget what the groups were called aid Group B group I forget what they were differently experimental and control groups. The experimental and control groups. So you took two different groups and did what you have studied and implemented and then took another group and actually did things a little bit differently. What if I'm clarifying correctly? I can explain. And you can see the difference in the studies that you've done. And I thought that was phenomenal. It's not that you took a clinical group and said, this is the clinical group. Let's see their change. But you took two different clinical groups and you distinguish the difference between the two by what you've done. And I thought that was brilliant. Yeah, that is really important. School randomized controlled study double blind. So what that means that you called standard. So and just to be experimental group that got the neural cycle and I didn't give them therapy, it was an app. So it was loaded on their phone. And that act that was used in the clinical trial has been improved from the research because that's what you do as a scientist to improve things. And that's what's available to everyone. So you can go to iTunes, Google Play and download new recycle, and you've got the app. You've got the exact process that made these people's biological age and chronological age met. The system is reducing information, change their brain, literally change their life. We had people that went from literally suicidal to living to living and going beyond and going back to work. And like phenomenal changes for years, we had a control group that did not get the act in your psycho actually. They didn't get them on management, but they got all the same testing. So all of the both experimental and the control group in this particular study were randomized. So neither usually was controlled, it wasn't..
"caroline" Discussed on In The Pews
"Daniele and caroline welcomed in the pews to have y'all here finally. This is so hard to get because we're scheduling our schedules year schedules and then of course the locations and schedule that everything. But we're glad to have you here. He has a our first pair of of young ladies on the first. Yes no..
"caroline" Discussed on Get Real -w- Caroline Hobby
"Strawberry spring based on a short story by stephen king is someone i can't see through the fog you. There was a murder on the campus of new sharon college sources close to investigation. Tell us that he was a female. Co ed late teens to early twenties. We'll have more. hello henry. Have you heard the news on. The radio was a murder on campus. It has all the sides. Utility can't be sure but as of right. Now it looks like spring. Jack back strawberry spring starring garrett hedlund and milo ventimiglia produced audio media and i heart radio listened to strawberry spring on the i heart radio apple podcasts. Or wherever you get your podcast. How do you manifest your reality like this. Because is it because you were obsessed with cheese mortimer young age and you like focus on it and loved it and hone this in and shared it and like made it such a huge part of your life that actually became your life or like people all the time to do stuff and they wanna live their passions in their heart and they want to wake up and do what you're doing. Yup i know it can get a life zone like you said and like right now you have sober sugar plate and it's overwhelming you wanna sell out every other day but like you know you still manifested this business from a true point.
"caroline" Discussed on Inspiration and Spiritual Awakening from Live. Love. Engage. with Gloria Grace Rand
"Energy that he felt on the old owners was don suddenly. It was like it was like now. I can always money on. Improvements like key could not settle. This is my home until i had done the home energy clearing or him in similar. At like a 'cause. I did in scotland that was in the seventeen. Hundreds imagine how much stress energy bear. Now he was struggling to in. There were a lot of stress energy there against She wanted to do home improvements and do the things home. She was thinking a lot of people. I tell them if you're thinking of moving 'cause there's something you don't like about the home do this because it's cheaper. I'd say the similarities If you all back home and now. I love watching facebook because i can see all these redoing the kitchen. He's doing all these great things and then like you know Afternoon for my example. I had a different certified purchaser. Do my home. Because i wanted to have that experience and my husband died his dream job. I swear to god like within a month afterwards like it was like amazing named a very odd situation where he was just the extra interview for the he works for. Ge and he's a senior executive they're just the extra interview but he's like. I want this. I can't believe this showed up. I don't even know how this showed up. And then suddenly it all