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Financial ratios are the essential shorthand analysts use to distill massive financial statements into actionable insights. In this episode of Corporate Finance Explained on FinPod, we go beyond academic definitions to explore how ratios reveal a company's true story, measuring performance, efficiency, and existential risk.We examine four pillars of analysis and use contrasting examples, such as Apple vs. Dell, Walmart, Netflix, and the catastrophic failure of Enron, to illustrate how to identify red flags and assess the quality of a business.This episode covers:The Four Pillars of Analysis: Liquidity, Profitability, Leverage, and Efficiency, and why they are the strategic dials that CEOs and CFOs constantly turn.Liquidity Secrets: Why a low current ratio is a sign of strength for an efficient company like Walmart (operating on negative working capital), but a red flag for almost everyone else.The Profitability Contrast: Why Apple competes on premium margin while Dell competes on volume, and how different strategies play out in Operating Margin and Return on Assets (ROA).The Misleading Metrics: Why the P/E ratio is often overrated and why Return on Equity (ROE) can be misleading, masking high risk—and how the DuPont Framework is essential for determining the quality of that return.Leverage & Strategy: The high-risk, high-reward strategy of Netflix using high debt to fund content growth (strategic leverage) versus the structural leverage profile of Dell.The Enron Lesson: The ultimate warning. How the cash flow statement and leverage ratios exposed the fraud, proving that a beautiful income statement means nothing if the underlying cash flow is telling a darker story.
How do we raise the next generation to be financially wise in a world obsessed with “getting rich quick”? In this episode, Lance Roberts sits down with financial writer Benjamin Gran to discuss the right way to teach children about money, work, and investing. From saving before investing, to understanding the true value of work, and avoiding the pitfalls of speculative frenzies — we cover everything from Enron and Kozmo.com to the meme-stock craze and the AI hype cycle on Wall Street. Benjamin and Lance break down how to build long-term investing habits that last, why risk management and time horizons matter more than “hot tips,” and how classic investing wisdom from John Bogle, Warren Buffett, and Charlie Munger still applies today. You'll also hear how parents can instill financial literacy and responsibility early — through chores, jobs, and saving — not just allowances and apps. The real secret? Teaching kids that saving money feels as good as spending it, and that success is built on work ethic, patience, and purpose.
We begin today's show with a roundup of news on Senate negotiations over the government shutdown, as well as the news of Trump deploying troops to Israel to promote aid for Islamic nutcases. Next, we're joined by Brian Jacobson, an expert in training with AI LLMs, for a long discussion about the unsustainable pursuit of “artificial general intelligence.” He explains how cloud-based AI chatbots are barely bringing in revenue and relying on Enron-style accounting to push a massive bubble without creating external revenue. He also debunks the talking points about data centers being the key to rivalling China and the notion that we are on the cusp of deploying new nuclear technology that can power this bubble. Finally, we discuss the difference between narrow-tailored AI, which is beneficial, profitable, and a useful pursuit, vs. artificial general intelligence, which relies on data centers and other painful “investments.” Brian also explains how we are nowhere near achieving AGI because God's human brain invention is a lot more complicated than we even realize. Learn more about your ad choices. Visit megaphone.fm/adchoices
Send us a textThis week on The Wall Street Skinny, we kick off discussing gold ripping to record highs and unpack why that's happening in a still-high-rate world: sticky inflation keeping real yields muted, central-bank buying, safe-haven demand, and a dash of retail frenzy. We also poke holes in the “25/25/25/25” portfolio meme (equities/bonds/cash/gold) and talk through why allocation can't be one-size-fits-all—age, goals, and cash-flow needs matter.Then we dive into First Brands' Chapter 11 and the alleged “Enron-style” shenanigans behind $2.3B of vanishing assets. We explain collateral, receivables/inventory financing, why overlapping pledges are a five-alarm fire, and who's exposed (private credit funds at Street names like Jefferies and UBS get a mention). Bigger picture: what this says about today's credit boom, looser covenants, and why fraud tends to surface when the cycle turns—plus what two auto-related bankruptcies might signal about the consumer/auto complex.We also decode that viral “Ferrari-loving trader” headline: how a naked short in long bonds around the COVID shock morphed into an 11,000-to-1 leverage debacle and ~$250mm in Street losses—complete with a plain-English walk-through of bond shorting, repo, and settlement. Finally, we react to the Centerview analyst lawsuit over sleep accommodations and the perennial debate over banking culture, expectations, and realistic boundaries. Stick around for what's next: a Distressed Debt 101 primer in November and a packed slate of heavyweight guests.For a 14 day FREE Trial of Macabacus, click HERE Access the free replay of the Masterclass here!Presale access for our newly launched Fixed Income self-paced course here: https://thewallstreetskinny.com/fixed-income-sales-trading-investing/#fixed-income-sales For 20% off Deleteme, use the code TWSS or click the link HERE! Sign up for our LIVE Virtual Bootcamps! 2-Day Financial Modeling Bootcamp Master the technical Excel and accounting skills essential for investment banking, private equity, and fundamental investing. (Learn more HERE) Global Markets & Investing PlaybookA one-day crash course on the financial ecosystem, perfect for anyone seeking a big-picture understanding of how global markets and Wall Street fit together. Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. (Learn more HERE)
Danielle DiMartino Booth, CEO and Chief Strategist at QI Research, joins Julia La Roche in-studio following the Fed minutes. In this episode, DiMartino Booth highlights how the Fed quietly reclassified nearly $300 billion in loans on a Friday afternoon with no comment, shifting them from stodgy commercial categories into the "black box" of non-depository financial institution (NDFI) lending now totaling $1.7 trillion. She draws parallels to Enron as First Brands bankruptcy exposes what appeared to be an auto supplier was actually a financial using off-balance sheet vehicles, with subprime delinquency rates likely double reported figures. Elsewhere, Booth warns youth unemployment hit 1988 levels but from lack of demand not supply as companies blindly adopt AI without hiring, leaving the Class of 2025 worse off than 2024. She argues gold has become a "meme stock" with Wall Street firms' price targets signaling contrarian risk, while the government shutdown leaves the Fed "flying blind" without official data for their October 29th meeting.Sponsors: Monetary Metals: https://monetary-metals.com/julia Links: Danielle's Twitter/X: https://twitter.com/dimartinobooth Substack: https://dimartinobooth.substack.com/ YouTube: https://www.youtube.com/@DanielleDiMartinoBoothQIFed Up: https://www.amazon.com/Fed-Up-Insiders-Federal-Reserve/dp/07352116550:00 Hawkish Fed minutes - knife in Miran's back1:44 Fed insider on Miran controversy2:48 Did Fed want September cut?5:08 Shutdown means Fed flying blind October6:04 Gold and NASDAQ flying - unusual7:03 Gold as meme stock - contrarian warning9:50 NDFI loans - $1.7 trillion black box12:21 $250B loan reclassification bombshell13:14 Fed reclassified quietly on Friday14:17 First brands like Enron revelation16:21 Off balance sheet financing returns18:25 Subprime delinquencies likely double20:15 Is this systemic? Fed doesn't know21:28 Fed won't move without official data22:22 Challenger data horror at Fed24:52 Charts need gray recession bars25:12 Fed put born October 198727:32 Youth unemployment demand crisis30:02 AI adoption without hiring32:24 Parents worry kids made redundant33:20 First five years determine career35:48 Not sending kids to college37:11 Put faces on repo statistics38:47 Markets masking K economy39:01 Lowercase i economy concept
I am a customer of Bull Market Gifts, and when I spend time on their website, I'm hooked and have a difficult time leaving.Last year, I purchased some vintage annual reports, and I bought another before I interviewed the co-founder and owner of this niche retailer.Their product offering also includes old stock certificates and a deep assortment of New York Stock Exchange memorabilia. During this conversation with Mike Oaklief, you will hear about Gordon Gekko, Enron's Code of Ethics, and a story about an American Exchange stock certificate that can be yours for more than $3,000.
