King George’s Shitty Risk Transfer | ZFG Episode 49

The other pitched Poober. They are not the same. And just in case there were any lingering debate over who’s cooler – Freddy Brick or Mark Zuckerberg – it’s all been settled over 4th of July wakeboarding. Freddy and Carson go on to discuss President Biden’s disastrous debate performance and whether it marked the end of his re-election campaign. 

Politics aside, Carson points to the cheating scandal at Nathan’s July 4th Hot Dog Contest as the singular moment that will mark the decline of our empire. And while Freddy tried to give his best King George impression from Hamilton by asking, “What have you won?”, we can at least rest easy that our national forests are safe from investment bankers. 

The US Supreme Court has had a busy few weeks and its most recent Chevron Deference ruling has Carson pondering what this might mean for the Securities Exchange Commission and hedge fund regulation. Blackstone’s SRT’s are giving off vibes of credit crises of the past, while the drop in commercial real estate values are uncovering increasing cases of mortgage fraud.

TIMESTAMPS:
00:00 - Intro
00:41 - US vs. UK
08:13 - Hot Dog Eating Contest Scandal
12:12 - Investment Banker Caught In Treesome?
13:54 - Supreme Court Updates
20:43 - Blackstone Gets Risky?
27:17 - Real Estate Crackdown 
33:40 - Outro