Overleveraged,
Overconfident
Hosted by a former Fed insider who helped close 200+ failed banks during the financial crisis, Overleveraged, Overconfident dives deep into the biggest ego-fueled flameouts in finance. From hedge fund collapses to crypto pipe dreams, each episode unpacks the toxic mix of ambition, arrogance, and denial that drives smart people to make spectacularly dumb decisions.
In Season One, we cover CDOs, Excel mishaps, European bonds, Gated Funds, and warring billionaires.
In Season Two we examine six decades of financial hubris, featuring some of the biggest bank failures in American history.
Follow the Journey from Hubris to Bankruptcy. Available on Amazon, Apple and Spotify. Sponsorships available. Email Connect@sevensevenspider.com for pricing and slot placement information.
Recent Videos
"blind-sided by a trainload of clowns"
This quote by, Thomas Macioce , CEO of Allied Stores, after Robert Campeau was able to win control over Allied Stores in October 1986 in an $11 billion dollar takeover in a “street sweep” and then proceeded to drive the company into the ground.
In 1974, Franklin National went bankrupt. It was the biggest bank failure in the nation's history. Sindona was charged with embezzling $45 million from the bank. Stockholders. But last August, a month before Sindona was to stand trial, he disappeared. He walked out of the Pierre Hotel where he was staying, turned down fifth Avenue and vanished. He was later ‘returned” only to be arrested for an international fraud. Once with ties to the Pope, it was a far fall for him, the bank and currency exchange.