Bob Iger, Josh Kushner Buys LA Lakers for $12.5B & The FAA is Run by Gamers
Summary
Neil Freiman and Kyle Haggy discuss the shocking sale of the LA Lakers to Bob Iger and Josh Kushner, noting the rapid transaction amidst owner Mark Walter’s legal troubles. They analyze cooling inflation data that reduces the likelihood of a Fed rate hike and critique Roku’s new 24/7 AI-generated content channel. The episode also covers private equity’s unsold asset backlog, a surge in American travel to Europe, the FAA recruiting gamers as air traffic controllers, and quirky news including a UK election satire candidate and a golfer faking a hole-in-one.
Topics discussed
Intro, Left-Handers Day, and Rubrik Sponsor
Bob Iger and Josh Kushner buy the LA Lakers
Inflation cools, Fed rate hike odds drop
Roku launches 24/7 AI-generated content channel
Private Equity firms hoard unsold companies
Record number of Americans hold passports
FAA hires video gamers as air traffic controllers
Count Binface runs against Nigel Farage in UK
Golfer fakes hole-in-one and gets banned
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