Viele glauben, Transformation sei ein Projekt. Ein Start. Ein Ende.Etwas, das man in die Organisation „einführt“ – neben dem Tagesgeschäft. Doch genau daran scheitern viele Unternehmen: Sie unterschätzen, was echte Veränderung verlangt.In Wirklichkeit ist Transformation kein Add-on, sondern eine Haltung.Sven Becker bringt es im Transformation Leaders Podcast auf den Punkt: Wandel gelingt nur, wenn Führungskräfte authentisch bleiben, die „brennende Plattform“ aufzeigen – und sich selbst nicht überhöhen. Change braucht Mut, Nähe und den Willen, gemeinsam durchs Tal der Tränen zu gehen. Erst dann entsteht echte Bewegung – von innen.Wer Veränderung führen will, muss Haltung zeigen. Jeden Tag. In jedem Meeting. In jeder Entscheidung.
In this episode of the Great Trials Podcast, hosts Steve Lowry and Yvonne Godfrey sit down with Jim Tuxbury from Hinckley, Allen and Snyder to discuss the landmark Sarbanes-Oxley whistleblower retaliation case of Carlos Domenech vs. Terraform Power and Terraform Global. Case Details: Hinckley Allen secured a historic victory with a $34.5 million recovery in favor of its client, Carlos Domenech Zornoza (Mr. Domenech), marking the culmination of a nine-year legal battle. This is the largest documented recovery for a Sarbanes-Oxley whistleblower retaliation claim since the statute was enacted in 2005 following the Enron scandal. (More details on the case) Guest Bio: Jim Tuxbury Jim is a partner and trial lawyer in our litigation practice, focusing primarily on complex commercial business disputes and securities litigation, as well as product liability, white-collar defense, and government investigations. As a trial lawyer, Jim has litigated and tried cases in state and federal court in Massachusetts and throughout the country. Recently, Jim prevailed in the trial of a Sarbanes Oxley Whistleblower case on behalf of the former CEO of Terraform Power Inc. and Terraform Global, Inc. and obtained a $34.5 million recovery for his client after the Court found the defendants were liable for unlawfully terminating their former CEO in retaliation for his whistleblowing activities. Read Full Bio CONNECT WITH OUR GUEST: Jim Tuxbury on LinkedIn LISTEN TO PREVIOUS EPISODES & MEET THE TEAM: Great Trials Podcast Show Sponsors: Legal Technology Services Harris Lowry Manton LLP - hlmlawfirm.com Production Team: Dee Daniels Media Podcast Production Free Resources: Stages Of A Jury Trial - Part 1 Stages Of A Jury Trial - Part 2
How much of the mania is inherent to crypto and how much is just SBF? Cryptomania: Hype, Hope, and the Fall of FTX's Billion-Dollar Fintech Empire By: Andrew R. Chow Published: 2024 416 Pages Briefly, what is this book about? The 2020-2022 crypto boom. Three groups stand out. The scammers, as represented by Sam Bankman-Fried (SBF). The idealists, as represented by Vitalik Buterin and the victims as represented by African NFT artist Owo Anieti. What's the author's angle? Chow definitely thinks that there was a crypto bubble that popped in 2022 with the implosion of FTX. Whether he thinks crypto is a bubble in its entirety is less clear. He's definitely not a crypto booster. Who should read this book? I mostly read it to partake in some schadenfreude at SBF's expense. It delivered on that. If you have similar desires I would recommend it, but it also did a great job of outlining the craziness of that era. What Black Swans does it reveal? The collapse of FTX played out over a much shorter time period than the collapse of, say, Enron or Lehman Brothers. If crypto gets more entrenched into the world's financial system while maintaining this quality of rapid volatility, that would be bad. Specific thoughts: Owo vs. SBF
What if time wasn't fixed, but something you could stretch, compress, and reframe? In this episode of Leveraging Thought Leadership, host Bill Sherman sits down with John Coyle—Olympian, design thinking expert, and author of "Design for Strengths". John has spent his life chasing the meaning of time, from hundredths of a second on the ice to decades in thought leadership. His work asks us to reconsider not just how much time we have, but how we experience it. John shares how fleeting moments can reset the trajectory of our lives—an insight that came from his Olympic journey where fractions of a second separate gold from "first loser". He explains the Greek distinction between Chronos (clock time) and Kairos (human, transformative time) and why organizations and leaders need to design for the moments that truly matter. We explore John's unique career path—from competing alongside Lance Armstrong and working with Enron to translating neuroscience and psychology into practical lessons on leadership, innovation, and resilience. Along the way, he reveals how flow state, storytelling, and emotional engagement can make time slow down and make ideas stick. You'll also hear John's most powerful Kairos moment—the story of a silver medal, a boy who became an Olympian, and how one act of kindness changed two lives forever. It's a reminder that you never know when a small choice can alter someone's future. This conversation challenges leaders to rethink their relationship with time, memory, and meaning. It's not about adding years to your life—it's about adding more life to your years. Three Key Takeaways: • Moments reset the future. Leadership pivots often come from brief Kairos moments that redefine direction more than years of steady effort. • Memories are the currency of time. Flow states, risk, and storytelling create lasting memories that make life feel longer and leadership more impactful. • Design for strengths, not weaknesses. Leaders unlock innovation and resilience when they focus on amplifying strengths instead of patching flaws. If you found value in today's conversation about designing time, flow, and moments that move you forward, you'll want to listen to Maximizing the Flow of Ideas for Your Organization with guests Jeremy Utley and Perry Klebahn. That episode digs into how leaders generate more ideas over time—and why volume, variety, and experimentation are just as important as insight or vision. Both episodes ask a powerful question: how do you create an environment where your best ideas don't just happen—but compound? In short, if you want tools for turning strengths into breakthroughs, and moments into momentum—this is your next listen. It'll help you scale creativity, lead from possibility, and expand what “thought leadership” can mean across your team or organization.
