Rights matter, but conversations about rights can be polarizing, confusing and frustrating. Lawyers and law professors Claudia Flores and Tom Ginsburg have traveled the world getting into the weeds of global human rights debates. On Entitled, they use that expertise to explore the stories and thorny questions around why rights matter and what’s the matter with rights. Entitled is produced with the support of University of Chicago Law School and Yale Law School, and is part of the award winni ...
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Inside Chicago Government Podcasts
Hear government insiders, activists, and journalists dive deep into the dark corners of Chicago government--driving shadowy deeds into the light. If you want to hear voices--voices that clue you to the backstage actors that affect our city--listen closely, because we're Chi!
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Bloomberg Radio host Barry Ritholtz has in-depth discussions with the people and ideas that shape markets, investing and business.
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For decades, Kurt Calabrese lived in the shadow of his father, Frank “The Breeze” Calabrese Sr., one of the Chicago Outfit’s most feared hitmen and loan sharks. Raised in a home ruled by violence, paranoia, and control, Kurt grew up knowing that loyalty wasn’t a choice, it was survival. In 2007, the Family Secrets Trial exposed 18 unsolved murders and a laundry list of heinous crimes that had terrorized Chicago for decades. Based on wiretap evidence from Kurt’s brother Junior, the case led t ...
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Are you passionate about cars? Have you imagined collecting, rebuilding or showing them? Classic cars have been appreciating rapidly and if my emails or anything to go by, quite a few of you have caught the fever. Hannah Elliot is the super car reviewer for Bloomberg, and has been covering the auto industry and exploring car culture for over 15 yea…
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Franklin Templeton's Sonal Desai on Fixed Income
54:02
54:02
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54:02Barry speaks with Sonal Desai, executive vice president and chief investment officer for Franklin Templeton Fixed Income. She directly manages $215 billion in assets. A native of India, Desai earned a Ph.D. in economics from Northwestern University and briefly taught economics at the University of Pittsburgh. She then spent six years with the Inter…
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At The Money: Getting Paid in Company Stock
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16:05Equity-based compensation has become an increasingly popular form of compensation in the United States, especially in Tech and high-growth, VC-funded companies. Joey Fishman is a Senior Advisor at Ritholtz Wealth Management (RWM), where he assists clients with managing their stock, options, and equity compensation. He joins Barry Ritholtz to discus…
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What does it mean when people start calling Donald Trump a king? And why are some political theorists — on both the right and left — exploring the possibility of leaving democracy behind? All this debate got co-host Tom Ginsburg thinking about an argument he’s been turning over in his head for years: could constitutional monarchy actually be the be…
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RenMac's Head of Economics Neil Dutta on Recession Indicators
1:06:23
1:06:23
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1:06:23Barry speaks with Neil Dutta, head of economics at Renaissance Macro Research. Neil leads their macroeconomic research efforts, with an emphasis on analyzing the US economy, Federal Reserve, global trends, and cross-market investment themes. Prior to RenMac, Neil spent seven years at Bank of America-Merrill Lynch. There, he was a Senior Economist c…
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At The Money: The Right Way to Spend Your Money in Retirement
19:38
19:38
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19:38One of the biggest challenges of retirement is actually spending your money! After decades of working, saving, and investing, pivoting to spending down your accumulated wealth can be surprisingly difficult. Christine Benz is the Director of Personal Finance and Retirement Planning at Morningstar. She's published numerous books on retirement, most r…
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Richard Bernstein on the State of Markets Today
1:13:46
1:13:46
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1:13:46Barry speaks with Richard Bernstein, CEO and Chief Investment Officer of Richard Bernstein Advisors. Rich has over 35 years′ experience on Wall Street, most recently as the Chief Investment Strategist at Merrill Lynch. Prior to joining Merrill Lynch in 1988, he held positions at E.F. Hutton and Chase Econometrics. They discuss the growth in his fir…
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What do you do when the business model of your chosen career changes radically? How can you adapt to changing conditions? Sam Ro is a veteran markets journalist and CFA. After decades of working for Forbes, Yahoo Finance, Business Insider, and Axios, he launched his own Substack, TKER. Each week, “At the Money” discusses an important topic in money…
