Podcast appearances and mentions of london whale

In a rare extended interview, Saba Capital Management founder and CIO Boaz Weinstein explains his campaign against the world's largest asset manager, BlackRock. Weinstein, a renowned risk-taking trader on Wall Street, takes on BlackRock's closed end funds over a decade after he famously “harpooned” the London Whale in 2011. Plus, meme stocks like GameStop are still surging, thanks to “Roaring Kitty,” the Biden administration is ramping up China tariffs, and Kraft Heinz is reportedly exploring an Oscar Mayer sale. Boaz Weinstein - 16:10 In this episode:Joe Kernen,@JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie

 Bloomberg Radio host Barry Ritholtz speaks with Boaz Weinstein, who is founder and chief investment officer of Saba Captal Management. Prior to launching Saba as an independent firm in 2009, Weinstein was co-head of global credit trading at Deutsche Bank, where he founded Saba Principal Strategies as a proprietary trading group in 1998. Weinstein first came to public notice as the fund manager on the other side of the derivatives trade from the London Whale, which ultimately cost JPMorgan Chase & Co. losses of at least $6.2 billion in 2012.  See omnystudio.com/listener for privacy information.

On this episode of Press Profiles, we sit down with Greg Zuckerman, Special Writer and 25-year veteran at The Wall Street Journal. One of the premier Journalists in financial news, Greg has authored cutting edge stories across asset management, hedge funds, investment banking and almost every other topic in the industry. The author of a half a dozen books, Greg thrives on landing difficult stories and getting reluctant sources to open up. From the London Whale to Fracking to the myth of executives retiring to “spend more time with family,” Greg takes us behind the scenes of his impressive career. Greg's latest book “A Shot To Save the World” the inside story of the race for a COVID-19 Vaccine is available on Amazon. The book has received rave reviews and has been long-listed for the FT/McKinsey Business Book of the Year Award and was named a book of the year by The Economist and The Financial Times.

I do not want to say that losing a lot of money on a trade is as good as making a lot of money on a trade. It is not. For one thing, if you make a lot... Goldman Sachs commandmentthe London Whalewritten beforegot not only themselves but 25% of the company firedearnings callgo years without a down daywrote down its inventory of housessaid at the timewritinga lotfew weekshave writtenhave writtenthatThey still do ithas a good column today10.4% in the second quarter9.8% in the first quarterfound on the internetsays Bloomberg Newsstolemoneyreported Matt Novaknow-disappeared white paperdiamond handsHODLgoes by the name “(3,3),”weirdest thingI think aboutnot really allowedbelieve optimistic SPAC projectionsdid it wrongPapa John Net Zerogreen pledgesGreenwashingnet zerothe Sherman ActPenguin Random House’sPerelman’s Family TrustManaging Director ClassGet Women on BoardsYOLO Tradingpolishing clothMark Zuckerberg aestheticMingles With CEOs, Rappersdrove his car on the sidewalksubscribe at this linkherethe Seeking Alpha transcriptsaid in 2011not especially dogmatic about itlast quarter’s 10-Q

QuantSpeak host, Dan Tudball, is joined by Professor Natalie Packham to discuss her recent research on the 'London Whale' incident of 2012 and how a new correlation-based approach could have helped prevent over $6 billion in losses.

