Podcasts about plus look

Host Simon Spungin is joined by Anshel Pfeffer, Allison Kaplan Sommer, and Haaretz's new political correspondent Michael Hauser Tov. We discuss what looks increasingly like Benjamin Netanyahu's final days in office, the toxic minions he has unleashed to delegitimize the incoming government and the task facing the Naftali Bennett-Yair Lapid government – should it pass its final parliamentary hurdles. PLUS: Look out for the first episode of Haaretz Weekend, coming June 11. See omnystudio.com/listener for privacy information.

April 10 marks the 20-year anniversary of the brutal murder of Robert Fisher's wife and children in Scottsdale. Fisher has never been found, and to this day, officials disagree over whether he is alive or dead. In a special re-release, Briana Whitney retraces Fisher's steps and examines the details of this infamous case. PLUS: Look for a special Case Q&A episode dropping next week taking a deep dive into the case with brand new info and discussion.  

This week on the show, the gang kicks off the unofficial "Sean Gone" month with a conversation around Sir Sean's penultimate (official) appearance as Bond in the totally outrageous, You Only Live Twice! What kind of total garbage talk is coming out of Connery's mouth right at the beginning? Why did we need to wait for over an hour before a Blofeld appearance? And what was going on with Pleasance and that cat? PLUS: Look out for Q and those knee socks! Me-ow! You Only Live Twice stars Sean Connery, Akiko Wakabayashi, Mie Hama, Tetsurô Tanba, Teru Shimada, Karin Dor, Donald Pleasance, Bernard Lee, Lois Maxwell, Desmond Llewelyn, Charles Gray, and Tsai Chin; directed by Lewis Gilbert.

This week on the show, it's a special episode just in time for Valentine's Day as the guys chat about the absolutely abhorrent rom-com, P.S. I Love You! Who in the world would plan this all out and force it upon their grieving loved one? Why did they think powerhouse dramatic actor Hilary Swank could pull off a goofy romantic comedy? Why not just hire a couple of Irish actors here? And is Harry Connick Jr. playing a serial killer? PLUS: Look out for this Hellraiser-themed urn!P.S. I Love You stars Hilary Swank, Gerard "American Mike" Butler, Harry Connick Jr., Lisa Kudrow, Gina Gershon, James Marsters, Kathy Bates, Nellie McKay, Dean Winters, and Jeffrey Dean Morgan; directed by Richard LaGravenese.Advertise on We Hate Movies via Gumball.fm

On this week's show, Pirate Madness takes another soul when Hooked on TJ Hooker's Ben Worcester drops by to chat about the incredibly bloated third installment in the franchise, Pirates of the Caribbean: At World's End! Who thought of starting a Disney movie with a child hanging? Does Davy Jones really look like a monster only because he's bad at his job? And what's with all those crabs? PLUS: Look out! It's a.... GIANT... WOMAN! Pirates of the Caribbean: At World's End stars Johnny Depp, Keira Knightley, Orlando Bloom, Geoffrey Rush, Jack Davenport, Bill Nighy, Jonathan Pryce, Lee Arenberg, Mackenzie Crook, Kevin McNally, Stellan Skarsgård, Tom Hollander, Chow Yun-Fat, Keith Richards, and Naomie Harris; directed by Gore Verbinski.

On today's episode of #TLLG, comedians CORINNE FISHER & ROSEBUD BAKER share the respective personal spirals Selena Gomez’s long-awaited new track inspired. PLUS: “Look at Her Now” & “Raising Hell”. The pop music gods have been kind and merciful this week.    **Please subscribe, rate & review.**     PLEASE FOLLOW US! Cohosts: @PhilanthropyGal & @RosebudBaker  Producer: @MikeCoscarelli Theme Song: @Unruliestdooley

