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