The Enron-Era Tricks Are Back in AI: How These Companies Are Hiding Their Debt | The Weekly Wrap

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On this episode of The Weekly Wrap, Steve Eisman discusses why the off-balance sheet financing techniques that caused Enron's collapse and amplified the GFC are back in full force in the AI world. He also covers the Ten Year yield breaching 5.1%, Paramount being cleared for takeoff with WB, troubling news from Oracle & Blue Owl, Meta's Muse agentic AI agent, and much more.

00:00 - Intro

02:42 - War in Iran, Oil Prices, & Interest Rates

03:43 - Troubling News From Oracle & Blue Owl

04:29 - Paramount Cleared For Take Off

05:40 - Softbank Junk Borrowing

06:23 - AI Circular Financing

20:00 - Meta's Muse

22:46 - Mailbag: Shorting Against the Box

24:30 - Outro

Watch my Financial Literacy Masterclass video here: https://youtu.be/u8chA7LC8lU