worked out. I was like oh my god know. This is a lot of stories of of people suddenly feeling like one woman stagnated in our business and now like it's just things are flourishing so we always say we don't know what's happening result of clearing mum. It's just like sometimes what you hope will happen won't happen i because sometimes other things to resolve and stuff like that but it's all about really bringing into What you're here to do another side of the work. I do is The energetic We're all here with a purpose in life design in when we're not in a lightning with that A life just harder and sometimes we are not celebrated for uniqueness know client. She was stressing about how she likes to work at night and She's like oh. I need to get on like you know what you know. Maybe your energy pisano reply that money in for that might embracing in. That's when you thrive so. Sometimes i feel like we really need to embrace some of us. Strive you know working at night. Sometimes some of us new alone time. Sometimes we need more. We need people in our lives. No we all thrived differently. And i love when can really embrace who they are without judgment and just allow And i feel like when. I see that people just you know if someone asked me climb recently. I just want to get into flow like hiring them at five one. I was just like part of it is letting go. It's try to control the low. It is hard. I understand a state. I always say requires two things like a desire to be happy leap of faith in that leap of faith can be scary. I get it in. I have of mantra that. I say that were going to forget but i say I live my life following my heart. Rate and i feel like if you master all these things that thinks just flow on your new. Brace your journey without You appreciate your cousin. You rabble in your uniqueness in the last one is trusting the unknown in that can be scary. But what i found in my own life is what i really let go the how and trust what appears so much better than you even imagine and i. I heard that for a long time. If all like mike dooley or wayne dwyer when it is so true inclined to sway. Because i've said intentions in you do your car. You meet. if he percents redo are they ask you take more usually like eighty percent and it's amazing. How things absolutely asset experienced that numerous times and that's definitely what i talk to clients about as well. Just let go and and see what happens and trust. Yeah an open your heart to receive you know. See what comes up so this has been amazing and i know. I'm sure that there are people out there who are going to be like okay. I need to get my house cleared. How do i get a hold carolina. So what is the best reach out to. You may website aligned by caroline a. l. i. g. e. d. b. y. c. a. r. o. l. com And then if you want to join the magical helped us. That's on facebook. You just put a magical helped us up pop up right away and do offer a free general energy clearing. Anybody joins that once one so this you can experience a personal clearing in what that does is like if a full personal clearing think of like a deep tissue massage where you get all those knots out. This is more like a light swedish. Start getting some most stressed now. It's kind shoulders right. Had neck and shoulder is on my website of distress nuts in their old. Like little things here. Some always doing this job to get. But i'd love it. I love it. Thank you so much Carolina i love. I love your energy number one. You've got great energy. And so i i you know. Negative energy doesn't stand a chance around you. I can see why just cleared right up when you walk into a room absolutely so thank you so much for being here today and and sharing a little bit of your story and what you're up to in the world and i really appreciate you being here. Yeah and being on the show today. Thank you so much for having me. Yeah and thank you everyone out there. Who is eater washing on youtube or listening on your favorite podcast platform. I appreciate you as well and you know eleven when you leave comments. I actually got a phone call today from someone who is listening to the podcast and that was a wonderful thing to experience. So thank you thank you in fact shoot now. I just forgot her name. So i can't even give her a shout out but i will next time But i appreciate all of you out there listening and until next time as always i encourage you to go out and live fully. Love deeply and engage authentically. Did you know that a majority of entrepreneurs tend to discount the importance of their work and a good number feel. Their success is simply due to lock. I know from personal experience. That self-doubt can keep you from having the kind of life and business you desire. That's why i created a free guide called uniquely new how to move from self doubt to self love enforce simple steps to claim your free guide. Go to live. Love engage dot gift. That's live love. Engage dot g i asked..
