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    Business

    Grubstakers

    A podcast providing biography and commentary on the lives and misdeeds of billionaires. New episodes every other week on Soundcloud and every week on Patreon.

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    Copyright: © All rights reserved

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    Latest Episodes:
    Episode 163: Bernie Marcus (Home Depot) May 14, 2020
    Show notes

    This week we talk about DIY asshole Bernie Marcus, the man who says he built his $6.6 billion Home Depot fortune from scratch. We discuss the weird lies behind his origin story, his abuse of his workers, his illegal union busting, and the fact that he's profited off of keeping Home Depot stores open during the covid-19 pandemic. Home Depot refuses to say how many of their employees they have murdered through the decision to stay open but we know that there has been at least one. Rest in peace Johnathan Ferreira, you deserved better. Some of the sources used in this episode: https://www.courant.com/coronavirus/hc-news-coronavirus-retail-workers-20200508-l6ahgqo6mndf3ijnjtexhhp4a4-story.html https://www.thenation.com/article/archive/foundation-defense-democracies-iran/


    Episode 161 Unlocked: Sandy Weill and Citigroup (Part 2) May 05, 2020
    Show notes

    Part 2 of our profile on Sanford I Weill and his role at Citigroup we will take a longer look at Citi group in our last part of this trilogy. This episode covers Sandy Weill’s children and their misdeeds into falling upward in a no consequence system. The tarnished relationship between sandy and his former protégé Jamie Dimon and we close out the episode with the end of Glass-Steagall Act. The primary source for this episode was the biography "Tearing down the Walls" by Monica Langley: www.barnesandnoble.com/w/tearing-dow…ey/1023673999


    Episode 160: Sandy Weill and Citigroup (Part 1) Apr 29, 2020
    Show notes

    The first part of our 3 part series exploring the saga of Citigroup, the first American bank to become too big to fail. We follow the career of its billionaire CEO Sandy Weill: a rich kid from Brooklyn who had a dream to climb the corporate ladder by smashing up a million people's pensions, health benefits, salaries, and then to make a corporate monstrosity that would cook up fake documents to steal their house as well. When we talk about too big to fail banks we are talking about government sponsored entities. These are "private" banks run by private boards of directors that pay the profits to private individuals but are almost entirely funded with public (taxpayer) money. This series will study how this strange system came to be and hopefully motivate enough people to demand it end. The primary source for this episode was the biography "Tearing down the Walls" by Monica Langley: https://www.barnesandnoble.com/w/tearing-down-the-walls-monica-langley/1023673999


    Episode 158: Joe Lewis Apr 21, 2020
    Show notes

    Enter Joe Lewis: reclusive restaurateur-turned super villain currency speculator. Joe Lewis (the businessman; not the boxer) made billions betting against sovereign currencies, and nearly lost a billion betting on Bear Stearns. Now he wants to setup his own State in Argentina. In order to stop Joe, first get to know him and the empire he has built up, right here on Grubstakers.


    [Patreon Unlock] Episode 157: The Hearst Family (Part 1) feat. Eli Sairs Apr 18, 2020
    Show notes

    In our 2 part series on one of the richest families to ever exist, the basis for the Orson Wells classic Citizen Kane and a man who was kicked out of Harvard for shenanigans involving mailing his poop we discuss the illustrious Hearst Family. Covering George Hearst, the father of the megalomaniac William Rutherford Hearst the man of the hour. We cover in this our his involvement in the Spanish American war, how his father made his riches from grubstaking and the legacy his life leads. In our second part we discuss Patricia Hearst, the corporate maneuvers to maintain their wealth and of course Chris Hardwick. We are joined the hilarious Elie Sairs! He hosts the podcast of Roast Ghost and has an inside look at a Hearst owned corporation. Links to follow his work below. @elisairs https://podcasts.apple.com/us/podcast/eli-sairs-the-roast-ghost/id1455875406?mt=2


    [Patreon Unlock] Episode 156: Bernie retrospective during Corona Apr 14, 2020
    Show notes

    Due to (thankfully mild) illness, we had to delay this week's regularly scheduled episode. In it's stead, here's the most recent Patreon episode, the Grubstakers' reactions to the end of the Bernie campaign. Stay safe stay healthy.


    [Patreon Unlock] Episode 150: Eric S. Yuan (Zoom CEO) Apr 11, 2020
    Show notes

    Re release so people have better access to the episode. We use Google Hangouts to explain the rise of Eric Yuan and Zoom video conferencing -- all from the quarantine underground. Eric wants you to socially distance yourselves from his personal history and source of wealth, but we've got the details: burning down his neighbor's chicken coup, secretly recording your conference calls, not adhering to buffet protocol, and more


    [Patreon Unlock] Episode 154: The Bailout Bill 2.0 Apr 11, 2020
    Show notes

    We discuss the continuing and worsening covid-19 emergency in New York City and take an in depth look at the $6 trillion wall street relief bill that just passed congress. It's getting money directly to the people who need it most in this crisis: too big to fail banks who just had their junk bond portfolios blow up.


    Episode 155: Shane Smith (Vice) Apr 07, 2020
    Show notes

    We freebased DayQuil and recorded a podcast episode about Vice billionaire Shane Smith. This one delves into Smith's murky backstory, Vice's humble beginnings as a media property pump and dump, Vice union busting, and Smith's racist friend Gavin McGinnes. About ten minutes before the episode ends there were some technical difficulties (somebody forgetting to charge his recorder), so Sean's feed switches to Skype audio.


    Episode 153: Sun Myung Moon and the Unification Church Apr 01, 2020
    Show notes

    On this episode we discuss founder of the Unification Church, the Washington Times, North Korea’s Pyonghwa Motors, and Humanity’s Savior/first parent/successor of Christ Himself Sun Myung Moon. We delve into his teenage experience of being visited by Jesus, his time in a North Korean prison camp, building a fortune investing his followers’ candle sales, and his work spreading love through mass marriages as well as spreading hate through the Washington Times. To help anyone who needs their Grubstakers fix we have chosen to make all the episodes on our paywall free for a month. It's not a April Fools joke, but it is 4/20 all month.


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