1 00:00:00,400 --> 00:00:03,159 Speaker 1: Offer deadline on Oak Street piles. Welcome to the housing market. 2 00:00:03,240 --> 00:00:05,160 Speaker 1: I'm with red Fin and I'm here to help. I 3 00:00:05,200 --> 00:00:07,800 Speaker 1: need to sell my house great. Redfin charges a one 4 00:00:07,840 --> 00:00:09,639 Speaker 1: percent listening fee when you buy and sell with us, 5 00:00:09,680 --> 00:00:12,240 Speaker 1: which is more than half awsome usual fee and says 6 00:00:12,280 --> 00:00:17,079 Speaker 1: you an average Oh wow? Is that all? Yep? I'm 7 00:00:17,160 --> 00:00:20,440 Speaker 1: kidding you had want to win that with Redfin. It's 8 00:00:20,480 --> 00:00:23,120 Speaker 1: real estate done right. Average Satan's is red Fin refund 9 00:00:23,160 --> 00:00:25,159 Speaker 1: plus one percent listening for the subject to minimums. Not 10 00:00:25,200 --> 00:00:27,640 Speaker 1: available in all areas. Learn more redfin dot com see 11 00:00:27,680 --> 00:00:31,760 Speaker 1: a b R E zero one two. Hey, it's Austin, 12 00:00:32,120 --> 00:00:35,239 Speaker 1: senior producer of the Ballad of Billy Balls. Thank you 13 00:00:35,280 --> 00:00:37,680 Speaker 1: so much for listening. We love you, and we'll be 14 00:00:37,720 --> 00:00:41,360 Speaker 1: back with a fresh episode on Thursday morning. But if 15 00:00:41,400 --> 00:00:43,600 Speaker 1: you have some time to fill these next few days, 16 00:00:44,000 --> 00:00:46,519 Speaker 1: you should check out this new show from C thirteen 17 00:00:46,520 --> 00:00:54,000 Speaker 1: originals and award winning documentarian Andrew Jenks. It's called Gangster Capitalism. 18 00:00:54,040 --> 00:00:57,480 Speaker 1: The series is about white collar corruption, and season one 19 00:00:57,680 --> 00:01:00,760 Speaker 1: examine something you've probably been hearing a lot about lately, 20 00:01:01,240 --> 00:01:05,720 Speaker 1: the college admission scandal, also known as Operation Varsity Blues. 21 00:01:06,800 --> 00:01:10,600 Speaker 1: The scandal has exposed Hollywood celebrities like Felicity Huffman and 22 00:01:10,680 --> 00:01:14,800 Speaker 1: Laurie Laughlin, as well as CEOs, real estate developers, and 23 00:01:14,840 --> 00:01:18,040 Speaker 1: other business executives who are alleged to have taken part 24 00:01:18,120 --> 00:01:23,160 Speaker 1: in schemes involving bribery, money laundering, and fraud. Andrew Jenks 25 00:01:23,280 --> 00:01:26,600 Speaker 1: is covering the scandal as it unfolds. Each episode of 26 00:01:26,640 --> 00:01:30,559 Speaker 1: Gangster Capitalism goes deeper into the investigation and the inner 27 00:01:30,600 --> 00:01:34,039 Speaker 1: workings of the tricks that some very rich people have 28 00:01:34,160 --> 00:01:38,000 Speaker 1: been using to cheat the academic system. Jenks also takes 29 00:01:38,000 --> 00:01:40,600 Speaker 1: a step back to ask how could this all happen? 30 00:01:40,800 --> 00:01:45,920 Speaker 1: And where do we go from here? Here's the trailer 31 00:01:46,000 --> 00:01:49,960 Speaker 1: for Gangster Capitalism, which is available wherever you listen to podcasts. 32 00:01:50,520 --> 00:01:55,640 Speaker 1: See in a few days. So I gave him two dollars, 33 00:01:55,640 --> 00:01:57,480 Speaker 1: he made a stake, I da with my name and 34 00:01:57,600 --> 00:02:03,360 Speaker 1: his photo. He took the sakes under my name, and 35 00:02:03,440 --> 00:02:07,080 Speaker 1: I got a fourteen hundred and got into my dream school. 36 00:02:17,080 --> 00:02:19,920 Speaker 1: Right now, I feel like I'm at a red carpet event. 37 00:02:25,200 --> 00:02:28,560 Speaker 1: People have been waiting here for hours, lined up three 38 00:02:28,680 --> 00:02:33,079 Speaker 1: deep behind barricades, back back behind the gate, just to 39 00:02:33,160 --> 00:02:36,240 Speaker 1: catch a glimpse, step back, get out of the way, 40 00:02:36,800 --> 00:02:43,799 Speaker 1: and then the faces of this story finally emerge, but 41 00:02:43,880 --> 00:02:46,880 Speaker 1: they're not flanked by publicists. Laurie, do you have anything 42 00:02:46,919 --> 00:02:51,480 Speaker 1: to say? Instead, police and lawyers are at their sides. 43 00:02:52,120 --> 00:02:58,959 Speaker 1: I'm sorry because Felicity Huffman and Laurie Laughlin are both 44 00:02:59,040 --> 00:03:02,880 Speaker 1: at the center of the biggest scandal in academic history. 