"caroline" Discussed on Inspiration and Spiritual Awakening from Live. Love. Engage. with Gloria Grace Rand
"Every time you have an emotion or traumatic than our life challenge. Economy creates a stress. Not in deals. Can you imagine like a bunch of stress knots and think of them as almost like a kink in a garden hose. So we're not like you know taking anything or moving all we're doing is on kingking allowing stop flow and we create these things sometimes with our thoughts and feelings so we have three choices when we have a feeling we can get swept away by a we can suppress it. We can let it go and usually what creates the knots. more is when we suppress it. Are we get sucked away by it right. So it's important to start to look feelings. Ask just information. I love to think of it in this way. So like you know if you walk into a room. That's just been painted and you can smell those teams are like ooh. I don't like that doesn't smell good. It's just information it's telling me know someone just painted here okay. It's okay. I'm not gonna freak out similar with a feeling like if we suddenly feel some anger if we just look at information Okay it's interesting really angry right now Because in our bodies really only feel it feeling for ninety seconds it only goes longer because of the stories the things we start an magin just letting it go at acknowledging it or even get curious and just like yeah. This is anger. it's not gonna be forever we'll pass right and just not getting swept away so another way to think about it is if feelings of balloon in it's coming up so it's like oh my god. I'm feeling the anger out. Right a key technology and be like okay. Get curious but not to grab the string in get sucked away away for days other things. Suppressing it in so like holding it down and you can imagine energy to suppress all these balloons. If you have all these balloons like it's you know it's exhausted. Physically feel that but then man just leading a up in letting it rise and let it go. You know it can take practice. We're not all perfect neglect epa thinking. You've a of our feelings. As just information into getting curious without nearly judgment can really help keep us balanced to
"caroline" Discussed on Virtually Amazing
"Just the for your kind of listeners. General knowledge i'm delivering a onto minute live training session. Not ninety minute session will probably take me three days to create to at least at least two days. By the time. I fleshed out exactly what the steps are and then worked my way through. It got the examples i won't use. It's not prerecorded lives. It's all got to be quite slick and the have to rehearse it. So that's that's that's been kind of. Let's top of mind moment. That's going to allied though once. I want to get through all of that stuff. That's my tidying up. One through all of that. I can start to focus on line next steps which i'm not going to talk about today But joe and i was chatting about to just before on quantocks nights about what i won't do next but i'm I'm gonna leave you hanging because it's time for us to chat about our wonderful guest today. Who is the incompatible relying wiley and caroline walls. One of our first guests on the podcast. At the beginning of the lockdown last may when we when we launched march mailers last year and we we can have a lovely check specifically chat about the The survey this virtual assistance survey. And what happened to the profession in the last year. With all the lockdown everything. I think it's going to be fascinating. So what'd you think is always good. Disney always excellent. So it's going to be really intriguing to find out what trends happening. What's happening with with rates with a lot less work on that kind of stuff. So i think we should go and invite carolina in. Yes the yemen. Welcome back listeners. And we now want to welcome caroline wiley who is joining us from a holiday in very wet. Hoppy memphis is very wet. You were saying just it. A wonderful british holiday shopping would not be quite say but we wouldn't have had the full experience in writing but it's looking to this morning so i think it's just crossing. We'll get this getting a pulse. Coated seat and get felt that while. It looks like it's not gonna rain for little beds only caroline a hoot on the weather forecast this morning. The sun is likely to come out today or tomorrow day out for a few days. Well i'm looking forward to that. Well i do hope that happens for everybody so I wouldn't tell you the the acquisitioning on here but hey well. I just stayed all shuck anyway. So we were just saying before listeners. We we we we. This is our second. Go count angle customer a minute ago. So we've we've come back. We were just saying before we go cut off that them. We looking forward to hearing about the the sba survey and all the trends we were remarking on the fact that the only precedent for what's been going on in the pandemic spanish flu when the majority of women who are now va's doing the walk We talked about not wanna exclude the few gentlemen the arm around but it would be mainly women would not have been working. They would probably have been asked wives. some might have been domestic jobs or teaching but other than that they would have been housewife..
"caroline" Discussed on Book Club with Julia and Victoria
"Excited. We're reading invisible women by caroline crowded peres spoil here but if you are a person who cares about hearing the book before you read it. This is your official spoiler warning. I'm so excited. Finally talk about this book on the podcast. Yes we've only been hinting at it or blatantly saying we will be talking to like for this entire season ending. Only talk to what. We're looking forward to the book. Invisible woman it'll come out in three months back up here. We are and this is our second time. Having this conversation boy saw we've been having some recording troublesome recording woes. I don't know if you remember a couple of episodes ago. There was a section we had to cut out because they tories phone was creating some interference with our audio interface that we sounded like robots and then the last time we recorded invisible women like twenty minutes in like the rest of the way on the whole thing was messed up the whole audio vile and i was just like i have. It was a time when joy came in i. She had look on her face of like it could be any someone died or like. We had a guest on our last episode. I thought we lost that audio like prepare. I know that sounds terrible. That i put those two things on the same level of someone dying and losing the audio audio from our episode with andy. I was thinking really really terrible things but when julia said this was episode i got lost while i was devastated. Because was like we said some. I think we it was a perfect episode. We felt really confident about how we talk about this book. What we've learned through this book and being able to share with you listening. It was disappointing but they seem like of all the books. This is one that. I haven't stopped talking about when my friends and family so i'd like very prepared to talk about it for another hour. Yeah oh absolutely i we. I kind of felt that too. I was like of all the books that we need to rerecord. This is the one that's definitely been stored in long term memory. If i can recall what we said pretty easily and i'm really excited to continue talking about it because i feel like it might be a totally different conversation that being said last night we recorded. It was perfect again. How anything you don't like about this just know. The first version was perfect. If we skipped jeffrey but chapter if we stumble over a quote just snow. It was perfect. We.
