Vietnamese real estate tycoon Truong My Lan was convicted in April of orchestrating a $12.3 billion fraud. She was sentenced to death by lethal injection, which she is appealing. And this week, the court is expected to hand down another verdict on additional charges. 

On today’s Big Take Asia podcast, host K. Oanh Ha speaks to Bloomberg’s John Boudreau about how Lan was able to embezzle so much money for so long, how she went from riches to death row and what her multibillion fraud case means for one of the fastest growing economies in Asia.

Vietnamese real estate tycoon Truong My Lan was convicted in April of orchestrating a $12.3 billion fraud. She was sentenced to death by lethal injection, which she is appealing. And this week, the court is expected to hand down another verdict on additional charges. 
On today’s Big Take Asia podcast, host K. Oanh Ha speaks to Bloomberg’s John Boudreau about how Lan was able to embezzle so much money for so long, how she went from riches to death row and what her multibillion fraud case means for one of the fastest growing economies in Asia.

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

How an Infamous Vietnamese Businesswoman Engineered a $12 Billion Fraud

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/819a7e49-850b-46e1-bff6-b20a0162f736/transcript

Anthropic’s initial public offering, set for November, will be the first by a company whose primary focus is developing frontier AI models. It could surpass SpaceX’s recent IPO as the biggest on record. And it’s risky. In 94 pages, the company laid out how its plans could be knocked off course by regulation, energy costs, climate change — or catastrophic risks to humanity caused by its own models.

In today’s episode, host Sarah Holder, Bloomberg Opinion columnist Dave Lee and Michael Regan, managing editor for US equities, talk about why the company is leaning into its risk prospectus, what a successful IPO would mean for competitors and markets and how much is riding on next week’s US midterm elections.

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Host: Sarah Holder; Guests: Dave Lee, Michael Regan; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Sean Carter.

Anthropic&rsquo;s initial public offering, set for November, will be the first by a company whose primary focus is developing frontier AI models. It could surpass SpaceX&rsquo;s recent IPO as the biggest on record. And it&rsquo;s risky. In 94 pages, the company laid out how its plans could be knocked off course by regulation, energy costs, climate change &mdash; or catastrophic risks to humanity caused by its own models.
In today&rsquo;s episode, host Sarah Holder, Bloomberg Opinion columnist Dave Lee and Michael Regan, managing editor for US equities, talk about why the company is leaning into its risk prospectus, what a successful IPO would mean for competitors and markets and how much is riding on next week&rsquo;s US midterm elections.
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: Sarah Holder; Guests: Dave Lee, Michael Regan; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Sean Carter.

The IPO

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/49861f97-a649-4827-9281-b4f00155b4cf/transcript

France is caught between two powerful forces: protesters demanding that the government protect public services and social benefits and a bond market that can’t stomach the idea of France’s deficit getting any larger. 

But the fight over France’s budget is also reviving a longstanding debate at the heart of the euro zone: How much control does a country really have over its economic future when it shares a currency with its neighbors? On today’s Big Take podcast, Bloomberg’s John Stepek joins host Sarah Holder to discuss the competing forces shaping France’s financial future — and what’s at stake for the rest of Europe.

Read more:
A Turning Point for France Looks a Long Way Off
A French Accident Waiting to Happen
French Bond Risk Falls Most Since 2020 as Downgrade Avoided

Further Listening: 
French Bond Markets and AI Neoclouds Feel The Pressure


We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Host: Sarah Holder; Guest: John Stepek; Produced by Julia Press and Naomi Shavin; Edited by Tracey Samuelson; Engineering by Emma Munger.

France is caught between two powerful forces: protesters demanding that the government protect public services and social benefits and a bond market that can&rsquo;t stomach the idea of France&rsquo;s deficit getting any larger. But the fight over France&rsquo;s budget is also reviving a longstanding debate at the heart of the euro zone: How much control does a country really have over its economic future when it shares a currency with its neighbors? On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s John Stepek joins host Sarah Holder to discuss the competing forces shaping France&rsquo;s financial future &mdash; and what&rsquo;s at stake for the rest of Europe.
Read more:
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/newsletters/2026-10-22/money-distilled-a-turning-point-for-france-looks-a-long-way-off?srnd=undefined">A Turning Point for France Looks a Long Way Off</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/opinion/articles/2026-10-23/a-french-accident-waiting-to-happen">A French Accident Waiting to Happen</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-26/french-markets-rebound-after-nation-avoids-moody-s-downgrade?srnd=homepage-americas">French Bond Risk Falls Most Since 2020 as Downgrade Avoided</a></li>
</ul>
Further Listening:&nbsp;
<ul>
<li><a href="http://swap.fm/l/GfmTa1sMYjCWjsDJYsYA">French Bond Markets and AI Neoclouds Feel The Pressure </a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host:&nbsp;Sarah Holder; Guest: John Stepek; Produced by Julia Press and Naomi Shavin; Edited by Tracey Samuelson; Engineering by Emma Munger.

Does France Answer to Its Citizens or the Bond Market?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b925ce5c-e668-4db5-aff8-b4ef01630259/transcript

India’s “Cockroach” protests have returned to the streets of Delhi, and just as the country faces intensifying challenges from abroad, including fallout from the Iran war and tensions with the US, China and Pakistan.

In a conversation on the sidelines of Bloomberg’s New Economy Forum in New Delhi last week, Suhasini Haidar, diplomatic editor for The Hindu, sat down with The Mishal Husain Show to unpack India’s shifting place in the world and Gen Z discontent at home.

India&rsquo;s &ldquo;Cockroach&rdquo; protests have returned to the streets of Delhi, and just as the country faces intensifying challenges from abroad, including fallout from the Iran war and tensions with the US, China and Pakistan.
In a conversation on the sidelines of Bloomberg&rsquo;s New Economy Forum in New Delhi last week, Suhasini Haidar, diplomatic editor for&nbsp;The Hindu, sat down with The Mishal Husain Show to unpack India&rsquo;s shifting place in the world and Gen Z discontent at home.

Weekend Listen: Suhasini Haidar on Modi’s Challenges Trump Abroad and Gen Z at Home

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/48b98bcf-d686-4047-8514-b4ee00ec2613/transcript

How an Infamous Vietnamese Businesswoman Engineered a $12 Billion Fraud

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