This week: NVIDIA has announced a $100 billion investment in OpenAI to help build out data centers equipped with NVIDIA chips. Felix Salmon, Elizabeth Spiers, and Emily Peck, joined by Bloomberg's Max Chafkin, examine the complexities of this massive deal and why it might feed the argument that the AI boom is a bubble. Then,Trump has announced a $100,000 fee for H-1B visas.They discuss how the clunky rollout of this plan has caused chaos and what it signals about the administration's immigration goals. And finally, Max explains how a parody of Enron that turned into a memecoin fiasco. In the Slate Plus episode: Digging into the 0.01% rule Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week: NVIDIA has announced a $100 billion investment in OpenAI to help build out data centers equipped with NVIDIA chips. Felix Salmon, Elizabeth Spiers, and Emily Peck, joined by Bloomberg's Max Chafkin, examine the complexities of this massive deal and why it might feed the argument that the AI boom is a bubble. Then,Trump has announced a $100,000 fee for H-1B visas.They discuss how the clunky rollout of this plan has caused chaos and what it signals about the administration's immigration goals. And finally, Max explains how a parody of Enron that turned into a memecoin fiasco. In the Slate Plus episode: Digging into the 0.01% rule Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week: NVIDIA has announced a $100 billion investment in OpenAI to help build out data centers equipped with NVIDIA chips. Felix Salmon, Elizabeth Spiers, and Emily Peck, joined by Bloomberg's Max Chafkin, examine the complexities of this massive deal and why it might feed the argument that the AI boom is a bubble. Then,Trump has announced a $100,000 fee for H-1B visas.They discuss how the clunky rollout of this plan has caused chaos and what it signals about the administration's immigration goals. And finally, Max explains how a parody of Enron that turned into a memecoin fiasco. In the Slate Plus episode: Digging into the 0.01% rule Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week: NVIDIA has announced a $100 billion investment in OpenAI to help build out data centers equipped with NVIDIA chips. Felix Salmon, Elizabeth Spiers, and Emily Peck, joined by Bloomberg's Max Chafkin, examine the complexities of this massive deal and why it might feed the argument that the AI boom is a bubble. Then,Trump has announced a $100,000 fee for H-1B visas.They discuss how the clunky rollout of this plan has caused chaos and what it signals about the administration's immigration goals. And finally, Max explains how a parody of Enron that turned into a memecoin fiasco. In the Slate Plus episode: Digging into the 0.01% rule Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, including compliance, ethics, risk management, leadership, or general interest, relevant to the compliance professional. Top stories include: A former Navy No. 2 was sentenced to 6 years for corruption. (NBC News) SEC revokes arbitration prohibition for IPOs. (Reuters) BCG employees to take Humanitarian Principles training. (FT) Enron parody goes south. (Bloomberg) Learn more about your ad choices. Visit megaphone.fm/adchoices
Your company's balance sheet looks clean, but what financial secrets might be hiding just off the books? In this episode of Corporate Finance Explained on FinPod, we explore the hidden world of off-balance sheet financing. This practice isn't always bad. Sometimes it's a smart strategic move, but it can also be a dangerous way to obscure a company's true financial health.We'll teach you how to spot the risks and understand the crucial difference between legitimate and deceptive practices.This episode covers:Common Forms of Off-Balance Sheet Financing: From historical operating leases (used by companies like Starbucks and Delta) to modern-day Joint Ventures (JVs) and Special Purpose Entities (SPEs).Intent vs. Abuse: We analyze textbook examples of abuse, like Enron's catastrophic use of SPEs to hide billions in debt, and contrast it with legitimate strategic uses that are transparently disclosed.The Case of GE: We examine how even technically legitimate but overly complex structures can erode investor confidence and become a major problem.Practical Detective Work: Learn the top three things to look for in a company's financials to spot hidden risks. We show you why you must read the footnotes and how to adjust your own analysis to get a realistic picture of a company's leverage.This is a must-watch for anyone who wants to see the full financial story beyond the main balance sheet.
Introducing “The Four Heavies" - manipulation, intimidation, coercion, and deceit - in today's episode, McKay demonstrates the detrimental impact they can have on individuals and organizations. He argues that while these tactics may yield short-term results, they create unhealthy patterns in mental and emotional development, ultimately undermining trust and growth.McKay illustrates these effects with personal stories: Anna's anxiety from manipulation, Marcus's isolation from intimidation, and Lena's trust issues from deceit. He extends this to corporate failures like Enron and Wells Fargo, showing how "The Heavies" disrupt brain development and foster toxic cultures. Our host then offers actionable alternatives: focusing on potential, modeling calmness, and cultivating empathy. Join him today to transform your parenting and leadership for lasting success.Main Themes:"The Four Heavies" (manipulation, intimidation, coercion, deceit) are detrimental to individual development and organizational culture.Childhood experiences of "The Four Heavies" profoundly impact brain development, emotional regulation, and future relationships.Organizational cultures can mirror individual parenting styles, leading to systemic problems when built on "The Four Heavies."Focusing on the potential of others fosters growth and healthy relationships.Modeling calm, desired behavior creates a safe environment for emotional processing and learning.Empathy is a powerful tool for connection and leadership, leading to trust and attraction.Positivity correlates with success, even more than aptitude.Avoiding "The Four Heavies" leads to more effective leadership, greater satisfaction, and positive impact.Self-compassion is important as we strive for improvement.Top 10 Quotes:"The long-term effect of using ‘The Four Heavies' is extremely unhealthy.""Underneath the surface, we all have a richer, more valuable person.""When we see this potential, it's natural to lead genuinely and authentically.""Coercion uses fear or punishment to force behavior.""When individuals feel manipulated or unsafe, they seek healthier environments.""Being calm invites reasoning and thinking.""Positivity heavily correlates to predicting a person's success, even if they lacked aptitude."Show Links:Open Your Eyes with McKay Christensen
Have you ever wondered why some companies thrive while others, with seemingly great products, collapse? The answer often lies in an unseen force: corporate governance. In this episode of Corporate Finance Explained on FinPod, we go beyond compliance checklists to explore how the delicate balance between a company's board, executives, and shareholders is the true engine of its financial health or its ultimate demise.We'll use compelling real-world case studies to show you what happens when governance fails (and when it works spectacularly well). This episode is a must-watch for any finance professional looking to understand the forces that truly drive a company's financial success.This episode covers:What is Corporate Governance? We demystify this critical framework, explaining its role as the "operating system" for a company's financial decision-making, from risk management to capital allocation.When Governance Fails: We analyze the devastating consequences of governance failures at Enron, Theranos, and WeWork, revealing how a lack of transparency, expertise, and oversight can destroy billions in value.When Governance Works: We look at inspiring examples of good governance in action, showing how companies like Unilever and Microsoft used a strong framework to foster resilience, innovation, and long-term value creation.Your Role in Governance: We provide five actionable best practices for finance professionals to become central players in strengthening their company's financial integrity and strategic clarity.This is a comprehensive guide to understanding the invisible hand that guides a company's financial future.
This week's interview is with Tim Hanley, a Milwaukee native & Titan 100 HOF whose career reads like a Hollywood script—until it didn't. From rising to partner at Arthur Andersen to navigating the collapse of the firm during the Enron scandal, Tim faced a leadership crucible that tested everything he believed about trust, transparency, and tenacity. But that wasn't the end. Years later, after retiring from Deloitte, Tim stepped into another storm—this time as interim dean at Marquette University just as COVID shut down the world. What he thought would be a one-year commitment turned into a 4½-year mission to guide a business school through unprecedented uncertainty.