"caroline" Discussed on The Keith Blakemore-Noble Radio Show
"Not as much as i do angels. So you've already heard about what i do. Honestly dot is my biggest fear because we're all individuals everybody cry gas found like something out amongst we're all individuals when side without is. Maybe i wasn't listening when he was speaking because maybe he was born every. I was busy making a note. So you've lost your chance to tell me what you do unto. And he does. Everyone does it differently. I mean the organization of lots of networking company's on there are lots and lots lots of these people. I've got to say the ones that i would ones getting all the business because that doing differently under individual On i think another our most network is will you get the ones i. Oh i'm i unload as well it's like okay. You've not just turned everyone else as you say the ones who gets scratched on each who make it make it clear. Why why should why should speak with you. The other ones of course. He's not just selling to. The room is saying to people that the people in the room. No i mean. I i won't i won't be buying from that organization simply because it doesn't have anything to offer me and my situation. However there was one person representing my organization who particularly stood out because of their that whole approach savings they clients of yours have their their approach was was so good that now kinda kinda of listening when i hear somebody who could benefit from what they all. You need to speak to s- person which i'd never thought of before bought did such a good job of Explain why and and making that connection. They weren't trying to sell to me. They was saying this is what i do. This is how. I helped people these kinds of people that that can benefit. So yeah it's it's never selling selling to the room so bank now sow at. I go to network into by. Everyone goes to buy us. Well all my clients confirm networking. Sorry not all my plans from networking. Well actually yes. They do all my suppliers audrey my networking connections to all of those. So everyone staff and if you stunk out making counts even if people on in the market to buy oil for today thanks to me now. Anyone i anyone who i hear. This front wants to overcome some thing. The uk's number one fifth strategist. I would think of case because that is what you are. issue scotch. The may you make go away so you need to be done makes viggo way to make it. Make it so easy that people go. He does eggs. that's joan. She does wine so that as soon as somebody is. Someone does exactly what you need to speak to knighthood in the network the network drives luneta king and online at. I've been christened fava's because i used word fabulous of all. It's my word so the word eighties might would allow. I've got a hashtag sabas. What i've been room. I get little messages. Some people saying. Oh he's being factored oshii as being but you know that's great that as it is wonderful. It's is absolutely absolutely time is always is is catching up on his weaker chat. Nee hours so much we could delve into who have been listening will have picked up on on several useful tapes in there some that we've covered in more length so that were almost lost over but they They will have got a lot from those people who want to find out more. Maybe want to find a bit more about the secrets of networking confidence of networking. or even. Check you out to see if they might wanna love you some point. How can we get in touch with cal into sound abouna. I hadn't realized that he said so. If i start getting weird people send me text messages. Text away all visiting my wonderful website which is www networking rebel dot biz. Osage fall that rebel revolution and asked to join mine facebook group. Because what's in there is incredible audios of people people's transformations on that. So it's just my husband comes outside. Oh that was good today. That one was today. So you watch the light videos. So that's networking rabble. Don't biz. Breath goes or go to networking rebel. Dot biz find out more about caroline. What she does she sees of what she does She's all over the socials. As as she mentioned of they're all moldings all the all details links and so on in the show notes as always which get usual place by inaudible dot com slash. Show go that fine. Count find the one with carolina. Johnson get more details than or just go directly to networking rebel vs connect with caroline caroline. And hopefully we'll see you around on their own networks Really benefiting from a long stuff that carolina chase. Ona a thank you for taking time out of your incredibly busy day for us to share some of these tips. Thank you so much for that. Really appreciate it. Thank you so much for having me. Guys make accounts stand that make on until next time. Take the coffee cells remember. The change is always possible. When you change your mind you.
