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.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.