A-lign founder and CEO Scott Price joins Tom Wallace and Saxon Baum to unpack the “all gas, no brakes” journey behind building a category leader in cybersecurity compliance. Scott traces his roots from Arthur Andersen and the Enron fallout to bootstrapping through 2009, landing the first clients, and evolving from SOC 2 mainstay to a broader, tech-enabled platform. He shares candid lessons from a re-traded 2017 deal, why outside capital served as market validation, and how partnering with FTV and later HG set the stage for scale enterprise expansion, European growth, and smart M&A. We dig into frameworks over tools for AI risk, the rise of CMMC and federal standards, and how Tampa's defense ecosystem fuels elite cybersecurity talent. Plus, leadership chemistry with a CFO, why second acts aren't automatically easier, and a lightning round on Bitcoin, AI's job impact, and the China tech challenge. A masterclass in grit, governance, and growth forward. Hosted on Acast. See acast.com/privacy for more information.
“If you see the Pope, tell him hello.” That's what Jack Copeland would say—and he just might have meant it. In this unforgettable episode of Kent Hance: The Best Storyteller in Texas, Kent dives deep into the wild, colorful life of Jack Copeland, a larger-than-life character from Dimmitt, Texas, whose name-dropping was only outmatched by the truth behind it. From rubbing shoulders with Margaret Thatcher and Bob Dole to orchestrating international oil deals with Exxon and Japanese officials, Copeland's life was anything but ordinary. Kent shares hilarious and heartfelt stories about Copeland's uncanny ability to be everywhere, know everyone, and always be in the middle of a big deal—whether it was real or not. You'll hear about: The time Copeland pre-scheduled his own funeral (and then postponed it). His Acapulco condo pitch—despite the city's rising crime. The “Rolex” gift that turned out to be a knockoff. His legendary name-drops, including a moment with President George W. Bush. But this episode isn't just about Copeland. Kent also reflects on business wisdom, job interview tips, and the importance of authenticity—sprinkled with his signature humor and insight. From UFO conventions in Roswell to dodging a seat on Enron's board, Kent's stories are as educational as they are entertaining. Memorable Quote: “Every ‘no' is one no closer to a yes.” – Snake Adams Whether you're chasing big dreams or just love a good Texas tale, this episode is packed with laughs, lessons, and legends.
On today's episode of Simply Money presented by Allworth Financial, Bob and Brian explore why even beloved companies like Cracker Barrel can stumble, why Nvidia now makes up such a huge piece of the S&P 500, and what past giants like GE and Enron teach us about diversification. They'll also cover the latest Social Security COLA estimate, the buzz around private equity in retirement plans, and how to future-proof your career in the age of AI.
The PCAOB is under siege. Critics say it's overreached its mission while supporters argue we've forgotten why it was created: to prevent another Enron or WorldCom. On this episode of The Pre-Read, Workiva Industry Principals Chelsea Hall and Grant Ostler join for a roundtable to discuss what's broken and what's worth saving. We examine the push to dismantle the board and roll its responsibilities into the SEC. We also discuss what executives need to keep in mind, the importance of maintaining investor confidence in financial reporting, and how leveraging technology can streamline compliance and reduce the burden of documentation. 0:00 Introduction 01:40 What's going on with the PCAOB? 03:20 Is this political theater or a real threat? 05:00 Why the PCAOB matters to the C-suite 06:30 The value of audits as a foundation for capital markets 08:00 Where the PCAOB may have missed the mark 10:15 The cost of compliance 13:30 Investor concerns on regulation and efficiency 16:15 How companies can prepare for change 17:30 Finding the balance between regulation and efficiency Enjoy this episode? Find past conversations of us surfing the uncharted waters of accounting, finance, risk, and wherever else the waves take us at workiva.com/pre-read-podcast. Subscribe to catch all our upcoming episodes, including episodes about the latest conversations in all things finance, sustainability, audit, and risk.
In this episode of Stuttering in Silence, Matt and Gavin uncover one of the most infamous corporate scandals in history — the Enron scandal. Once a Wall Street darling, Enron's rise and catastrophic fall revealed a world of accounting fraud, corporate greed, and deceit that shook the financial industry to its core. We break down how a company valued at over $60 billion collapsed almost overnight, the shady practices that made it possible, and the lasting impact it had on corporate America. Prepare for a story of ambition, arrogance, and the price of unchecked power.
Hi friends, happy Wednesday! I always wanted to date Robbie Sinclair from Dinosaurs. Anyone else? [CRICKETS] So whenever I drive by a Sinclair gas station, you know, the one with the dinosaur logo? I always think of him. His spiky hair. That letterman jacket. I don't care that he was a foam puppet. I was eight and I knew what I wanted. And what I wanted… was Robbie. I was so distracted by my thoughts of Robbie that I never realized Sinclair Oil had a dark secret. And the whole time it was hiding in plain sight. Back in the 1920s, oil was the new gold. Because out of nowhere, all of a sudden, everything was running on it. Literally. Cars and airplanes were taking over. And if World War 1 taught us anything, it was that we needed an emergency stash of oil for the military… Just in case. It was like a gold rush… but with oil. And when there's money on the table, somebody's gonna get greedy. This is how a *huge* government scandal happened. I'm talking corruption, shady deals, and millions of dollars stuffed into a black briefcase. Today we're diving into one of the dirtiest scandals in U.S. history. Before Watergate, before Enron, before Bill Clinton and Monica, there was… Teapot Dome. And yes, it involves a teapot. Kind of. Welcome to the Dark History of Teapot Dome. I sometimes talk about my Good Reads in the show. So here's the link if you want to check it out. IDK. lol: https://www.goodreads.com/user/show/139701263-bailey ________ FOLLOW ME AROUND Tik Tok: https://bit.ly/3e3jL9v Instagram: http://bit.ly/2nbO4PR Facebook: http://bit.ly/2mdZtK6 Twitter: http://bit.ly/2yT4BLV Pinterest: http://bit.ly/2mVpXnY Youtube: http://bit.ly/1HGw3Og Snapchat: https://bit.ly/3cC0V9d Discord: https://discord.gg/BaileySarian RECOMMEND A STORY HERE: cases4bailey@gmail.com Business Related Emails: bailey@underscoretalent.com Business Related Mail: Bailey Sarian 4400 W. Riverside Dr., Ste 110-300 Burbank, CA 91505 ________ This podcast is Executive Produced by: Bailey Sarian & Kevin Grosch and Joey Scavuzzo from Made In Network Head Writer: Katie Burris Research provided by: Xander Elmore Special thank you to our Historical Consultant: Luke Nichter, Professor of History at Chapman University. Director: Brian Jaggers Edited by: Julien Perez Additional Editing: Maria Norris Post Supervisor: Kelly Hardin Production Management: Ross Woodruff Hair: Luca Burnett Makeup: Nikki La Rose ________ When shoppers choose to buy your products, turn them into loyal customers with cheaper, faster, and better shipping. Go to https://www.shipstation.com/darkhistory to sign up for your FREE trial. Stop putting off those doctors appointments and go to https://www.zocdoc.com/DARKHISTORY to find and instantly book a top-rated doctor today. And right now, OpenPhone is offering my listeners 20% off of your first 6 months at https://www.openphone.com/darkhistory. If you have existing numbers with another service, OpenPhone will port them over at no extra charge. OpenPhone: no missed calls, no missed customers.