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Citi Wealth Chief Investment Officer Kate Moore on Macro Investing
1:11:46
1:11:46
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1:11:46Barry speaks with Kate Moore, chief investment officer at Citi Wealth. They discuss Kate's extensive and diverse career which saw her as Head of Thematic Strategy and a portfolio manager for the Global Allocation Fund at BlackRock, and includes stops at JP Morgan, Bank of America Merrill Lynch, Moore Capital and Morgan Stanley in senior investment …
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Thinking about retirement? Do you know how you will spend your time? And perhaps most significantly, how much retirement can you afford? Christine Benz is Director of Personal Finance & Retirement Planning at Morningstar; her new book is “How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirement.” She joins Barry Ritholtz to discuss…
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Swiss Re's Velina Peneva on the Business of Reinsurance
1:12:58
1:12:58
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1:12:58Barry speaks with Velina Peneva, group chief investment officer at Swiss Re about the business of reinsurance, managing risk, her career path and more. Peneva started her career at Bain & Company in 1998 and later became Partner in 2011. While she was there, she worked with fund managers and investors, became a leader in the private equity practice…
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At The Money: Navigating War, Tariffs and Geopolitics
19:05
19:05
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19:05Israel attacked Iran with drones; the U.S. bombed Iran’s nuclear sites. This after months of Tariffs announcements and geopolitical wrangling. What are investors supposed to do? Sam Ro, an award winning financial journalist and CFA known for his clear, data-driven insights into markets joins Barry Ritholtz to discuss what you need to know about nav…
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BlackRock's Global Co-Head of iShares Fixed Income ETFs Stephen Laipply
1:02:06
1:02:06
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1:02:06Barry speaks with Stephen Laipply, global co-head of iShares Fixed Income ETFs at BlackRock, for a conversation about uncertainty in markets, the impact of the Trump administration's tariff and trade policies, the Fed's rate path this year, what's driving institutional and household investors from the fixed income perspective and more. See omnystud…
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At The Money: Buying a Vacation Home with Jonathan Miller
31:51
31:51
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31:51Want to buy a beach or lake house or other vacation property? You need some effort, assistance from a local expert, and a decent pile of money. Jonathan Miller, President of Miller Samuel, joins Barry Ritholtz to discuss what you need to know about purchasing a vacation property. Each week, “At the Money” discusses an important topic in money manag…
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Efficient Frontier Advisors Co-Founder & Neurologist Bill Bernstein
1:04:06
1:04:06
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1:04:06Barry speaks with Bill Bernstein, neurologist, investor, author and co-founder of Efficient Frontier Advisors about his unique career path from science to finance and how he uses lessons learned in neurology and applies them to investing. Bill also shares his thoughts on the current economic and political environment and his thoughts on how to navi…
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At The Money: Cass Sunstein on Shifting Your Career Focus
17:01
17:01
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17:01How do you change careers when you are a highly accomplished, successful attorney? The answer is focus within your profession on what you love doing! Cass Sunstein, professor at Harvard Law School co-author of the new book, “Algorithmic Harm: Protecting People in the Age of Artificial Intelligence” Previously he co-authored “Nudge” with Nobel Laure…
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Transforming ETFs with Bryon Lake of Goldman Sachs Asset Management
1:03:52
1:03:52
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1:03:52Barry speaks with Bryon Lake, Chief Transformation Officer for the Client Solutions Group within Goldman Sachs Asset Management. Bryon started at PowerShares in the ETF industry eventually becoming head of International ETFs for Invesco. Bryon then moved to New York to head JPMorgan Asset Management's global head of ETF solutions. See omnystudio.co…
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At The Money: Algorithmic Harm with Professor Cass Sunstein
20:53
20:53
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20:53What is the impact of “ Algorithms” on the prices you pay for your Uber, what gets fed to you on TikTok, even the prices you pay in the supermarket? Cass Sunstein, professor at Harvard Law School co-author of the new book, “Algorithmic Harm: Protecting People in the Age of Artificial Intelligence” Previously he co-authored “Nudge” with Nobel Laurea…