Bitcoin è un'illusione, un'allucinazione di massa, così si sente. Sono solo numeri nel cyberspazio, un miraggio, inconsistente come una bolla di sapone. Bitcoin non è supportato da nient'altro che dalla fede degli sciocchi che lo comprano e degli sciocchi più grandi che lo comprano da questi sciocchi minori. E tu sai? Giusto. Tutto questo è vero. Ciò che potrebbe essere meno facile da capire è che anche i dollari americani sono un'illusione. Anch'essi consistono principalmente di numeri là fuori nel cyberspazio. A volte sono conservati in carta o monete, ma mentre la carta e le monete sono materiali, i dollari che rappresentano non lo sono. I dollari americani non sono sostenuti da nient'altro che dalla fede degli sciocchi che lo accettano come pagamento e di altri sciocchi che accettano a loro volta di accettarlo come pagamento da loro. La differenza principale è che, almeno per il momento, l'illusione, nel caso dei dollari, è creduta più ampiamente e più ferocemente. In effetti, quasi tutti i nostri dollari USA, circa il 90%, sono puramente astratti: letteralmente non esistono in nessuna forma tangibile. James Surowiecki ha riferito nel 2012 che "solo circa il 10% dell'offerta di moneta statunitense - circa $ 1 trilione dei circa $ 10 trilioni totali - esiste sotto forma di contanti e monete cartacee". (Il numero ora sembra essere di circa $ 1,5 trilioni su $ 13,7 trilioni.) Non c'è nulla che impedisca al nostro sistema bancario di creare più dollari ogni volta che l'umore colpisce. Dei 13,7 trilioni di dollari dell'offerta di moneta M2 a partire da ottobre 2017, 13,5 trilioni di dollari sono stati creati dopo il 1959 o, per dirla in altro modo, M2 si è espanso di quasi 50 volte. Il dollaro USA è ciò che è noto come valuta "fiat". Fiat è latino per "sia", come in fiat lux , lascia che ci sia luce; quindi, fiat denarii , siano lire, bolivar, dollari e rubli. La tentazione per i leader degli stati-nazione di fabbricare denaro è stata storicamente praticamente irresistibile. Un risultato evidente di questa sfrenatezza è l'inflazione: il potere d'acquisto di $ 1 nel 1959 è ora di poco inferiore a 12 centesimi. La blockchain di bitcoin è stata creata, in parte, per affrontare questa debolezza storica. Dopo che il 21 milionesimo bitcoin è stato estratto, intorno al 2140, il sistema non ne produrrà più. Ciarlatani e ladri cercheranno per sempre di ingannare le varie strutture messe in atto per controllare e / o rendere conto di qualsiasi sistema monetario e, in effetti, di qualsiasi riserva di valore (vedi: i truffatori dei Panama e Paradise Papers, Bernies Cornfeld e Madoff, il London Whale, LTCM e BCCI, gli intelligenti e silenziosi ladri di tesori del Gardner Museum di Boston, la crisi finanziaria del 2008 e i relativi salvataggi e i furti a Mt. Gox, DAO e Tether). Tutte le riserve di valore sono obiettivi. E usando qualsiasi sistema di scambio - con mezzi equi o sbagliati - le fortune possono e saranno fatte e perse. Eppure, per quanto a volte possa sembrare sorprendente, ci sono abbastanza persone che agiscono in buona fede per evitare che i sistemi monetari crollino completamente. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/bitcoin-informa/support