Industrial Talk is talking to Brian Baker, President and CEO of Sentry Equipment about "Achieving manufacturing excellence with high employee satisfaction". Scott Mackenzie interviews Brian Baker, CEO of Sentry Equipment, highlighting the company's 100-year history and its role in power generation and water sampling. Baker discusses Sentry's evolution from supporting dairy boilers to power plants and other industries, emphasizing the importance of low-cost energy, a skilled workforce, advanced technology, and the U.S. being the largest market. He also explains Sentry's transition to employee ownership in 1986, which has motivated employees and improved customer service. Baker advocates for employee ownership as a fair and effective transition strategy for business owners. Action Items [ ] Connect with Brian Baker on LinkedIn or email him at Brian.Baker@SentryEquip.com to discuss employee ownership and transitioning businesses to employee ownership. [ ] Reach out to Brian to learn more about Sentry Equipment's manufacturing capabilities and how they can support your business. Outline Introduction and Purpose of Industrial Talk Podcast Speaker 1 introduces Scott Mackenzie and the Industrial Talk Podcast, emphasizing its focus on industry professionals and innovations. Scott MacKenzie thanks listeners for their support and highlights the excitement in various industries like manufacturing, oil and gas, and power generation. Scott MacKenzie introduces Brian Baker, CEO of Sentry Equipment, and expresses excitement about the conversation. Scott MacKenzie encourages listeners to amplify their voices and messages through Industrial Talk, offering to have conversations on various industry topics. Introduction of Brian Baker and Sentry Equipment Scott MacKenzie welcomes Brian Baker to the podcast and highlights Sentry Equipment's 100-year history of providing solutions and services. Brian Baker shares his background, mentioning his transition from being a CPA to a financial position at Sentry Equipment in 1995. Brian Baker discusses his role as President and CEO for the past 13 years and his enjoyment of the strategic aspects of managing the business. Scott MacKenzie and Brian Baker discuss the evolution of Sentry Equipment from supporting dairy boilers to power generation and other industries. Sentry Equipment's Role in Power Generation Brian Baker explains how Sentry Equipment's products and services help power stations maintain efficient operations by monitoring water chemistry. Scott MacKenzie relates his background in power generation and asks for a specific use case. Brian Baker describes how Sentry Equipment's equipment helps moderate heat, flow, and pressure in power plants, ensuring precise water chemistry monitoring. Brian Baker highlights the company's dual role as a manufacturer and a full-service provider, offering installation, training, and maintenance contracts. Sentry Equipment's History and Evolution Brian Baker shares the history of Sentry Equipment, starting with its founder Roy Henze and the company's initial focus on dairy boilers. Scott MacKenzie and Brian Baker discuss the company's evolution from supporting dairies to power plants as the electric grid became more reliable. Brian Baker talks about the company's diversification in the 2000s due to the Enron scandal and the subsequent decline in the power industry.
Hoje Thais entrevista a mentora Andréa Cruz, fundadora da Serh1, conselheira do Capitalismo Consciente e uma das vozes mais potentes do RH. Neste episódio, ela compartilha por que a coragem de não saber pode ser uma vantagem e como sua jornada até o Everest mudou sua forma de viver. Falamos sobre prazer, desaceleração, retrocesso nas pautas de diversidade e o que significa construir uma carreira madura com coragem e presença. Vambora entender esse sucesso?Toda semana tem novo episódio no ar, pra não perder nenhum, siga: LinkedIn: https://www.linkedin.com/in/thaisroque/Instagram Thais: https://www.instagram.com/thaisroque/ Instagram DCNC: https://www.instagram.com/decaronanacarreira/TikTok: https://www.tiktok.com/@decaronanacarreiraYouTube: https://www.youtube.com/@Decaronanacarreira?sub_confirmation=1Link da Andrea:Insta - https://www.instagram.com/andreacruzcarreiraMala de viagem:Mulheres que correm com os lobos - https://amzn.to/4m3SKB5Amor sem escalas - https://www.adorocinema.com/filmes/filme-138895/Enron - https://www.adorocinema.com/filmes/filme-59325/Equipe que faz acontecer:Criação, roteiro e apresentação: Thais RoqueConsultoria de conteúdo: Beatriz FiorottoProdução: José Newton FonsecaSonorização e edição: Felipe DantasIdentidade Visual: João Magagnin
SEASON 2 - EPISODE 152 - Lucy Prebble - Playwright / Writer Playwright and writer Lucy Prebble (SUCCESSION, I HATE SUZIE, ENRON) joins us in this episode of the Team Deakins Podcast. Lucy's plays frequently incorporate the physical space of the stage in the telling of the story and involve the audience in engaging and creative ways, and we were excited to talk to her about storytelling both on stage and on screen. We learn how, after a bookish childhood, she eventually found the courage to have her own plays put on, and she reflects on her experiences running her own television show and working on others'. Lucy also wrote for the amply-budgeted video game DESTINY, and she shares (as much as she's allowed to) how the writing process works for something with that many resources. Lucy also reveals the real-world events that inspired her plays ENRON and THE SUGAR SYNDROME, and we learn how she identifies the real human relationships at the heart these stories. We also discuss the value of empathy and deadlines for a writer, and Lucy makes a prediction for the future of the theatre in the digital age. Plus, we observe that many of history's greatest writers were really just frustrated actors. - This episode is sponsored by Barco & Aputure
The markets are overheating : Records are being made on the ASX while profits are actually falling. As we inch towards the most dangerous time of the year for the share market, you should be rebalancing your investment portfolio. Adviser and family office chair, Dr Doug Turek joins Associate Editor - Wealth, James Kirby, in this episode. -----In today's show, we cover: Rebalancing time - whether you like it or not The alternatives to shares...especially gold A very obvious way to avoid the new super tax Could the AI boom throw up a new Enron? See omnystudio.com/listener for privacy information.