Welcome to Finance and Fury Today we are discussing the concentration risk Last week – how the modern banking system acts like dominos failing– Due to their liabilities and obligations to one another this week – look at the other side of the balance sheet – Which is the Equity Holders – Shareholders – who owns the shares of banks Also – the concentration risk that just a handful of companies have in the overall size/weight of the Aus Share Market. Plus – Look at two events that every bank just did as this is a real-world example   Concentration in the index – Complex with lots of elements – break down major ones Remember – Big 4 banks – including Macquarie = 5 of the top 8 companies on ASX by market cap Australian bank shares – ownership and connectivity – beyond the derivative concentration representing 23% of ASX300 - IMF report in 2012: big four controlled 88% of residential mortgages and 80% of deposits. biggest six American banks held 30% of total deposits not just banking: the big four own 53% of life insurance premiums, 57.3% of retail investment funds through bank-owned platforms – Insurance and investment sides to banks also purchase shares on the ASX – of which they make up a large chunk This can just further increase the concentration risk of markets – if an investment manager owns 5% of a share and sells, that moves the prices down – a lot – average daily volume is about 0.15% - both buys and sells - Beyond banks owning their own shares directly – Subsidiaries – Investments, Banks – through super funds, investment managers, insurance companies – either buy them through own subsidiary or another bank – Super funds (investment managers) – Industry/index funds – hold shares on the ASX - Example – Aus Super – Balanced fund has $100bn in it – 22% allocation – range of 10-45% ASX market cap – $1.6-$2trn depending on the market cycle – $2trn now, but $1.8trn middle ground What can easily lead to a downturn in the share market? What if you have $2.8tn across all super funds – plus $100bn inflow p.a. – and super investment managers decide to dump the ASX? –strategic ‘rebalancing’ or ‘profit-taking’ If the target is 25% to AS – a drop in exposure by 10% down from 35% - selling shares/index – ASX $2trn – a sale of a super fund in Aus shares by 10%, sale of 14% of shares held on the ASX – that is a lot of power to move a market – top 20 super funds have around $1.3trn of the super investments also a lot of power in the property market - cover more in another episode Names on the list – Broken up between Public Sector, Industry or Retail (banks) – Pretty equally split in % of top 20 Of the retail funds – about $420bn in 8 – Bank Subs or non-bank financial services MLC Super (NAB), CFS Super (CBA), Retirement Wrap (BT), OnePath super – ANZ AMP super – 2 funds, IOOF super, and Mercer (owned by USA insurance company – Marsh & McLennan) Bank Major holdings – Blackrock entities – 3 of the top 10 for every bank but NAB – ‘Advisors, Management, UK’ Macquarie has about 7% of its shares But this is who the owners are – banks use custodial holding companies – HSBC, JPM, CitiGroup – 40-55% between 3   Beyond just being investors in one another and Concentration through connectivity and custodial power – Banks are Counterparty to each other – either a lender/borrower to one another – derivatives last week example of one side But big 4 banks are highly interconnected - each other’s largest counterparties – nobody else is big enough the connection is far from direct ownership of shares – but banks borrowing from each other, rather than owning large parts of each other – Balance sheet has assets and liabilities – Under lending laws – lenders get paid back before investors If a bank borrows another money, and one bank goes out of business – banks get any money first – shareholders probably get $0 – when you look at the size of the loans to overall ‘equity’ Thankfully for them – the global markets and companies are just as easily reached as domestic ones – financial services can fall under free trade Not so good for us – as when a banking crisis happens in USA – we get hit just as bad Requiring each other – as there is so much money needed only one of the other big four can normally help Banks fund costs through short term debt securities – why hold cash – when you can use it to lend at 3.5% and borrow at 1.5% interest – like funding your lifestyle on CC and investing the rest of the money – then trying to repay the debt using your investment earnings – doesn’t work unless you can consistently get over 22% p.a. returns on an investment to outpace the accumulation of debt – but if you got 22% investing, and card was 2% - who wouldn’t do that? When there is a crash in the banking system – hard to fund expenses as nobody wants to lend to you – GFC – Called liquidity crisis – but in reality, was an insolvency crisis – two different things – as banks don’t even have the assets to fund any ‘bank runs’ Further hastens the decline in share values due to cashflow losses – rule of business: cant meet expenses = bankrupt If you look at a banks balance sheet – almost worthless – Shares themselves in Banks are insolvent in values – DB had total assets of 1.541 trillion dollars and total liabilities of 1.469 trillion dollars – difference of $72bn is in shareholder equity CBA – Total assets $975bn – liabilities at $907bn – What is lest is shareholder equity – 7% of assets WBC - Total assets $880bn – liabilities at $815bn – $64.5bn left or 7.3% of assets Most banks run on this margin - Hsbc – massive value of assets - $2.56 trillion total assets - Remember – Loans to you are assets to banks – if you borrow = liability Banks values come from the ability to make money – Price is What we will pay for shares Bank shares – Total equity or market cap – or what shares are worth on market prices CBA - $146.5bn – 7.4% - Shareholder Equity (book value) - $67bn – Banks assets minus liabilities WBC - $99bn – 5%, ANZ - $80bn – 4%, NAB - $75bn – 4%, MQG - $42.7bn – 2% But if they lose a small margin in assets = no equity left – Regulators aware – hence the recent issues of debt and equity   These are becoming heavily controlled – legislated – APRA forcing banks to increase their reserve capital – money against loans This is done through issuing ‘Subordinated notes’ - this is part of the Bail-in regulations that are being put into place Issue debt – they call it bonds – but notes with provisions of write off if APRA determines it is necessary Reason for doing this? Banks liquidity - Issue equity – raise money from creating new shares and converting them Balance sheet 101 – if someone buys your debt (i.e. you borrow money) – if your assets don’t go up to match it = negative This is where the balance sheet of a bank best maximises its profits when it gets as close to 0% net assets reflect But if they issue debt, they need equity to balance the books – this is where shares are issued to counteract major Banks are doing both – creating new shares and selling them in chunks – to other banks/financial companies – issuing billions of $ in shares to the other – SIBs or SIFIs (terms in the big to fail eps – where to invest and where not to) Issuing shares where the trading can be legislated – ban sales – easier to do than the unpopular approach of shutting the market down - But newly created Common Equity Tier 1 capital to offset the increased liabilities – which are used as capital reserves – but dilutes the number of shares – unless profits grow by more, dividends suffer   Where value comes from? – Future cash flows and profits – Based on debts and leverage – Profit from both ends –   Investment firms buy bank shares – Or new corporate debt in banks if they are fixed interest managers – Odd thing – Banks were told by APRA to raise $500m (approx.) in reserves – But they seem to be quadrupling Debt in USD – by CBA, NAB -, $1.5bn - WBC - $2.25bn USD, ANZ – strangely has in AUD floating – well issues new FPO shares and the buyers were themselves and JP Morgan NAB – Just Citigroup Global Markets alone - 38m shares - $26.28 = $1bn to offset the notes   Probably going to be costly – Interest payments on this – dilution of profits for dividends to existing shareholders The solution to holding more on the balance sheet as ‘capital reserves’ = fund it with debt that can be traded away in the future - Does this make sense? Remember – you are giving them $1,000 upfront – so if the notes go to $200, or are converted at that value, or not honoured – which is allowed if 5 days pass without the conversions occurring upon APRA notifying a bank - The complex connections don’t end there – a lot of these conversion laws are regulated in US laws – USD face values   At this stage, looks to be a similar lead up to pre-GFC – Instead of MBS – debt products with mortgages as backing assets - Now with bail-ins you take investor money for debt, which can then be written off if APRA determines a bank may become non-viable While you may not directly own these notes – A lot of the retail and industry Investment managers are the largest holders of banks – and also banknotes – through super or some index funds, you are indirectly invested in these Ongoing protection racket – protection that is provided isn’t for the individual investors - if it works once, may as well give it another go Lead into next episode – what are super funds doing with your money? Holdings - https://www.marketscreener.com/COMMONWEALTH-BANK-OF-AUST-6492243/company/   Thanks for listening to today's episode. If you want to get in contact you can do so here. 