45 00:03:05,720 --> 00:03:08,840 Speaker 1: This is a big story today. Operation Varsity Blues more 46 00:03:08,880 --> 00:03:11,720 Speaker 1: on that fallout from the college admission scandal rocking Hollywood 47 00:03:11,800 --> 00:03:15,920 Speaker 1: this morning. Although Huffman and Laughlin are the most well known, 48 00:03:16,639 --> 00:03:19,639 Speaker 1: there are only two of the many people charged with 49 00:03:19,800 --> 00:03:24,440 Speaker 1: scamming the system to get their kids into elite colleges. Hi, guys, 50 00:03:24,480 --> 00:03:27,079 Speaker 1: it's Olivia Jade. I don't really care about school. As 51 00:03:27,160 --> 00:03:30,239 Speaker 1: you guys all know. They were led by Rick Singer, 52 00:03:30,800 --> 00:03:34,519 Speaker 1: a con man posing as an admissions counselor, and his 53 00:03:34,680 --> 00:03:38,880 Speaker 1: vast network of co conspirators who exploited his client's sense 54 00:03:38,960 --> 00:03:43,560 Speaker 1: of entitlement, hubris, and obsession with status. It's the home 55 00:03:43,640 --> 00:03:49,760 Speaker 1: run of home runs aw to work every time. Unfortunately, 56 00:03:50,240 --> 00:03:53,640 Speaker 1: white collar crime is nothing new, but this time it's 57 00:03:53,720 --> 00:03:58,880 Speaker 1: different because the victims of these crimes are your children. 58 00:04:00,960 --> 00:04:06,200 Speaker 1: Welcome to gangster Capitalism. Season one of our new podcast 59 00:04:06,280 --> 00:04:10,400 Speaker 1: series is about the college admission scandal, produced and directed 60 00:04:10,440 --> 00:04:14,160 Speaker 1: by C thirteen Originals, a division of Cadence thirteen in 61 00:04:14,280 --> 00:04:19,200 Speaker 1: partnership with me Andrew Jenks. I'm a student at USC 62 00:04:19,520 --> 00:04:22,880 Speaker 1: University of Southern California. What did you think of the 63 00:04:23,240 --> 00:04:27,560 Speaker 1: scandal when you first heard? I wasn't surprised. It's really 64 00:04:27,760 --> 00:04:31,400 Speaker 1: not even a secret. If you're really surprised that this 65 00:04:31,560 --> 00:04:33,760 Speaker 1: is a thing, and then I'm sorry, where have you been? 66 00:04:33,880 --> 00:04:36,440 Speaker 1: Everyone knows the richest corrupt AND's been like that forever. 67 00:04:37,279 --> 00:04:39,600 Speaker 1: I dropped out of n y U after my sophomore 68 00:04:39,680 --> 00:04:42,599 Speaker 1: year of college because it felt like the game was rigged, 69 00:04:43,680 --> 00:04:46,000 Speaker 1: and this story has brought all of that back into 70 00:04:46,080 --> 00:04:50,360 Speaker 1: focus for me. So I've read the Affidavid's, the indictments, 71 00:04:50,600 --> 00:04:53,720 Speaker 1: and the phone records. I went to the federal courthouse 72 00:04:53,800 --> 00:04:59,080 Speaker 1: in Boston. I've spoken with college admissions experts, attorneys, parents, 73 00:04:59,560 --> 00:05:05,159 Speaker 1: student who have cheated, and the victims. And the signs 74 00:05:05,160 --> 00:05:08,640 Speaker 1: you're holding find says Lorie, please pay my tuition and 75 00:05:08,800 --> 00:05:11,279 Speaker 1: mine says after you get out of prison, of course, 76 00:05:13,480 --> 00:05:16,440 Speaker 1: and I'll introduce you to the team of misfits that 77 00:05:16,560 --> 00:05:21,599 Speaker 1: almost pulled it off. The ringleader, the genius from Harvard, 78 00:05:22,120 --> 00:05:26,960 Speaker 1: I gore, the ex Soviet and the middleman a k a. Mr. Fox. 79 00:05:27,360 --> 00:05:29,920 Speaker 1: And is there any risk this thing blows up? In 80 00:05:30,120 --> 00:05:33,040 Speaker 1: my faith? There are a lot of ways to do this. 81 00:05:33,320 --> 00:05:39,040 Speaker 1: I can do anything and everything. At its core, this 82 00:05:39,240 --> 00:05:42,119 Speaker 1: is a story about how money is used to hurdle 83 00:05:42,200 --> 00:05:47,160 Speaker 1: the rules, and how sometimes the rules only apply to 84 00:05:47,360 --> 00:05:51,240 Speaker 1: those without money. This is a game. Just realize that 85 00:05:51,360 --> 00:05:56,120 Speaker 1: this is a game. This is about our priorities, are values, 86 00:05:56,720 --> 00:06:03,280 Speaker 1: our culture, and our future. Really, it's about all of us. 87 00:06:05,520 --> 00:06:15,119 Speaker 1: This is gangster capitalism. Gangster Capitalism available now on Apple Podcasts, Spotify, Radio, 88 00:06:15,279 --> 00:06:18,000 Speaker 1: dot Com, and wherever podcasts are available.