Stocks are rallying despite weak fundamentals. Lance Roberts & Danny Ratliff examine the real reasons behind the 2025 market surge. Malcom Jamal-Warner and Ozzy Osborne pass; they always come in three's: Who's next? Trumps tariff deal with Japan moves markets momentarily; Meme stocks are back. Negative divergences while markets on the rise signal more potential for market correction (not crash!) Lance & Danny discuss why stocks are up and where the money is coming from. The Roberts' Family Saga - the tale of the new mattress - continues. Why's the market going up: Markets move on speculative activity & narratives (don't watch the news during the day!) Lance & Danny discuss how the news affects forward earnings (think: Enron), and why we have Sarbanes-Oxley. How we manage our portfolios; the Schiller CAPE-10 explained, and mean reversion cycles. * NOTE: The Real Investment Show will be 100% digital starting Monday, August 4, 2025. Please be sure you're SUBSCRIBED here to catch each episode! SEG-1: Jamal-Warner, Ozzy, & Meme Stocks are Back SEG-2: Why Are Stocks Up - Where the money comes from SEG-3a: The Roberts' Mattress Saga SEG-3b: Why is the Market Rallying? SEG-4: How Does the News Affect Forward Earning Hosted by RIA Advisors RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://www.youtube.com/watch?v=H_aRMFHXBbE&list=PLVT8LcWPeAuhi47sn298HrsWYwmg8MV7d&index=2&t=2455s ------- Articles mentioned in this report: "The Magnificent Seven Are Mediocre" https://realinvestmentadvice.com/resources/blog/the-magnificent-seven-are-mediocre/ ------- The latest installment of our new feature, Before the Bell, "Warning Signs in Negative Divergences," is here: https://www.youtube.com/watch?v=m9Yu1BZPLw4&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Two Dads on Money - Rent or Buy?" https://www.youtube.com/watch?v=t68v7YNraes&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- Register for our next Candid Coffee, "Savvy Social Security Planning," August 23, 2025: https://streamyard.com/watch/pbx9RwqV8cjF ------- Articles mentioned in this report: "Retail Speculation Is Back With A Vengeance" https://realinvestmentadvice.com/resources/blog/retail-speculation-is-back-with-a-vengeance/ "Company Buybacks Are Surging" https://realinvestmentadvice.com/resources/blog/company-buybacks-are-surging/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketRally #MarketRisk #MarketCorrection #MovingAverages #NegativeDivergence #RelativeStrength #Momentum #WhyAreStocksUp #StockMarketRally #InvestorSentiment #MarketMystery #Stocks2025 #InvestingAdvice #Money #Investing
Stocks are rallying despite weak fundamentals. Lance Roberts & Danny Ratliff examine the real reasons behind the 2025 market surge. Malcom Jamal-Warner and Ozzy Osborne pass; they always come in three's: Who's next? Trumps tariff deal with Japan moves markets momentarily; Meme stocks are back. Negative divergences while markets on the rise signal more potential for market correction (not crash!) Lance & Danny discuss why stocks are up and where the money is coming from. The Roberts' Family Saga - the tale of the new mattress - continues. Why's the market going up: Markets move on speculative activity & narratives (don't watch the news during the day!) Lance & Danny discuss how the news affects forward earnings (think: Enron), and why we have Sarbanes-Oxley. How we manage our portfolios; the Schiller CAPE-10 explained, and mean reversion cycles. * NOTE: The Real Investment Show will be 100% digital starting Monday, August 4, 2025. Please be sure you're SUBSCRIBED here to catch each episode! SEG-1: Jamal-Warner, Ozzy, & Meme Stocks are Back SEG-2: Why Are Stocks Up - Where the money comes from SEG-3a: The Roberts' Mattress Saga SEG-3b: Why is the Market Rallying? SEG-4: How Does the News Affect Forward Earning Hosted by RIA Advisors RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://www.youtube.com/watch?v=H_aRMFHXBbE&list=PLVT8LcWPeAuhi47sn298HrsWYwmg8MV7d&index=2&t=2455s ------- Articles mentioned in this report: "The Magnificent Seven Are Mediocre" https://realinvestmentadvice.com/resources/blog/the-magnificent-seven-are-mediocre/ ------- The latest installment of our new feature, Before the Bell, "Warning Signs in Negative Divergences," is here: https://www.youtube.com/watch?v=m9Yu1BZPLw4&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Two Dads on Money - Rent or Buy?" https://www.youtube.com/watch?v=t68v7YNraes&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- Register for our next Candid Coffee, "Savvy Social Security Planning," August 23, 2025: https://streamyard.com/watch/pbx9RwqV8cjF ------- Articles mentioned in this report: "Retail Speculation Is Back With A Vengeance" https://realinvestmentadvice.com/resources/blog/retail-speculation-is-back-with-a-vengeance/ "Company Buybacks Are Surging" https://realinvestmentadvice.com/resources/blog/company-buybacks-are-surging/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketRally #MarketRisk #MarketCorrection #MovingAverages #NegativeDivergence #RelativeStrength #Momentum #WhyAreStocksUp #StockMarketRally #InvestorSentiment #MarketMystery #Stocks2025 #InvestingAdvice #Money #Investing
In December 2001, Carrie Simpson sat at her desk on the trading floor of Enron confused, disenchanted, and unsure of what would happen next. A recent college graduate and brand-new power trading analyst at the company, she could barely wrap her head around the news that the power trading giant had just filed for bankruptcy. So she left the world of electricity and became a teacher at her hometown high school just outside of Houston. But she knew she didn't want to be a teacher for the rest of her life. In 2007 Carrie went back to the power sector, and since then has developed deep expertise in the arena of organized electricity markets. Today, as vice president of markets at Southwest Power Pool, she is helping implement SPP's newest offering to the utilities of the American West: Markets+. This week on With Great Power, Carrie explains why utilities in the West are finally ready for more organized power markets; and how Markets+ was designed and is being implemented today. With Great Power is a co-production of GridX and Latitude Studios.Subscribe on Apple, Spotify, or anywhere you get podcasts. For more reporting on the companies featured in this podcast, subscribe to Latitude Media's newsletter.Credits: Hosted by Brad Langley. Produced by Erin Hardick. Edited by Anne Bailey. Original music and engineering by Sean Marquand. Stephen Lacey is executive editor. The Grid X production team includes Jenni Barber, Samantha McCabe, and Brad Langley.
In 1998 Leigh Claire La Berge was hired by a major communications conglomerate, where she worked alongside employees of the soon to be disgraced Arther Anderson (the auditor of companies involved in high profile corporate fraud such as WorldCom and Enron). Leigh Clare and her colleagues were tasked with working on the problem of Y2K - also known as the millennium bug - when it was predicted that the turn of the millennium would cause computer systems to fail - with potentially catastrophic consequences. Based on her experience of working for the conglomerate, Leigh Claire wrote a book: Fake Work: How I Began to Suspect Capitalism is a Joke.We talked about the absurd nature of the conglomerate's work on Y2K, the socio-cultural atmosphere of the late 1990s, and about how Leigh Claire's experience of becoming a Marxist affected her perspective on the diary she wrote whilst working for the company. Finally, we touched on the extent to which the book fits within the tradition of Workers' Inquiry.
Send us a textRewind to 10 July 2005 to 16 July 2005: the week NASA stalled, Potter fans sobbed, Johnny Depp traumatised children and WorldCom made Enron look like amateurs.