Bitcoin è un'illusione, un'allucinazione di massa, così si sente. Sono solo numeri nel cyberspazio, un miraggio, inconsistente come una bolla di sapone. Bitcoin non è supportato da nient'altro che dalla fede degli sciocchi che lo comprano e degli sciocchi più grandi che lo comprano da questi sciocchi minori. E tu sai? Giusto. Tutto questo è vero.Ciò che potrebbe essere meno facile da capire è che anche i dollari americani sono un'illusione. Anch'essi consistono principalmente di numeri là fuori nel cyberspazio. A volte sono conservati in carta o monete, ma mentre la carta e le monete sono materiali, i dollari che rappresentano non lo sono. I dollari americani non sono sostenuti da nient'altro che dalla fede degli sciocchi che lo accettano come pagamento e di altri sciocchi che accettano a loro volta di accettarlo come pagamento da loro. La differenza principale è che, almeno per il momento, l'illusione, nel caso dei dollari, è creduta più ampiamente e più ferocemente.In effetti, quasi tutti i nostri dollari USA, circa il 90%, sono puramente astratti: letteralmente non esistono in nessuna forma tangibile. James Surowiecki ha riferito nel 2012 che "solo circa il 10% dell'offerta di moneta statunitense - circa $ 1 trilione dei circa $ 10 trilioni totali - esiste sotto forma di contanti e monete cartacee". (Il numero ora sembra essere di circa $ 1,5 trilioni su $ 13,7 trilioni.) Non c'è nulla che impedisca al nostro sistema bancario di creare più dollari ogni volta che l'umore colpisce. Dei 13,7 trilioni di dollari dell'offerta di moneta M2 a partire da ottobre 2017, 13,5 trilioni di dollari sono stati creati dopo il 1959 o, per dirla in altro modo, M2 si è espanso di quasi 50 volte.Il dollaro USA è ciò che è noto come valuta "fiat". Fiat è latino per "sia", come in fiat lux , lascia che ci sia luce; quindi, fiat denarii , siano lire, bolivar, dollari e rubli. La tentazione per i leader degli stati-nazione di fabbricare denaro è stata storicamente praticamente irresistibile. Un risultato evidente di questa sfrenatezza è l'inflazione: il potere d'acquisto di $ 1 nel 1959 è ora di poco inferiore a 12 centesimi.La blockchain di bitcoin è stata creata, in parte, per affrontare questa debolezza storica. Dopo che il 21 milionesimo bitcoin è stato estratto, intorno al 2140, il sistema non ne produrrà più.Ciarlatani e ladri cercheranno per sempre di ingannare le varie strutture messe in atto per controllare e / o rendere conto di qualsiasi sistema monetario e, in effetti, di qualsiasi riserva di valore (vedi: i truffatori dei Panama e Paradise Papers, Bernies Cornfeld e Madoff, il London Whale, LTCM e BCCI, gli intelligenti e silenziosi ladri di tesori del Gardner Museum di Boston, la crisi finanziaria del 2008 e i relativi salvataggi e i furti a Mt. Gox, DAO e Tether). Tutte le riserve di valore sono obiettivi. E usando qualsiasi sistema di scambio - con mezzi equi o sbagliati - le fortune possono e saranno fatte e perse. Eppure, per quanto a volte possa sembrare sorprendente, ci sono abbastanza persone che agiscono in buona fede per evitare che i sistemi monetari crollino completamente.--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/appSupport this podcast: https://anchor.fm/bitcoin-informa/support

Gregory Zuckerman is a special writer at the Wall Street Journal and the author of five books, including his most recent, The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution.  Greg joined the Journal in 1996 and writes about big financial trades, firms, and personalities.  He’s a three-time winner of the Gerald Loeb award, the highest honor in business journalism, and his work has included breaking the stories of the discord between Bill Gross and PIMCO, the London Whale trade, subprime mortgage collapse, and meltdown of hedge fund Amaranth in 2007. Our conversation starts with Greg’s path to journalism, touches on the aftermath of his book The Greatest Trade Ever about John Paulson and the subprime meltdown. We then turn to his recent tome on Jim Simons and Renaissance, including the formation and evolution of the Medallion fund, precarious moments in its history, the human element of a quant shop, differences between Renaissance and other quant competitors, leadership, impacting the world with vast wealth, and why Renaissance has been so special. Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast