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Richmond Federal Reserve President and CEO Tom Barkin
59:37
59:37
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59:37Barry speaks with Richmond Federal Reserve President and CEO Tom Barkin. Tom has been a member of the Richmond Fed since 2018. He is also on the Federal Open Markets committee and is responsible for a variety of Richmond Fed technology and bank supervision. Previously, Tom had spent 30 years at McKinsey, where eventually he became chief risk Office…
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Thinking About a Career Change? You’ll Need Skill, Work – and Luck
14:27
14:27
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14:27What does it take to undertake a significant career change? How can you shift from a safe but unsatisfying job into one that you love? Successfully navigating a major career change requires some skill, some hard work, and a bit of luck. Morgan Housel is the author of the best-selling “Psychology of Money” (8 million copies sold worldwide), We discu…
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A smart and fun chat show about all things business. Hosted by award-winning business and economics journalists Max Chafkin (author of The Contrarian: Peter Thiel and Silicon Valley’s Pursuit of Power) and Stacey Vanek-Smith (former co-host of NPR’s Planet Money and reporter for Marketplace), Everybody's Business is powered by the unparalleled sour…
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Panera Bread Founder Ron Shaich on Fast Casual Dining
59:55
59:55
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59:55Barry speaks with Ron Shaich, co-founder of Au Bon Pain and founder and former chairman and CEO of Panera Bread. A key part of building that brand, today Shaich is a lead investor in Cava, Tatte, Life Alive and Level99, continuing a long and extensive career in the restaurant and fast casual business. He’s credited with defining the fast causal seg…
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At The Money: The Art of Spending Money with Morgan Housel
13:26
13:26
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13:26 Is there an art to spending your own money? We spend a lot of time discussing earning and investing money, but how often do we really think deeply about spending it? Morgan Housel, author of the best-selling “Psychology of Money” (8 million copies sold worldwide), is the author of a new book, “The Art of Spending Money, Simple Choices for a Richer…
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Targeting Sickle Cell Disease (Sponsored Content)
16:12
16:12
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16:12Terri Booker’s body burns with pain. She’s one of the 100,000 Americans living with sickle cell disease – a blood disorder that can cause severe pain, organ failure, and even premature death. The genetic condition came about to protect against malaria. Dr. William Hobbs leads clinical development for sickle cell disease at Vertex, and they are inve…
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Factor-based Investing with John Montgomery
50:07
50:07
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50:07Barry speaks with John Montgomery, President, CEO, Founder and Portfolio Manager of Bridgeway Capital Management. His responsibilities include the firm’s strategic direction, investment management and risk oversight, portfolio management, and mentoring. John holds a Bachelor of Science in Engineering, a BA in Philosophy from Swarthmore College, and…
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Why Mahmoud Khalil's Lawyer Is Losing Faith In The Justice System
46:58
46:58
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46:58As student protests over Gaza sweep college campuses, one case is testing the limits of free speech and immigration law in America. Mahmoud Khalil, a Columbia student and lawful permanent resident, was arrested by ICE without a warrant and sent to a remote detention center in Louisiana—allegedly for his political advocacy. In this episode, we sit d…
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Bonus: An Evening with Michael Lewis, From "Liar’s Poker" to Today
1:28:08
1:28:08
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1:28:08Barry speaks with bestselling author and financial journalist Michael Lewis, live, from the Landmark Theater in Port Washington, NY. The wide-ranging, 90-minute conversation covered the full arc of his career, from “Liar’s Poker” to this year’s “Who is Government.” The informative – and at times hilarious – conversation included his experiences tur…
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In the final chapter of Killing Kurt, Kurt Calabrese travels to a remote house in North Carolina to confirm his father’s death. What begins as a simple errand turns into an emotional reckoning. Inside a dim room behind a red curtain, Kurt comes face to face with the body of Frank Calabrese Sr.—the man who dominated, abused, and haunted his life. Fo…
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Influencing Capital Allocation with Karin Risi
46:55
46:55