Podcast for a deep examination into the career and life choices of Eddie Murphy & Jim Carrey. Patrick and Joe learn that they can make more money with a podcast that's a flop than with one that's a hit. Lev dusts off his old accountant degree to cook some books for them. Unfortunately the degree is dustier than they expected and he literally roasts the accounting ledgers. Can their scheme come back from this poorly timed pun? Find out on this week's episode of 'What the Hell Happened to Them?' Email the cast at whathappenedtothem@gmail.com Disclaimer: This episode was recorded in July 2025. References may feel confusing and/or dated unusually quickly. 'Fun with Dick and Jane' is available on DVD and... that's it apparently (the original has a blu-ray though): https://www.amazon.com/Fun-Dick-Jane-Tea-Leoni/dp/B000E8N8H0/ Music from "Robin of Sherwood Medley" by Clannad Artwork from BJ West quixotic, united, skeyhill, vekeman, murphy, carrey, versus, vs, fun, dick, jane, enron, baldwin, jenkins, higgins, carey, times, fonda, segel, ebert
You've probably heard about Nat Bullard's massive decarbonization slide decks, filled with charts and insights into decarbonization drawn from climate and energy data. This time he's waded through piles of utility regulatory filings — countless PDFs that hint at the inner workings of utilities and large customers — to find clues about everything from gas plant costs to new large-load tariffs. In this episode, Shayle and Nat, cofounder of the climate tech market research firm Halcyon, cover topics like: How utilities — especially small ones — are handling eye-popping interconnection requests New tariff structures that utilities are developing for large-load customers like data centers Historical precedents for this level of change on the power grid, like the 2000s Enron bubble and the 1930s buildout of the West How factories and other large-load customers are battling against data centers for sites Shayle's greatest fear about energy in the next few years: That electricity rates will rise dramatically unless we tackle large-load requests and the cost of new infrastructure What industries to bet on in a world of rising rates What filings reveal about the cost of new gas generation Resources: Catalyst: The US power demand surge: The electricity gauntlet has arrived Catalyst: Making DERs work for load growth Latitude Media: High costs, delays prompt withdrawal of five more Texas gas plants Latitude Media: In Georgia, stakeholders still can't agree on data center load growth numbers Credits: Hosted by Shayle Kann. Produced and edited by Daniel Woldorff. Original music and engineering by Sean Marquand. Stephen Lacey is executive editor. Catalyst is brought to you by Anza, a solar and energy storage development and procurement platform helping clients make optimal decisions, saving significant time, money, and reducing risk. Subscribers instantly access pricing, product, and supplier data. Learn more at go.anzarenewables.com/latitude. Catalyst is brought to you by EnergyHub. EnergyHub helps utilities build next-generation virtual power plants that unlock reliable flexibility at every level of the grid. See how EnergyHub helps unlock the power of flexibility at scale, and deliver more value through cross-DER dispatch with their leading Edge DERMS platform by visiting energyhub.com. Catalyst is brought to you by Antenna Group, the public relations and strategic marketing agency of choice for climate and energy leaders. If you're a startup, investor, or global corporation that's looking to tell your climate story, demonstrate your impact, or accelerate your growth, Antenna Group's team of industry insiders is ready to help. Learn more at antennagroup.com.
In this special episode, my friend—and fan-favorite guest—Dr. Peter Attia takes the mic as guest host. Peter sits down with legendary trader John Arnold, widely considered the greatest energy trader of all time. Today, through his foundation Arnold Ventures, John applies the same rigorous thinking to some of America's toughest social challenges—criminal justice reform, healthcare policy, and K–12 education, to name just a few. This interview originally aired on Peter's excellent podcast The Drive. You can check it out at PeterAttiaMD.com, or subscribe to The Drive wherever you get your podcasts.This episode is brought to you by:Vanta trusted compliance and security platform: https://vanta.com/tim ($1000 off)Eight Sleep Pod Cover 5 sleeping solution for dynamic cooling and heating: EightSleep.com/Tim (use code TIM to get $350 off your very own Pod 5 Ultra.)Wealthfront high-yield cash account: https://Wealthfront.com/Tim (Start earning 4.00% APY on your short-term cash until you're ready to invest. And when new clients open an account today, you can get an extra fifty-dollar bonus with a deposit of five hundred dollars or more.) Terms apply. Tim Ferriss receives cash compensation from Wealthfront Brokerage, LLC for advertising and holds a non-controlling equity interest in the corporate parent of Wealthfront Brokerage. See full disclosures here.Timestamps:[00:00:00] Start.[00:05:37] Peter Attia's intro: who is John Arnold?[00:08:38] John's background, upbringing, and early entrepreneurial tendencies.[00:21:16] John's time and rise at Enron.[00:33:40] Characteristics that made John an exceptional natural gas trader and how they translate to his philanthropic work.[00:41:10] The collapse of Enron.[00:46:46] The success of John's hedge fund, and his early interest in philanthropy.[01:02:03] The infamous 2006 trade that brought down Amaranth Advisors.[01:08:28] John's analytical prowess and emphasis on fundamentals.[01:15:13] The decision to become a full-time philanthropist and the founding of Arnold Ventures.[01:25:03] Education — John's quest to fundamentally change K-12 education.[01:30:36] Strategic philanthropy — preventing problems by attacking root causes and creating structural change.[01:37:50] The criminal justice system — structural changes needed to address mass incarceration, policing practices, and recidivism.[01:55:07] Re-imagining prisons to reduce recidivism.[02:02:27] US health care policy — John's focus on drug prices, and the severe consequences of not making system changes.[02:20:00] Climate change — the bipartisan role of John's foundation.[02:23:52] Advice for young adults interested in philanthropy.[02:30:52] Parting thoughts.*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Let's Go to the Phones boys watch the NBA draft LIVE and give their award winning analysis for the newest members of the 76ers, VJ Edgecombe! Let us be the first to welcome VJ to Philadelphia!We discuss why Ace Bailey is a nutjob, praise VJ Edgecombe as a 100% no-doubt can't miss draft pick, and declare ourselves the Enron of the Philadelphia podcast scene. Subscribe, rate and review Let's Go To The Phones on whichever platform you enjoy the show- Follow us on all our socials- https://twitter.com/letsgo2thephone https://www.instagram.com/letsgotothephones/?hl=en
Congress is reconsidering the accounting guardrails it put in place more than two decades ago to ensure investors can trust the revenues and asset values listed companies publish. Republican budget proposals would abolish the US audit regulator and reassign its work to the Securities and Exchange Commission. While lawmakers negotiate over what will end up in a final version of their tax and spending bill, the proposals have prompted debate over how best to regulate auditors and the role of the Public Company Accounting Oversight Board. A member of the board and two former executives turned whistleblowers of once-corporate titans Enron Corp. and WorldCom Inc. spoke with Bloomberg Tax reporter Amanda Iacone about whether the audit regulator should remain independent or whether it would benefit from being folded into the federal government. On this episode of Talking Tax, Sherron Watkins, a former Enron finance executive, and Cynthia Cooper, a former WorldCom chief audit executive, argue that Congress shouldn't scrap an agency that oversees auditors that act as investors' last line of defense. To Christina Ho, a current PCAOB member who has objected to the board's approach, moving auditor oversight to the SEC would counter what she sees as regulatory overreach and provide new opportunities to improve audit quality. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.