In this episode of the Intelligent Investing Podcast, Eric Schleien sits down with WSJ Veteran Reporter, Gregory Zuckerman, to discuss his book "The Man Who Solved The Market: How Jim Simons Launched The Quant Revolution"   Editorial Reviews “Leave it to the Wall Street Journal's Greg Zuckerman to lay open the golden mysteries of quantitative investing. With this fine, humane, and eye-opening book, he's well and truly broken the code.” —James Grant, Grant's Interest Rate Observer “Captivating.” —New York Times   “A compelling read.” —The Economist   “Reads like a delicious page-turning novel.” —Barry Ritholtz, Bloomberg   “One of the most important stories of our time.” —Financial Times   “Zuckerman brings the reader so close to the firm's inner workings that you can almost catch a whiff of the billionaire's Merit cigarette.” —Brandon Kochkodin, Bloomberg “A gripping biography of investment game changer Jim Simons… readers looking to understand how the economy got where it is should eat this up.” —Publishers Weekly "Worthwhile reading for budding plutocrats and numerate investors alike." —Kirkus “Immensely enjoyable.” —Edward O. Thorp, author of A Man for All Markets   “An extremely well-written and engaging book . . . a must read, and a fun one at that.” —Mohamed A. El-Erian, author of The Only Game in Town "Page-turning tale…bravura storytelling." —Gary Shteyngart, author of Lake Success About The Book NEW YORK TIMES BESTSELLER Shortlisted for the Financial Times/McKinsey Business Book of the Year Award The unbelievable story of a secretive mathematician who pioneered the era of the algorithm--and made $23 billion doing it.   The Man Who Solved The Market: How Jim Simons Launched The Quant Revolution": Summary Jim Simons is the greatest money maker in modern financial history. No other investor--Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros--can touch his record. Since 1988, Renaissance's signature Medallion fund has generated average annual returns of 66 percent. The firm has earned profits of more than $100 billion; Simons is worth twenty-three billion dollars. Drawing on unprecedented access to Simons and dozens of current and former employees, Zuckerman, a veteran Wall Street Journal investigative reporter, tells the gripping story of how a world-class mathematician and former code breaker mastered the market. Simons pioneered a data-driven, algorithmic approach that's sweeping the world. As Renaissance became a market force, its executives began influencing the world beyond finance. Simons became a major figure in scientific research, education, and liberal politics. Senior executive Robert Mercer is more responsible than anyone else for the Trump presidency, placing Steve Bannon in the campaign and funding Trump's victorious 2016 effort. Mercer also impacted the campaign behind Brexit. The Man Who Solved the Market is a portrait of a modern-day Midas who remade markets in his own image, but failed to anticipate how his success would impact his firm and his country. It's also a story of what Simons's revolution means for the rest of us.   About Gregory Zuckerman Greg is a Special Writer at The Wall Street Journal, ​a 20-year veteran of the paper and a three-time winner of the Gerald Loeb award — the highest honor in business journalism. Greg is the author of “The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters,” a national bestseller published October 2014 by Portfolio/Penguin Press. The book describes how several unlikely individuals created an American energy renaissance that brought OPEC to its knees. The Frackers was named among the best books of 2014 by The Financial Times and Forbes Magazine and book of the year by the New York Financial Writers Association. Greg also wrote “The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History,” a New York Times and Wall Street Journal best seller published December 2010 by Crown Business/Random House. The book has been translated into 10 languages. Greg and his two sons wrote Rising Above: How 11 Athletes Overcame Challenges in their Youth to Become Stars,” a book for young readers and adults published May 2016 by Philomel/Penguin that describes the remarkable stories of how stars in various sports overcame imposing setbacks in their youth. The book was chosen by Scholastic Teacher magazine as a top pick for 2016 and a top 2017 recommendation of the Texas Library Association. In February 2018, Rising Above-Inspiring Women in Sports, also written by Greg and his sons, will be published. At the Journal, Greg writes about big financial firms, personalities and trades, hedge funds, the energy revolution and other investing and business topics. Previously, Greg was the lead writer of the widely read “Heard on the Street” column and covered the credit markets, among other beats. In 2015, Greg won the Loeb Award for a series of stories revealing discord between Bill Gross, founder of bond powerhouse Pimco, and others at the firm, including Mohamed El-Erian. The stories led to Mr. Gross's surprise departure from Pimco. In 2012, Greg broke news about huge, disastrous trades by the J.P. Morgan trader nicknamed the “London Whale.” In 2007, Greg was part of a team that won the Gerald Loeb award for breaking news coverage of the collapse of hedge fund Amaranth Advisors and in 2003 he won the Loeb award for breaking news coverage of the demise of telecom provider WorldCom. Greg was part of a team that won the New York Press Club Journalism award in 2008. He was a finalist for the 2011 Gerald Loeb award for investigative news coverage of the insider trading scandal and a finalist for the 2008 Gerald Loeb award for coverage of the mortgage meltdown. Greg appears regularly on CNBC, Fox Business, Yahoo Finance, Bloomberg Television and various television networks. He makes regular appearances on National Public Radio, BBC, ABC Radio, Bloomberg Radio and radio stations around the globe. Greg gives speeches to business groups on a variety of topics. Over the past year, he has spoken to groups in New York, Los Angeles, San Francisco, Houston, Dallas, Las Vegas, Phoenix, Calgary, Montreal and Niagara Falls. Greg joined the Journal in 1996 after writing about media companies for the New York Post. Previously, he was the managing editor of Mergers & Acquisitions Report, a newsletter published by Investment Dealers' Digest. He graduated from Brandeis University in 1988, Magna Cum Laude. A graduate of Brandeis University, Greg lives with his wife and two sons in West Orange, N.J., where they enjoy the Yankees in the summer, root for the Giants in the fall, and reminisce about Linsanity in the winter.   Staying In Touch With Gregory Zuckerman Twitter Email Website WSJ Profile   Staying In Touch With Eric Schleien Podcast Blog Facebook YouTube LinkedIn Twitter Instagram GSCM

