The Wall Street Skinny
Where Bloomberg meets Page Six.
Join us -- Kristen and Jen -- two former Morgan Stanley and Lehman Brothers investment bankers who take the most complex deals, market moves, and stories in finance and distill them into what actually matters.
From conversations with the biggest names in investing to deep dives people can’t stop sharing (not to mention the occasional HBO Industry red carpet), this is the show Wall Street is obsessed with.
Episodes
234 episodes
Private Credit: Even Apollo's Trapped Investors. Here's Exactly What You Need to Know
Private credit is all over the headlines — and all over your social media feed. Apollo just gated redemptions, Moody's stripped KKR's credit fund of its investment grade status, and Bill Maher is talking about it on late night TV. But what's ac...
•
54:23
Private Credit UPDATE: Is this 2008 all over again?
If you read the headlines about Private Credit, it feels like we're on the verge of another Global Financial Crisis. So, are we? In this Private Credit "state of the union" episode, we break down the structural differences between tod...
•
50:57
Head of Investor Relations at $3 Billion Hedge Fund Tells All | Capital Raising 101
In this episode, we sit down with Kate Baumann, Head of Investor Relations at Empyrean Capital Partners (a $3 billion event-driven, multi-strategy hedge fund), LIVE from iConnections in Miami. Here's the thing nobody tells yo...
•
31:33
Jobs, Oil, and the Ellison's LBO of Warner Brothers | TWSS x CNBC's Dan Nathan & Guy Adami: "He Said / She Said"
We're back for the ninth installment of He Said She Said, our regular crossover series with Dan Nathan and Guy Adami of CNBC's Fast Money. We recorded just after the open Friday morning, breaking down a February jobs report that caught many off...
•
20:56
Iran Is Shaking the Oil Markets. What the Top Commodities Traders Are Thinking Right Now
In this special emergency episode of The Wall Street Skinny, we sat down with Andreas Laskaratos, CEO of AB Commodities Group, a global oil and gas shipping and trading firm with operations spanning Europe, Asia, and the Americas. Andrea...
•
51:21
LIVE from Miami: Is Private Credit Fundraising OVER?
We sat down with Ron Biscardi, the CEO and co-founder of iConnections, live at Global Alts Miami to get the skinny on what's happening with fund managers and allocators in real time. Last year, private credit was the undisputed darling...
•
19:01
Paramount Outbids Netflix for WBD & Middle East Military Action Fallout | Emergency Episode
Kristen and Jen tackle two major stories in this double emergency episode. First, Kristen breaks down latest update in the Warner Bros saga — how Paramount outbid Netflix with a $31/share offer, why Netflix walked away, and what the deal means ...
•
26:07
Industry S4E8 "Both/And" | Where does Industry go from here?
It's a bittersweet day at The Wall Street Skinny, where we are recapping the SEASON FINALE!! While this one is lighter on finance than most episodes this season, we still dig into the mechanics of closing out a massive short position without sp...
•
1:59:35
TWSS x CNBC's Dan Nathan & Guy Adami: "He Said / She Said" - Blue Owl's Private Credit Fiasco
We teamed up with Guy Adami and Dan Nathan to discuss two major developing market stories ahead of meeting in Miami for the iConnections Global Alts conference. The first topic is stress in private credit, centered on Blue Owl’s retail-focused ...
•
24:41
Industry S4E7 "Points of Emphasis" | Hostile Takeovers
In this episode, we're breaking down Season 4, Episode 7 of Industry, "Points of Emphasis" — and we have a lot of feelings. We walk you through all the major plot developments, from Whitney's attempted escape and his terrifying confrontation wi...
•
2:06:07
Goldman Sachs’ Head of Alts for Wealth, Kristin Olson: What No One Tells You about Investing in Private Markets
Kristin Olson, Goldman Sachs’ Head of Alternatives for Wealth, sits down with us for the most candid, no-fluff conversation about private equity and private credit we've ever had. .She walks us through the very real benefits of investin...
•
50:14
TWSS x CNBC's Dan Nathan & Guy Adami: "He Said She Said" | 100 Year Bond + Paramount / WBD Update
In the sixth installment of He Said, She Said on the Risk Reversal Podcast, Kristen and Jen are joined by CNBC's Dan Nathan and Guy Adami to talk century bonds, Paramount / Warner Brothers update, and the existential angst surrounding ...
