EP02 | How the Rich Play by Different Rules—LME Loopholes, Purdue’s Endgame & White Lotus Realities
Description
This episode dives into the latest Liability Management Exercise (LME) loopholes shaking up debt markets (2:14 ), and why the Fifth Circuit’s ruling in Serta is just the beginning of a wild restructuring playbook (5:41 ). We then break down the endgame for Purdue Pharma and Johnson & Johnson’s talc saga (15:07 )—are these settlements real resolutions, or just high-priced damage control?
But that’s not all—are vacations the new luxury investment? (39:22 ) We analyze why high-net-worth consumers are ditching designer goods for exclusive getaways, and how White Lotus perfectly captures the financial elite’s twisted world (42:05 ).
Stick around for our most unhinged sponsor ad yet (47:53 )—because nothing says financial markets like a totally not addictive 24-hour performance pill from the makers of, well, you already know.
United States