"caroline" Discussed on Sci-Fi Talk: The First Season
"Episode sci-fi talk my complete conversation with caroline williams known for the texas chainsaw massacre two this january thirty first. She's in shark. Nato the fourth awakens. She reprises her role sort of has stretch and she talks about how those films kind of blend together. Here's our conversation. Were you aware of this phenomenon before you got this part. Oh absolutely. i've got teenage boys. Not fi scifi is a one of their channels choice and shark weeks a big deal in our house we get we keep our eyes open for all kinds of news and online articles about sharks and shark sightings and we're the natural audience for the shortness sheri's which i fell in love with Anthony is your creative genius. He's created this amazing franchise for the scifi channel and it has been golden For scifi and anthony into the bargain is a huge fan of the texas chainsaw massacre two. She's a fan of the original. As well i think chainsaw had particular resonance for him. And when this new installation and short made up for was coming since chainsaws are the weapon of choice for nato. He thought to myself gee who took arale all the necessary to five. The shark made then stretch from one of his favorite movies. The texas chainsaw massacre q. And you knew that we were enjoying our thirtieth anniversary this year. So much of the humor in the shark nature series is inside and it standard around these casting choices. They watch with their wonderful cast. The texas chainsaw massacre choose cast. I think hit was his little kiss on the cheek to the fans of the film in its thirtieth anniversary and i couldn't be more delighted with how my contribution to the film has has turned out. I'm just thrilled with it No one's an actor. I know that these movies kind of have their own flavor and style to them. But as an actor you you the humor is actually playing it as straight as possible and maybe not doing too tongue in cheek kind of what you had to do to play stretching this one well. It was a little bit interesting. You know she Anthony doesn't mind if some of his featured players need the brad a little bit and when you're dealing when you're dealing with a character like dwayne the bounty hunter chapman playing chop top and the the hulking silent minute. Dan yeager playing other face. You can't take it you can't play it straight right. Let us have a little bit of fun but we still stayed very solidly within the parameters show the guy who anchors the whole sang always has is the terrific eye engineering. I'm telling you. I endeavor cracks a smile and the contrast between the absurdity of our characters as written for the for this installation of the show and i am in his absolutely heroic cast in concrete in it I think what makes are seeing particularly fun gonna love it great. Yeah i mean him. And tara been the mainstays. There's actually a a social media campaign whether or not to to kill her off and we're gonna find out on the thirty first. What the result of the campaign is or what happened but Yeah that's kinda wild. But i'm not getting anything anything. Of course. no no spoilers. But that's great and you know i mean i. I can't believe the people that he gets to just walk on. These movies. were distinguished a short cameo Who did you work with. You know in in this particular film that besides the main players and also some of the maybe some of the cameos stars. I pretty much our story right. You are south. There's a there's a merman. The story when i in realize he's gotta have weaponry you take on the short nato and he just happens to walk into my store and at that point a lot of action ensues. I'm not gonna tell you remorse Past the clip. That we've been featuring on all of our morning show interviews as i make the convention circuit promoting the thirtieth anniversary and our contribution to short metaphor as well as my new feature blood. Feast international horror from this going to be coming out and making the festival circuit Very soon we get a whole lot more action than you think we're going to when you first encounter us and four that's great that's great and does it take mostly place in las vegas. My story lines is not my story. Line was shot in a completely different location. Which is one of the things. That's so delightful about how anthony takes you on this wild ride. Through the short nato's she always has a different series of locations and sets but he wants the audience to experience. He really keeps it fresh. He really keeps the action pop and he really keeps is running jumping and playing out the entire movie and This installation is no different That's great i mean. I would've never thought they'd get four films after the first one but You know people keep tuning in. And it's really amazing that people that have come on board and joined the crew so to speak and it's it's always always a lot of fun so anthony him as a director. He's done three days so he kind of knows what he's doing so how was the how was he. When you first got on the set with you and then he kind of go through anything with you or was everything kinda done ahead of you know road were the best way the best prepared crews in terms of art direction set design. They really created an incredibly rocket is set for us to operate within. I can't tell you you know that that create so much. The production designer was kelly's wallace and she really recreated the spirit of texas chainsaw massacre two. She did her homework. She had a great i the propping and the design was impeccable and the comedy that comes through the affection that anthony has for change. How to really comes through in our scenes. You know anthony is a general. He is on top of everything is moving crew. It's fast paced. But he really got the spirit of the film right. And of course i on you. You said we can't say enough about him. What a heroic and and terrific figure is he's got such a great sense of fun But you know. He's the cornerstone of the whole. Thank he really is and And he's a great guy. Thunder levin is also just an incredibly funny writer and he is also well versed in so many different genres of film and television..