#JPMorgan's Unanswered Questions in The #Silver Market: James Anderson Despite being charged with the Rico Act for their manipulation of the #silvermarket, many continue to look at the bank and its CEO #JamieDimon as modern day #financial heroes. But #JamesAnderson of #SDBullion is fortunately one of the analysts who is asking some of the important questions that most others haven't. Such as what Dimon thinks about his #traders who have been described as running “a criminal enterprise” (the #DOJ's words, not mine). Why the bank is getting repo lines from the #Fed, while it has a track record of speculating recklessly in the financial markets (see “London Whale”). And how the market imbalance eventually gets resolved. James also shared what he's seeing in terms of actual customer order flow for physical #gold and silver. Which has been divorced from the #COMEX paper price, yet continues to build pressure on the market that is eventually going to have to be resolved. So to understand the past, and how it will necessarily have to influence the future, click to watch this timely interview now! - To get access to James' research and youtube videos go to: https://sdbullion.com/blog To see James' video about JP Morgan and Jamie Dimon go to: https://www.youtube.com/watch?v=Pgjo_GYk6xA&t=67s - Interview by #ChrisMarcus of #ArcadiaEconomics: https://arcadiaeconomics.com/ - Click here to subscribe to Arcadia's Youtube channel: http://bit.ly/2t1HKOj - To pre-order Chris' upcoming book “#TheBigSilverShort” go to: https://arcadiaeconomics.com/the-big-silver-short/ - To contact Chris go to: https://arcadiaeconomics.com/getting-help/ - Follow Arcadia Economics on Twitter: https://twitter.com/ArcadiaEconomic - Arcadia's Facebook page https://www.facebook.com/ArcadiaEconomics/Subscribe to Arcadia Economics on Soundwise

Gregory Zuckerman is a special writer at the Wall Street Journal and the author of five books, including his most recent, The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution.  Greg joined the Journal in 1996 and writes about big financial trades, firms, and personalities.  He’s a three-time winner of the Gerald Loeb award, the highest honor in business journalism, and his work has included breaking the stories of the discord between Bill Gross and PIMCO, the London Whale trade, subprime mortgage collapse, and meltdown of hedge fund Amaranth in 2007. Our conversation starts with Greg’s path to journalism, touches on the aftermath of his book The Greatest Trade Ever about John Paulson and the subprime meltdown. We then turn to his recent tome on Jim Simons and Renaissance, including the formation and evolution of the Medallion fund, precarious moments in its history, the human element of a quant shop, differences between Renaissance and other quant competitors, leadership, impacting the world with vast wealth, and why Renaissance has been so special. Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast

(Bloomberg) -- Robert Hockett, a professor at Cornell University Law School, discusses why the U.S. Securities and Exchange Commission dropped claimed against two JPMorgan Chase & Co. traders as part of the "London Whale" case. He speaks with Greg Stohr on Bloomberg Radio's "Bloomberg Law." Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

(Bloomberg) -- Robert Hockett, a professor at Cornell University Law School, discusses why the U.S. Securities and Exchange Commission dropped claimed against two JPMorgan Chase & Co. traders as part of the "London Whale" case. He speaks with Greg Stohr on Bloomberg Radio's "Bloomberg Law."