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46:55Barry speaks with Karin Risi, who spent 27 years at Vanguard, the world’s 2nd largest asset manager. She has reported directly to the past four CEOs of VG. Risi formulated enterprise-level strategy, drove client and revenue growth, oversaw talent development, and influenced capital allocation for the $10 trillion investment firm serving 50 million …
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At the Money: Doctor's Orders - How to Change Careers
17:59
17:59
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17:59What does it take to undertake a significant career change? How can you shift from a safe but unsatisfying job into one that you love? William Bernstein, founder of Efficient Frontier Advisors, is both a neurologist and a professional investor. He is also the author of numerous books on investing and economic history, including “The Four Pillars of…
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As Kurt Calabrese tries to settle into life after prison, ominous threats begin to arrive—dead rats on his porch, anonymous letters, and a staged bomb at his home—signs someone in the Outfit suspects he’s cooperating with the Feds. While he denies involvement, suspicion falls on his father and the father's girlfriend, Diane, whose presence near Kur…
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Inside the Gerber Statistic with Sander Gerber of Hudson Bay Capital
54:44
54:44
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54:44Barry speaks with Sander Gerber, Hudson Bay Capital CEO and CIO. Hudson Bay is a global, multi-strategy investment firm. In 2008, Mr. Gerber developed the Gerber Statistic, which was accepted as an innovation complementary to his own work by the late Dr. Harry Markowitz, the Nobel Prize-winning economist and father of Modern Portfolio Theory (MPT).…
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Masters in Business LIVE: Carlyle Group CEO Harvey Schwartz
35:22
35:22
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35:22In this BONUS live edition of Masters in Business, Barry Ritholtz speaks with Harvey Schwartz. He's the CEO of the Carlyle Group. They talk about his New Jersey roots, how his mentors helped him grow on Wall Street and how geopolitics will play a critical role in investor fortunes. They speak at the Future Proof Miami conference on March 18, 2025. …
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In 1998, Frank Calabrese Jr. makes the most dangerous decision of his life: he writes a letter to the FBI offering to turn against his own father—one of the most feared mob enforcers in Chicago history. What follows is one of the most audacious undercover operations in the history of organized crime. In this episode, we go inside the moment that ch…
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Embracing Global Opportunities with Jeffrey Becker of Jennison Associates
56:05
56:05
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56:05Barry speaks with Jeffrey Becker, Chairman and CEO of Jennison Associates LLC. Prior to joining Jennison in 2016, Jeff served as the CEO of Voya Investment Management, formerly ING. He held various positions with ING including Vice Chairman, Chief Operating Officer, and Chief Financial Officer. He is a member of the Economic Club of New York and al…
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In 1995, the FBI's years-long investigation into the Chinatown crew comes to a head with sweeping indictments and early morning raids. With their criminal empire crumbling, the Calabrese family faces the full weight of the justice system—and begins to turn on itself. This episode tells the harrowing story of what happens when loyalty becomes a liab…
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The New Stock Movers Podcast: Sample Episode
4:19
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4:19Listen to the new Stock Movers Podcast from Bloomberg. Subscribe for five-minute episodes on today's winners and losers in the stock market. Listen on Apple: https://apple.co/4kJ43ON Listen on Spotify: https://tinyurl.com/mr385jv6 Listen on other platforms: https://link.podtrac.com/h0zn7xir See omnystudio.com/listener for privacy information.…
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Are We Witnessing The End of The Postwar Order?, with Former President of the U.N. Dennis Francis
34:17
34:17
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34:17What happens when the country that helped design the international human rights system starts to dismantle it? In this episode, we speak with the former president of the U.N. General Assembly, Ambassador Dennis Francis, about the growing threats to global cooperation and human rights—from authoritarian drift, to shrinking U.S. commitments, to risin…
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Trends in Emerging Markets with Martín Escobari
1:03:59
1:03:59
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1:03:59Barry speaks with Martín Escobari, Co-President and Head of Global Growth Equity at General Atlantic. Prior to joining General Atlantic in 2012, Martín served as Managing Director at Advent International and Co-Founder and CFO of Submarino.com, a leading Brazilian online retailer. He also spent time with The Boston Consulting Group. In addition to …
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Team Favorite At the Money: How Much Money Is Too Much?