•
33:18
Industry S4E6 "Dear Henry": Why This Might Be the Greatest Episode of Industry Ever Made
Recap & Breakdown of HBO's Industry season 4 episode 6,Harper launches her assault on Tender at the Alpha Conference, delivering a devastating short thesis complete with a DCF analysis and sum-of-the-parts valuation. We break down e...
•
2:46:56
The Skinny On: SAAS-pocalypse, misleading jobs data, & Japanese equities breaking records, feat. Macabacus' CEO
We're back with The Skinny On...three wild stories: confusing jobs data, Japan's equity market rally, and why everyone's freaking out about AI killing SaaS companies.Confused by the latest Non-Farm Payrolls report? So were we. The blowo...
•
49:03
TWSS x CNBC's Dan Nathan & Guy Adami: "He Said She Said" | SaaSpocolyspe + Elon Musk's SpaceX / xAI Merger
Kristen and Jen are joined by Guy Adami and Dan Nathan of CNBC's Fast Money for the fifth installment of "He Said, She Said." The conversation kicks off with the so-called "SaaS Apocalypse" — the brutal selloff across software stocks — and unpa...
•
36:52
Private Infrastructure Investing 101 feat. Billionaire Founder / CEO: Mike Dorrell of Stonepeak
In this Infrastructure 101 episode, we sit down with Mike Dorrell, co-founder, chairman, and CEO of Stonepeak, to unpack how infrastructure investing evolved from a niche corner of finance into one of the most important asset classes shaping th...
•
1:04:10
TWSS x CNBC's Dan Nathan & Guy Adami: "He Said She Said" | Dollar Collapses, Hedge Funds and Gambling vs. Investing
Jen Saarbach & Kristen Kelly join the guys to discuss the decline in the US dollar, market sentiment and Gen Z's proclivity for gambling.
•
28:29
Industry S4E4 "1000 Yoots, 1 Marilyn" | The "Leap of Faith" / Most Disturbing Episode Yet
Perhaps the most painful and disturbing episode of Industry yet, this episode asks uncomfortable questions about the way easy access --- whether it be to high finance, drugs, or illicit content online --- reduces human experience to abstraction...
•
2:26:38
The Skinny on Policy Chaos and Volatility: Time to Sell? feat. Alicia Levine of BNY Wealth
In this episode, we’re joined by Alicia Levine, Head of Investment Strategy at BNY Wealth, for a wide-ranging conversation on what’s driving markets right now — and what investors should actually do about it. We start by breaking down the real ...
•
38:10
TWSS x CNBC's Dan Nathan & Guy Adami: "He Said She Said" | Japan’s Bond Market Blows Up, Netflix Goes All-Cash
This week on He Said, She Said, CNBC Fast Money stars, Guy Adami and Dan Nathan together with Kristen and Jen from The Wall Street Skinny dive into one of the most overlooked market shocks of the year: a massive, seven standard deviati...
•
23:51
Industry S4E3 "Habseligkeiten" | The Threesome Episode
We are BACK with one of the most dense, finance-forward, darkly entertaining episodes of Industry YET. With a title that evokes the theme of "belongings", this episode is all about who belongs in which rooms, who belongs to whom when i...
•
2:16:13
Netflix Changes WBD Offer to All Cash | Emergency Update
Netflix just announced it plans to revise its Warner Bros. Discovery acquisition offer to an all-cash deal — but why? Wasn’t the bidding war already over? And why did Netflix stock drop after the announcement?In this episod...
•
11:15
Citi's Global Head of Research, Lucy Baldwin | Covering Private Companies, Crypto, and what AI means for Analysts
Lucy Baldwin, the Global Head of Research at Citigroup, is leading one of the most consequential shifts in how institutional research is done today. In this episode, we unpack how the sell-side research role is being completely redefined, movin...
•
1:21:22
TWSS x CNBC's Dan Nathan & Guy Adami: "He Said She Said" | Powell Under Pressure, Credit Card Cap Concerns & Real Estate Supply Issues
In this episode of 'He Said, She Said', Guy Adami, Kristen Kelly & Jen Saarbach dive into the theme of unintended consequences. The discussion begins with Jerome Powell's saga and its implications on the Fed's independence and market reacti...
•
33:52