(Bloomberg) -- Robert Hockett, a professor at Cornell University Law School, discusses the disintegration of the “London Whale” prosecution. He speaks with Michael Best and June Grasso on Bloomberg Radio's "Bloomberg Law."

(Bloomberg) -- Robert Hockett, a professor at Cornell University Law School, discusses the disintegration of the “London Whale” prosecution. He speaks with Michael Best and June Grasso on Bloomberg Radio's "Bloomberg Law." Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

My guest today on the Traders Edge Podcast is an award-winning financial columnist and reporter for the Wall Street Journal. He’s also a New York Times Best Selling and critically acclaimed author of 2 books: His first book is titled: “The Greatest Trade Ever: The Behind The Scenes Story of How John Paulson Defied Wall Street and Made Financial History” which has now been translated into 9 languages. And his most recent book is called: The Frackers, which examines various individuals and independent companies who pioneered the fracking process within the United States. His name is Gregory Zuckerman Early in his career at the Wall Street Journal, Greg wrote the widely read “Heard on the Street” column. These days, as a special reporter, Greg writes about big financial trades, hedge funds, private-equity firms, the energy revolution and other investing and business topics. He appears regularly on CNBC, Fox Business, Yahoo Finance and makes appearances on NPR, the BBC, ABC Radio, Bloomberg Radio. In 2012, Greg broke the story about the huge, disastrous trades by J.P. Morgan’s “London Whale”. He’s won the prestigious Loeb award, which is the highest honor in business journalism. I had the privilege of first visiting with Greg about 4 years ago and came away with some breakthrough insights from that interview that have helped me in my investing and trading. I think you’ll find some gold in this brand new interview with a person that has a rare, unique look into the world of big money, it’s personalities and how this gives you and me an edge. I hope you enjoy!

Alan talks about the conflict between reality and what Obama official Susan Rice had to say about Bowe Bergdahl. Todd and Alan discuss the laest moves by the ECB. Ken Schortgen also talks about the latest moves by the ECB and then gives a fascinating explanation for the recent spate of dead bankers connected to the London Whale scandal. Mike Larson weighs in on the ECB. The show ends with David Corbin and a conversation about Federalist Papers 46 and 47 and their application to the present day of an Imperial President Obama.

Your daily options news rundown for Thursday, December 5, 2013.

Max Keiser and Stacy Herbert discuss Jamie Dimon punching above his weight as a tapeworm and bragging in court documents that he, essentially, had two former Treasury Secretaries on his payroll. They also discuss investors missing out on the ‘rally’ for fear of ‘Too Big to Jail’ tapeworm-banksters being bailed out at their expense. In the second half of the show, Max talks to author Josh Rosner about his explosive new piece, “JP Morgan Chase: Out of Control.” They discuss the London Whale as a systemic and sticking the taxpayer with JP Morgan’s bad Washington Mutual debts.  Keiser Report 3-19-13Enjoy this podcast?  Bandwidth doesn't pay for itself.  Help keep this podcast going with a bitcoin donation to: 19a51xGrb8rMMdbJEyvsJW7L7trzdZswur  or simply scan the QR code! This content was provided by www.rt.comhttp://rt.com/shows/keiser-report/Subscribe on youtube at https://www.youtube.com/user/MaxKeiserTV

Big losses by traders are back in the news. In September the trial of a former Union Bank of Switzerland (UBS) derivatives trader opened in London, and before that was the trial of JPMorgan Chase's credit derivatives traders -- including the one known as the "London Whale" -- who lost an estimated $7.5 billion on credit default swap trades. Since 1990, there have been 15 instances when traders lost at least $1 billion (in 2011 dollars). You may be surprised to learn that almost half the loss-making trades were not at financial services firms but at the types of institutions that typically use financial products for hedging purposes as opposed to speculation. You may also be surprised to hear that the popular perception that rogue traders piled up secret losses behind the bosses’ backs isn’t the whole story. Just six of the 15 losses involved unauthorized trading. Read about the nature, scope and consequences of recent trading losses and the unintended effect of banking regulation that's making the situation worse -- for shareholders and for economic recovery.