US politicians just can’t seem to stay out of court. New Jersey Senator Bob Menendez is standing trial for charges that sound like a TV crime drama: alleged bribery, hidden gold bars and a secret FBI recording at a Washington steakhouse. But these allegations don’t just impact Menendez’s career–they could hurt Democrats as they fight an uphill battle to hold onto the Senate.

Big Take DC host Saleha Mohsin talks with Bloomberg legal reporter Patricia Hurtado and Congress editor Megan Scully about the trial’s intrigue and how it could harm the Democratic party’s image.

US politicians just can’t seem to stay out of court. New Jersey Senator Bob Menendez is standing trial for charges that sound like a TV crime drama: alleged bribery, hidden gold bars and a secret FBI recording at a Washington steakhouse. But these allegations don’t just impact Menendez’s career–they could hurt Democrats as they fight an uphill battle to hold onto the Senate.
Big Take DC host Saleha Mohsin talks with Bloomberg legal reporter Patricia Hurtado and Congress editor Megan Scully about the trial’s intrigue and how it could harm the Democratic party’s image.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

We’re taking The Big Take to DC. Every Thursday, Bloomberg’s Saleha Mohsin digs into how money, politics, and power shapes Washington - and the consequences for voters across America.

We’re taking The Big Take to DC. Every Thursday, Bloomberg’s Saleha Mohsin digs into how money, politics, and power shapes Washington - and the consequences for voters across America.

Big Take DC

Gold Bars, a Secret Recording and a Senate Seat Up for Grabs

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/180e9a31-de82-4a49-a749-b18e01122d98/transcript

What do Robert Kraft, Kevin Durant and Joe Tsai – owner of the Brooklyn Nets – all have in common? They’ve decided to go big on a new professional sport: lacrosse. Historically popular in East Coast colleges and prep schools – with a strong Canadian presence – these days, the Premier Lacrosse League is hoping to broaden its appeal to anyone looking for something other than baseball to watch during the summer.

On today’s episode, Philadelphia Waterdogs players Jake Carraway and Ryan Conrad on what it's like to juggle working on Wall Street during the week and playing lacrosse on the weekends and PLL founder Paul Rabil on his ambitious plans to emulate the success of the UFC. And host David Gura and Bloomberg reporter Bailey Lipschultz discuss what PLL’s story can tell us about other efforts to turn sports like cornhole and pickleball into big-money professional leagues. 

Read more: Wall Street Bankers Skip Hamptons Summer for Pro Lacrosse League

What do Robert Kraft, Kevin Durant and Joe Tsai – owner of the Brooklyn Nets – all have in common? They’ve decided to go big on a new professional sport: lacrosse. Historically popular in East Coast colleges and prep schools – with a strong Canadian presence – these days, the Premier Lacrosse League is hoping to broaden its appeal to anyone looking for something other than baseball to watch during the summer.
On today’s episode, Philadelphia Waterdogs players Jake Carraway and Ryan Conrad on what it's like to juggle working on Wall Street during the week and playing lacrosse on the weekends and PLL founder Paul Rabil on his ambitious plans to emulate the success of the UFC. And host David Gura and Bloomberg reporter Bailey Lipschultz discuss what PLL’s story can tell us about other efforts to turn sports like cornhole and pickleball into big-money professional leagues. 
Read more: <a href="https://www.bloomberg.com/news/features/2024-06-21/wall-street-bankers-skip-the-hamptons-for-premier-lacrosse-league">Wall Street Bankers Skip Hamptons Summer for Pro Lacrosse League</a>

Wall Street by Day, Waterdog by Night: The Double Life of a Professional Lacrosse Player

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bfbf45fa-42a6-4083-b17a-b19600fb8fdf/transcript

The long tail of the Great Recession and the aftermath of the pandemic have resulted in a major housing affordability crisis in the US — and it’s hitting everyone from homeowners to renters.

Today, Big Take DC host Saleha Mohsin digs into how we got here and whose problem it is to fix. She’s joined by Shaun Donovan, the secretary of Housing and Urban Development during the fallout of the 2008 financial crisis, and by Daryl Fairweather, a chief economist at Redfin.

Read more: Mortgages Stuck Around 7% Force Rapid Rethink of American Dream

The long tail of the Great Recession and the aftermath of the pandemic have resulted in a major housing affordability crisis in the US — and it’s hitting everyone from homeowners to renters.
Today, Big Take DC host Saleha Mohsin digs into how we got here and whose problem it is to fix. She’s joined by Shaun Donovan, the secretary of Housing and Urban Development during the fallout of the 2008 financial crisis, and by Daryl Fairweather, a chief economist at Redfin.
Read more: <a href="https://www.bloomberg.com/news/articles/2024-05-28/american-dream-of-homeownership-is-falling-apart-with-high-mortgage-rates?srnd=undefined">Mortgages Stuck Around 7% Force Rapid Rethink of American Dream</a>

The US Housing Affordability Crisis, Explained

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f9a6d670-5aaa-4601-8bff-b19501134a3c/transcript

As the $4.3 trillion hedge fund industry has boomed and competition for talent has intensified, firms are turning to a new strategy to get ahead: in-house boot camps. The goal is to mold promising new hires into future superstar traders.

Today on the show, Bloomberg’s Nishant Kumar joins host Sarah Holder to discuss what goes on inside these training programs — and what their rise means for the future of the industry.

Read more: Hedge Fund Talent Schools Are Looking for the Perfect Trader

As the $4.3 trillion hedge fund industry has boomed and competition for talent has intensified, firms are turning to a new strategy to get ahead: in-house boot camps. The goal is to mold promising new hires into future superstar traders. Today on the show, Bloomberg’s Nishant Kumar joins host Sarah Holder to discuss what goes on inside these training programs — and what their rise means for the future of the industry. Read more: <a href="https://www.bloomberg.com/news/articles/2024-06-19/giant-hedge-funds-citadel-and-point72-are-trying-to-create-the-perfect-trader?srnd=bigtake">Hedge Fund Talent Schools Are Looking for the Perfect Trader</a>

Inside the Hedge Fund Boot Camps Creating Star Traders

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e27a4aa0-4846-484a-bc27-b194013ff926/transcript

Gold Bars, a Secret Recording and a Senate Seat Up for Grabs

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