
The Journey
From Hubris to Bankruptcy
Latest Episodes
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Latest Episodes *
What happens when a small-town hockey player from Minnesota’s Iron Range swaps his stick for a Bloomberg terminal and $26 billion in other people’s money? You get Phil Falcone—the hedge fund king who shorted subprime to riches, then torched it all borrowing from his own fund, rigging bond markets, and backing a satellite network that nearly broke GPS nationwide. This is decision deafness in action: how a man who couldn’t hear “no” went from billionaire to pitching crypto TV—with his name misspelled in the deck.
Because some people never learn the first time—and some Wall Street networks run deeper than friendship.
For all of those who wanted someone to go to jail for the Great Financial Crisis, it looks like Osman Semerci will be—but not for that. And not in the US.
This is the story of Phil Falcone: rich, reckless, and maybe just a little too confident for his own good.
Paying for a therapist when you’ve been kicked off your parents’ insurance…yikes.