12:33
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12:33Can money buy you happiness? How much money is too much? Does wealth offer diminishing returns? In this edition of At the Money, Barry Ritholtz is joined by Brian Portnoy to explore these questions. Portnoy has held senior investment roles throughout the hedge fund and mutual fund industries. He is also the author of the bestselling books, 'The Geo…
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A duffel bag filled with mob cash disappears—and with it, any remaining trust between Kurt Calabrese, his brother Junior, and their volatile father, Frank “The Breeze” Calabrese. Kurt’s loyalty is tested like never before when his father shows up unannounced, ready to retrieve what he believes is still safely hidden in the bank. But when Frank disc…
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The Absolute Return Revival with Tony Yoseloff
1:31:38
1:31:38
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1:31:38Barry speaks with Anthony Yoseloff, Managing Partner and CIO of Davidson Kempner. Tony joined the firm in 1999. He holds a J.D. from Columbia Law School and an M.B.A. from Columbia Graduate School of Business Administration. Aside from his time at Davidson Kempner, Tony also holds various board seats, including the Board of Trustees of Princeton Un…
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Team Favorite At the Money: Are Hedge Funds Are Right For You?
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16:08
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16:08Hedge funds have never been more (or less hedged). The alternative asset class has become a huge destination for institutional and family office capital. But are the high costs and performance risks appropriate for you? Ted Seides is founder and CIO of Capital Allocators, and learned about alts working under the legendary David Swensen at the Yale …
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By the early 1990s, Frank Calabrese Sr. had spent decades building a criminal empire fueled by fear, paranoia, and control. He taught his sons the art of survival in the mob—never use house phones, memorize payphone numbers, speak in code, and trust no one. But when Frank let his guard down for an indebted auto shop owner named Matt Russo, the crac…
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Wealth Management and the 'Great Normalization' with Lisa Shalett
1:10:10
1:10:10
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1:10:10Barry speaks with Lisa Shalett, Chief Investment Officer at Morgan Stanley. Previously, she was CEO and chairman at Sanford Bernstein, CIO at Merrill Lynch Asset Management, and now CIO at both Morgan Stanley Wealth Management and runs their asset allocation models and their outsourced chief investment officer models. On this episode, Barry and Lis…
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S3 E01: I'll Kick You So Hard You'll Walk Funny
38:44
38:44
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38:44Kurt Calabrese, son of notorious Chicago Outfit hitman Frank "The Breeze" Calabrese Sr., breaks his silence about growing up under the shadow of one of Chicago's most feared mob enforcers. His story begins with a dramatic courtroom confrontation during the historic "Family Secrets" trial, where Kurt's victim impact statement provoked his father's m…
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The complicated relationship between Kurt Calabrese and his Uncle Nick reveals how Nick became a surrogate father figure in Kurt's turbulent childhood. While Kurt's father Frank Sr. ruled through fear, Uncle Nick showed kindness—despite his increasingly dark role as an outfit hitman who would eventually participate in multiple murders for the Chica…
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Check out the new Stock Movers Podcast from Bloomberg. Subscribe for five-minute episodes on today's winners and losers in the stock market. Listen on Apple: https://apple.co/4kJ43ON Listen on Spotify: https://tinyurl.com/mr385jv6 Listen on other platforms: https://link.podtrac.com/h0zn7xir See omnystudio.com/listener for privacy information.…
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'Who is Government' with Michael Lewis
1:05:25
1:05:25
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1:05:25Barry speaks with author and financial journalist Michael Lewis. Michael has written countless New York Times bestsellers including Flash Boys and Going Infinite. His book The Big Short was turned into an Oscar-winning film, alongside his Oscar-nominated books-turned film The Blind Side and Moneyball. On this episode, Barry and Michael breakdown th…
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At the Money Special: Activist Investing for NAV
41:30
41:30
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41:30What happens when a fund is trading below its NAV (net asset value)? How can investors force management to allow the fund to trade back to fair value? Boaz Weinstein, founder and manager of Saba Capital Management, speaks with Barry Ritholtz about activist investing in closed end funds. His firm runs over $7 billion in client assets, and he manages…
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