Jim Chanos & Bethany McLean on Lessons from Enron, Financial Fraud Throughout History, and the Fall of FTX, SVB & Wirecard

<p>Today’s guests are <a href="https://twitter.com/WallStCynic">Jim Chanos</a>, famed short-seller and founder of Kynikos Associates, and <a href="https://twitter.com/bethanymac12">Bethany McLean</a>, contributing editor at Vanity Fair and the author of multiple books, including <a href="https://amzn.to/43BreC2">The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron</a>.</p> <p>In today’s episode, Jim & Bethany cover all aspects of fraud.<span class="Apple-converted-space"> </span> They share where we are in both the financial cycle and the fraud cycle, why we continue to see frauds since they first connected about Enron over 20 years ago, and the thin line between a visionary and a fraudster. We discuss the anti-short seller rhetoric that<span class="Apple-converted-space"> </span> pops up every few months, the impact of social media on the rise and fall of companies, and the impact of stock-based compensation and adjusted earnings.<span class="Apple-converted-space"> </span></p> <p>As we wind down, Jim shares his concerns about the commercial real estate sector, and Bethany gives a preview of her <a href= "https://amzn.to/3AP1Trn">book</a> releasing this October. <span class="Apple-converted-space"> </span></p> <p>-----</p> <p>Follow Meb on <a href= "https://twitter.com/MebFaber"><strong>Twitter</strong></a><strong>,</strong> <a href= "https://www.linkedin.com/in/mebanefaber/"><strong>LinkedIn</strong></a> and <a href= "https://www.youtube.com/channel/UCKvWzzrVUA_DSCoKXL6GU2w?sub_confirmation=1"> <strong>YouTube</strong></a></p> <p>For detailed show notes, click <a href= "https://mebfaber.com/2023/05/03/im-chanos-bethany-mclean/"><strong> here</strong></a></p> <p>To learn more about our funds and follow us, subscribe to our <a href= "https://theideafarm.us1.list-manage.com/subscribe/post?u=6750faf5c6091bc898da154ff&id=7249739cdb"><strong>mailing list</strong></a><strong> </strong>or visit us at <a href= "http://www.cambriainvestments.com/"><strong>cambriainvestments.com</strong></a></p> <p