The Rise and Fall of Crypto Billionaire Sam Bankman-Fried from Talk Easy

The Rise and Fall of Crypto Billionaire Sam Bankman-Fried from Talk Easy

Author: Pushkin Industries December 12, 2023 Duration: 1:04:48

Enjoy this episode from another Pushkin Industries podcast, Talk Easy with Sam Fragoso.

Upon taking a walk with crypto billionaire Sam Bankman-Fried, writer Michael Lewis had a sense that there might be a story here. In the intervening two years, that story has taken a series of twists and turns, resulting in Lewis’ new book Going Infinite: The Rise and Fall of a New Tycoon.

At the top, we walk through Bankman-Fried’s Manhattan trial, the subject at the center of this winding story, and why Lewis was first interested in observing him. Then, he unpacks Bankman-Fried’s belief in effective altruism, his probabilistic approach to trading, and how his Stanford law professor parents shaped his thinking.

On the back-half, we discuss the ten-day period of FTX’s collapse, the scene in the Bahamas as Bankman-Fried filed for bankruptcy, and why Lewis felt a kinship with Sam’s parents in that moment. To close, Michael reflects on his own journalistic tendencies and how he managed to write this book in the aftermath of great personal tragedy.

For thoughts, reflections, and guest suggestions, drop Sam a line at sf@talkeasypod.com.

See omnystudio.com/listener for privacy information.


Fifteen years have passed since Michael Lewis published his defining work, Against the Rules: The Big Short Companion. In that time, the story of the 2008 financial crisis, first told in his best-selling book and later in an Oscar-winning film, has only grown more relevant. This audio companion, produced by Pushkin Industries, is not a simple retrospective. Instead, Lewis, joined by co-host Lidia Jean Kott, uses the anniversary as a starting point for a deeper investigation. They examine the enduring legacy of that seismic event-how its lessons were absorbed, ignored, or misunderstood in the worlds of business, culture, and even sports. Listeners are brought directly into conversations that feel both urgent and reflective, including Lewis catching up with the film's director, Adam McKay, and revisiting the real-life individuals whose stories fueled the original narrative. The result is a podcast that functions as a vital, living appendix to a modern classic, asking what we truly learned and how the rules of the game have-or haven't-changed since the house of cards came tumbling down. It’s an essential listen for anyone who wonders how the past continues to shape our present.
Author: Language: en-us Episodes: 100

Against the Rules: The Big Short Companion
Podcast Episodes
Judging Sam: Nishad Singh Takes the Stand [not-audio_url] [/not-audio_url]

Duration: 8:41
It was supposed to be a quiet Monday in court, but it turned out to be everything but. Nishad Singh, a former top executive at FTX, and a close personal friend of the Bankman-Fried family took the stand. Lidia Jean calls…
Judging Sam: Week 2 Catch-up with Michael Lewis [not-audio_url] [/not-audio_url]

Duration: 25:36
Week 2 of Sam Bankman-Fried’s trial is in the books. The prosecution has called witnesses, including star witness Caroline Ellison, and the defense has cross-examined. There have been dramatic, emotional moments, a secre…
Judging Sam: Ellison Testimony Wraps Up [not-audio_url] [/not-audio_url]

Duration: 18:01
Caroline Ellison, former co-CEO of Alameda Research and Sam Bankman-Fried’s ex-girlfriend, spent 3 days on the stand this week. Ellison recently pled guilty to financial fraud, and is cooperating with the prosecution. In…
Judging Sam: Caroline Ellison Takes The Stand [not-audio_url] [/not-audio_url]

Duration: 16:46
Caroline Ellison, former co-CEO of Alameda Research and Sam Bankman-Fried’s ex-girlfriend, takes the stand and has a lot to say. Ellison recently pled guilty to financial fraud, and is cooperating with the prosecution. I…
Judging Sam: Catching up with Michael Lewis [not-audio_url] [/not-audio_url]

Duration: 21:07
Week 1 of Sam Bankman-Fried’s trial is in the books. The jury is seated, opening statements have been given, and witnesses are taking the stand. Lidia Jean has been in court, and Michael has been on book tour. In this ep…
Judging Sam: Opening Statements [not-audio_url] [/not-audio_url]

Duration: 23:07
SBF’s trial has been on for three days, and a lot has happened: jury selection, opening statements, and the first witnesses. Pushkin co-founder Jacob Weisberg sits down with reporter Lidia Jean Kott and Rebecca Mermelste…
Judging Sam: Jury Selection [not-audio_url] [/not-audio_url]

Duration: 31:46
The trial of former FTX CEO Sam Bankman-Fried got underway yesterday in the Southern District of New York. First order of business? Empanelling a jury. Reporter Lidia Jean Kott was there. To get more insight into how jur…
Judging Sam: The Case Against SBF [not-audio_url] [/not-audio_url]

Duration: 30:28
Sam Bankman-Fried's trial starts today in the formidable Southern District of New York, with Judge Lewis A. Kaplan presiding. If convicted, the former multi-billionaire and CEO of crypto exchange FTX could spend the rest…
Judging Sam: The Trial of Sam Bankman-Fried [not-audio_url] [/not-audio_url]

Duration: 1:35
Just a year ago, Sam Bankman-Fried was heralded as a wunderkind, a genius, a crypto innovator, a major philanthropist and political donor. He was worth tens of billions of dollars. FTX, the crypto exchange he founded, wa…