True Anon Truth Feed - [PREVIEW] Episode 152: Hwang's World
Aired: 2021-04-19
Duration: 04:57


=== Let's Talk Money (04:57) ===

[00:00:00]  No, Brace, are you okay?
[00:00:02]  Yeah, no, I'm fine.
[00:00:04]  i'm all good um let's just let's just let's just do it Let's just get through this.
[00:00:13]  I'm Brace.
[00:00:18]  Did I convince?
[00:00:19]  Did you think that was real?
[00:00:20]  No.
[00:00:20]  Okay, let's.
[00:00:21]  Okay, money.
[00:00:49]  Is that your rap?
[00:00:50]  What do you mean?
[00:00:50]  No, that wasn't a rap.
[00:00:51]  That was me.
[00:00:52]  That was the sound of like air.
[00:00:55]  No, I was going like a money, a dollar bill, like scraping, you know, the texture of a dollar bill scraping out my dollar bill.
[00:01:02]  No one does that.
[00:01:03]  I'm doing it right now.
[00:01:04]  Well, with my hands and making a noise with my mouth.
[00:01:07]  But that's like, have you ever like taken a bunch of money and then done it one by one like that?
[00:01:12]  No.
[00:01:12]  Off a roof after you like made a big score on the market?
[00:01:15]  Anything like that?
[00:01:18]  No, but I have gone swimming in a swimming pool of coins.
[00:01:24]  You have?
[00:01:24]  Yeah, with my friends, the little ducks.
[00:01:29]  I was going to say something there, but I can't make three of those in one episode.
[00:01:33]  Oh, okay.
[00:01:34]  Hello, everyone.
[00:01:35]  Hi.
[00:01:37]  My name is Brace.
[00:01:39]  We are joined by producer Young Chomsky, and the podcast is called Money Talk Markets, brought to you by Bloomberg.
[00:01:49]  That's what we're doing today.
[00:01:50]  We got Money Talk.
[00:01:51]  Markets.
[00:01:52]  Bloomberg.
[00:01:54]  We have with us today the one and only Barron's top queen, Alexandra Skaggs, to talk about, well, what are we talking about, baby?
[00:02:04]  We're talking scandal, leverage, loans, bankruptcy, crash, banks, regulators, the police.
[00:02:16]  We're talking all of it.
[00:02:18]  And we are talking about money.
[00:02:25]  let's get to it welcome listeners to braces financial harem Where I invite you into my boudoir.
[00:02:54]  This is awful.
[00:02:56]  With my all-female team of financial advisors, of course, we have with us today my number one Goyam advisor, of course, Liz Franzac, and recurring guest, Finco correspondent Alexandra Skaggs.
[00:03:15]  How are you doing, Alexandra?
[00:03:16]  Good to have you.
[00:03:16]  I am good.
[00:03:18]  How are you guys doing?
[00:03:19]  Good, good.
[00:03:20]  Fantastic.
[00:03:22]  So, before we get into the big story today, you have to settle a little bit of a argument that Mr. Belden and I were having, which I've never called you, Mr. Belden.
[00:03:36]  That sounded almost kind of strange.
[00:03:38]  Well, you know, as your employer in the financial sector, I think that's only appropriate.
[00:03:43]  Yeah, you would.
[00:03:44]  This is a $50 billion bet between myself and my employer.
[00:03:48]  It's through a swap, so I'm actually not on the hook for it.
[00:03:53]  How do you pronounce Archegos?
[00:03:55]  Archagos?
[00:03:58]  I think it's Arch Egos.
[00:03:59]  No, I don't think anyone knows.
[00:04:01]  it's actually a mystery no i think it's archegos or uh archegos i I've literally heard like every financial news network person, podcaster, say it every which way.
[00:04:16]  I'm waiting for Portnoy to weigh in, but yeah, I'm just, I think we should all sort of just pick, you know, Truanon style guide.
[00:04:25]  However you feel like pronouncing Arch Egos today, Archagua, feel free.
[00:04:31]  You know, it's open.
[00:04:34]  Since, you know, since it's sort of not doing so great right now, I feel like, what are they going to do?
[00:04:39]  Sue us?
[00:04:40]  Yeah, totally.
[00:04:41]  Actually, they might.
[00:04:41]  That's where they get their money back.
[00:04:44]  So.
[00:04:45]  Truanon Cash.
[00:04:46]  Yeah.
[00:04:47]  Archegos capital management.
[00:04:51]  People not following the story, you should be, but now you are because there's a new Truanon.