Encore release December 15, 2018. Encore release September 7, 2017. Whoo-hoo! It's our 250th episode! We'll celebrate by continuing to put out some more episodes. Meanwhile, we interview Mary Roach, whose latest book is Grunt: The Curious Science of Humans at War (available in hardcover, audiobook and for Kindle). Roach is the author of other insightful and humorous nonfiction titles like Stiff (an exploration of the ethical issues associated with the use of cadavers), Spook (at look at scientific evidence for the afterlife), Bonk (the study of human sexuality) and Gulp (eating and digestion). We last spoke to Mary waaay back in episode #99 about her book Packing for Mars: The Curious Science of Life in the Void. For more about Mary Roach and her work visit MaryRoach.net. Plus: Look for David Driscoll at the Reason Rally, June 4th at the Lincoln Memorial.

On this week's episode, the gang travels to 12th century England to hang with Kevin Costner, Morgan Freeman, and the rest of the Merry Men in the nap-inducing, folk hero epic, Robin Hood: Prince of Thieves! Who signed off on ANY of these accents? What is with that witch? And was there any scenery left after Rickman was done beautifully chewing it all down? PLUS: Look out for Arrow Cam!Robin Hood: Prince of Thieves stars Kevin Costner, Morgan Freeman, Alan Rickman, Christian Slater, Mary Elizabeth Mastrantonio, Michael Wincott, Nick Brimble, Brian Blessed, and Geraldine McEwan; directed by Kevin Reynolds.

Recorded live at The Back Room @ Colectivo in Milwaukee, WIOn this week's Summer Vacation Live, the gang is chatting about the off-the-wall 1990's comic book adaptation, Tank Girl! What's the deal with all the animated cut scenes? Why did they bother trying to sex-ify that delousing powder shower scene? And how dare they take an hour to introduce Ice-T?! PLUS: Look out for Batman's latest nemesis, Downloader! Tank Girl stars Lori Petty, Naomi Watts, Ice-T, Malcolm McDowell, Reg E. Cathey, James Hong, Ann Cusack, and an unfortunate appearance by Iggy Pop; directed by Rachel Talalay.

WWE Monday Night Raw/Smackdown Review 8-17-16: Plus Look at Summerslam

This week on Between the Sheets with Lora Somoza - It's Sex and Stereotypes: Do we just have types or do we have types because of how we were raised? It's nature vs nurture on the law of attraction! Plus: Look out, Airbnb. Kinkbnb is coming for you and it's going to give you a spanking! Power Panel: Pakistani adult actress Nadia Ali, Shades of Blue's Leslie Silva and comedian Damienne Merlina join Lora for a titillating conversation.

Next summer, look for the sequel: Mrs. Dash. REVIEWED: Salt. PLUS: Look, Ma, no hyphen!