[Join our community at my Substack where we continue these conversations with deeper dives into the biggest lessons from each episode, plus my regular essays and behind-the-scenes thoughts: https://bogumilbaranowski.substack.com/]Barry Ritholtz is the founder and Chief Investment Officer of Ritholtz Wealth Management, overseeing billions in client assets and helping investors avoid costly mistakes while building lasting wealth. He's the acclaimed author of “How Not to Invest,” sharing hard-won lessons from decades in the trenches. Barry is also the creator and host of Bloomberg Radio's “Masters in Business,” one of the most influential business podcasts in the world, where he interviews top minds in investing and economics. Today, we're thrilled to welcome his unique perspective to the conversation.3:00 - Barry's unconventional approach to budgeting: "my attitude was, gee, if you want to do this, that and the other, you want to have the freedom...then you better make some more money"5:30 - The Instagram culture problem: Only seeing assets, not liabilities. Story about Instagram influencer working all day on vacation selfies8:00 - Why successful people buy new cars and lattes if they can afford them - safety features matter more than saving pennies11:00 - Kawhi Leonard's $103 million contract vs 25-year-old car example illustrates financial recklessness of extreme cheapness14:00 - Money as tool vs wealth distinction: Dollar's job is medium of exchange, not century-long store of value17:00 - Two WWI soldiers story: $1,000 buried vs invested becomes $40 vs $32 million after 100 years20:00 - Why US geographic advantages created investment success: two oceans, natural resources, innovation hubs24:00 - Politics and investing make terrible bedfellows - both Democrats and Republicans miss gains when their party loses28:00 - Compounding interruption is what matters, not who's in White House32:00 - Why experts can't predict: Beatles, blockbusters, Tom Brady all missed by professionals who knew the industries38:00 - Stock market vs economy during pandemic: market cap weighted toward tech giants, not local businesses42:00 - Belfer family trifecta: lost $2 billion in Enron, Madoff, FTX - lessons about single stock risk and staying wealthyPodcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.
In this episode, entrepreneur and founder Chuck Hall takes us on a powerful journey—starting with his earliest days mowing lawns and delivering newspapers, to building a national construction company that now operates across 14 states and specializes in senior living facilities.After rising through the ranks at top construction firms, Chuck's trajectory took a dramatic turn when he was fired in 1998. But instead of spiraling, he saw an opening—leveraging grit, creativity, and a well-timed opportunity with Enron to launch Charles Hall Construction. With a foundation rooted in four guiding values—live to learn, be a friend, walk the talk, and finish strong—Chuck grew his company through economic downturns, a global pandemic, and beyond.He shares how he eventually transitioned from working in the business to working on the business, now spending 70% of his time coaching and developing his team. A long-time believer in peer groups and entrepreneurial forums, Chuck reflects on 28 years of learning and growth through candid conversations with other business leaders.You'll hear about the full-circle moment when his parents got to witness his success, and the one piece of wisdom he hopes every leader remembers: “Be curious.” Because curiosity unlocks information, removes assumptions, and ultimately leads to better outcomes.This is a story about resilience, reinvention, and the power of relationships to shape our path forward.Please visit www.internationalfacilitatorsorganization.com to learn more about Mo Fathelbab and International Facilitators Organization (IFO), a leading provider of facilitators and related group facilitation services, providing training, certification, marketing services, education, and community for peer group facilitators at all stages of their career.
Earmark Media Presents a bonus episode of Earmark Podcast: What happens when Congress votes to eliminate the watchdog that's overseen public company audits for two decades? In this episode, Blake Oliver sits down with three leading accounting academics—Maureen McNichols from Stanford, Nemit Shroff from MIT, and Daniel Aobdia from Penn State—to examine the research behind the PCAOB's effectiveness and what elimination could mean for audit quality. You'll discover why companies with clean audit inspections can raise capital more easily, how the infamous "40% deficiency rate" actually works, and why these researchers believe dismantling the PCAOB could undermine trust in U.S. capital markets. The conversation reveals the hidden economics of audit oversight and explains why there hasn't been a major public company fraud since Enron and WorldCom.Chapters(00:00) - Welcome to the Show (01:10) - Meet the Experts (02:59) - Discussion on PCAOB's Elimination (08:17) - Research Insights on PCAOB's Effectiveness (20:11) - Deficiency Rates and Audit Quality (24:50) - Economic Impact of Fraud and PCAOB's Role (25:20) - Regulatory Model of the PCAOB (25:59) - Incentive Structure and Audit Quality (26:59) - Inspection Deficiency Rates (28:54) - Restatement Rates vs. Deficiency Rates (30:23) - Auditor-Client Relationship Tensions (31:42) - Documentation Issues in Audits (35:15) - Effectiveness of PCAOB Inspections (37:49) - Impact of PCAOB on Financial Reporting Quality (40:33) - Potential Elimination of the PCAOB (44:00) - Conclusion and Final Thoughts Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comhttps://earmark.app/Download the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guests:Maureen McNicholshttps://www.gsb.stanford.edu/faculty-research/faculty/maureen-mcnicholsNemit Shroffhttps://mitsloan.mit.edu/faculty/directory/nemit-shroffDaniel Aobdiahttps://directory.smeal.psu.edu/dza5396Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/
John Arnold built his fortune in energy trading by surrounding himself with smart people, maintaining emotional detachment, sensing market imbalances through first-principles analysis, and focusing with laser intensity on a single niche until he dominated it completely. Now he's applying that same analytical rigor to philanthropy, where he's discovered that changing human behavior for the long term proves far more challenging than predicting natural gas prices, and that the academic research meant to guide social policy is often riddled with perverse incentives and poor methodology. Tyler and John discuss his shift from trading to philanthropy and more, including the specific traits that separate great traders from good ones, the tradeoffs of following an "inch wide, mile deep" trading philosophy, why he attended Vanderbilt, the talent culture at Enron, the growth in solar, the problem with Mexico's energy system, where Canada's energy exports will go, the hurdles to next-gen nuclear, how to fix America's tripartite energy grid, how we'll power new data centers, what's best about living in Houston, his approach to collecting art, why trading's easier than philanthropy, how he'd fix tax the US tax code and primary system, and what Arnold Ventures is focusing on next. Read a full transcript enhanced with helpful links, or watch the full video. Recorded April 28th, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow John on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.
Enron CEO Connor Gaydos joins Token Relations co-founder Jacquelyn Melinek at Consensus 2025 with a deep dive into the revival of Enron, which he believes could be the "greatest comeback story of all time." Connor outlines a vision of Enron as a beacon of hope and innovation in the energy sector, beginning with upgrading the outdated U.S. electrical grid. Plus, their strategy around meme marketing and the recent challenges with launching a cryptocurrency.-This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Description: In Episode 79 of Trade Splaining, Rob and Ardian dive deep into the surprising relevance of decarbonizing global shipping, why GDP might not be the best metric anymore, and how the EU and UK are slowly making Brexit... not a thing. We also ask: is multilateralism really dead—or just resting?
Time travel theories :: Covid theories :: Global entanglement :: Traveling back in time to talk about time travel :: The cost of freedom :: Race wars are a spook, stop being manipulated :: Enron :: 2025-04-20 :: Hosts: Lori, Mark, Rich E. Rich
Time travel theories :: Covid theories :: Global entanglement :: Traveling back in time to talk about time travel :: The cost of freedom :: Race wars are a spook, stop being manipulated :: Enron :: 2025-04-20 :: Hosts: Lori, Mark, Rich E. Rich
