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Jul 2023
35m 25s

On Background: Who Buys Distressed Asset...

Pushkin Industries
About this episode

Andy Mitchell could be called a "doctor for business." His firm, Lantern Asset Management, buys up businesses in immediate need of cash and willing to sell at bargain-basement prices. Michael Lewis calls up Mitchell to get the "distressed asset" angle on the company at the center of Lewis's next book: the now extremely distressed crypto exchange, FTX. But along the way, we hear about other businesses on the skids, including the maker of Twinkies, and the Weinstein Company.

Head to atrpodcast.com and submit a question for Michael to answer in an upcoming episode.

See omnystudio.com/listener for privacy information.

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