rothstein is a slow pay. he knows the value of keeping money around so you can invest it in other things, such as loan sharking. so, if you don't pay the white sox players what you have promised them right away. say, you are holding on to another 40 or $50,000. you can use that $40 $50,000 to bet on them, which isn't much of a bet because you know the outcome. or just loan some money to some guy in times square. so why put the money to use that way? hang on to it. a slow pay will eventually get him killed after he was a slow pay in a very high stakes poker game in 1928. but his guys are not paying the white sox right away. and they feel stiffed. so, they are going to eventually start to play to win. everybody is double crossing everyone else. and that is why, say, for example, eddie seacot wins that one game that he wins in the -- in the 1919 world series. and why, even though harry was made up by elliot asanoff, there were threats coming in. there -- there's an account of one threat which was coming in to wi

rothstein is a slow pay. he knows the value of keeping money around, so you can invest it in other thing, such as loan sharking. so if you don't pay the white sox players what you've promised them right away, say you're holding onto another $40,000 or $50,000, you can use that $40,000 or $50,000 to bet on them, which isn't much of a bet because you know the outcome, or to just loan some money to some guy in times square. so, why put the money to use that way? hang onto it? being a slow 35i will eventually get him killed after he's a slow pay of $300,000 in a very high-stakes poker game in 1928, but his guys are not paying the white sox right away. and they feel stiffed. they're eventually going to start to play to win. everybody is double-crossing everyone else. and that is why say, for example, eddie cicotte wins the one game he wins in the 1919 world series and why, even though harry f. was made up by eliot asinov, there's threats coming in. one threat to williams and chick gandil later on in an interview,

so so people so rothstein becomes the victim. oh poor arnold rothstein. but what the what the remarkably does is rothstein and fallon had sent a patel out of the country to montreal gohide hide. stay there forever. shut up. but then they think it over and fallon brings. a towel back a tell is walking through times square one day. and a couple detectives of pickpocket squad go up to them and arrest him and a reign him for his part on in the black sox fix. and then they bring in. a witness from chicago named sammy pass who tell had bet with on the series and passed would have said a tell bet with me the series was fixed and i was defrauded. pass shows up in court and they say this is this is a battelle a patel remember had been featherweight champion of the world. he was a famous guy. and passes no. it was a different a battelle that i bet with. this is complete perjury is a total lie money was passed to pass at grand central terminal or penn station when he when he got into town and so a tell walks that way these this is how chicago justice and new york. j

rothstein can supply that. then there are a whole bunch of gamblers from the midwest, there was a fellow named henry kidd becker, who had been working on fixing the 1918 world series. he didn't quite pull it off, and was thinking about doing the 1919 world series, but unfortunately, he was shot dead in april 1919. this by the husband of one of his girlfriends. but he left behind other gamblers in st. louis, a guy named carl short, harry ramen, ben franklin. other gamblers in des moines, this is interesting. they supposedly honest stay, it upright midwest, you see all these gambling centers in their. and in des moines, there's a guy named david stelter, and ben and liu levy. big gamblers, they are going to be involved in this. then a fourth group, well, i don't know if you got called to people a group, and they are sleepy bill burns and a guy named billy moe hard. sleepy bill burns and a majorly pitcher of no great reputed at all. no great energy, which is why he was called sleepy bill. he would literally fall a

jed rothsteinjed rothstein more from -- more from jed rothstein next.is bloomberg. ♪ emily: the company we work founded by adam neumann and backed by softbank was valued at $47 billion two years ago, but plans for an ipo imploded after investors raised concerns about its business model and adam neumann's management style. the pandemic has driven we work to close many locations, cut thousands of jobs, and renegotiate leases. now wework is in the process of going public. it is valued at $9 billion. still a big deal, but certainly not what it was. that is more than five times lower than its peak valuation. hulu has a no documentary out -- new documentary out by jed rothstein. jed joins me now. this story has been so fascinating, a roller coaster over the last couple years. as you were recording this out, what was the thing that surprised you most about this story? jed: i knew the outlines of what happened to the company and adam's journey as the leader of it, but i did not understand the journey that so many people who worked there took. it was interesting

the color of law it forgotten history of how our government segregated america written by richard rothstein. it's an incredible in-depth look at how federal government policies literally lead to comic contributes to and supported segregation in housing. it was shocking to me how systematic this was really glad i read it will serving on the banking committee and the senate it's got great, great background. i felt in love with the brittany murder mysteries by john luke who followed an inspector needs tons of food, drinks lots of wine and also solve some murder mysteries on the side. >> when do you find the time to read? would you like to read? >> i love to read before i go to bed at night. specially more of the lighter fare. i fight back and forth to minneapolis to washington all the time. airplane readings really good pretty honestly do not time is much time to read a site did. but not time of the massive briefing books i get every night to read also. that keeps me pretty busy. >> what books are you planning on reading in the future? and why? >> i have to say i'm really interested in a book

shaped public perceptions at what happened david petrusa is the author of two books on the subject rothstein the lifetimes and murder of the criminal genius who fixed the 1919 world series and judge and jury about baseball's first commissioner. okay. i like to welcome you all to the village library of cooperstown on the director here david kent

rothstein, you were talking about zoning laws. what other tools to local and regional governments have to proactively prevent hazardous termination? -- discrimination? mr. ruxton, if you have any ideas. richard: people are talking about the federal policy, but it is also in the purview of local government. there are counties that have assistance programs, recognizing they are responsible. it is not simply the federal government that can do this. another important issue for state governments is enforcement of the fair housing act's basic non-termination proposals -- nondiscrimination proposals. provisions that continue to be violated. i am sure you are aware of the explosive survey that you stated -- newsday dade, long island newsday. healthier neighborhoods and they were steered away. we are ignoring and have been ignoring for many years, the important role of licensing real estate agents. those real estate agencies who were steering whites to white neighborhoods and african-americans to black neighborhoods continue to exist as th

david pietrusza is the author of two books on the subject, rothstein and lifetime of the criminal geniused

in a new hulu documentary from director jed rothstein wework or the making and breaking of a $47 billionong? >> adam began to expand his vision beyond their core business thinking that wework could solve some of the most intractable global problems imaginable. i think that adam made some mistakes that proved crucial in his downfall. >> reporter: through the eyes of former employees and wework member, the documentary investigates what happened behind the scenes from the company culture. >> wework summer camp was fyre festival gone right. >> reporter: to the devotion. >> i believed every word that came out of adam's mouth. >> reporter: to the man behind it all. >> adam was totally erratic. if you tell a 30-something male that he's jesus christ, he's inclined to believe you. >> we have to ask the simple questions. what is this business? how will it make money and i think if the managers of a company can't answer those basic questions we should be wary of plowing billions of dollars into them. >> reporter: and what this story really captures is how euphoria and hysteria and that cult of pers

so people -- so rothstein becomes the victim, oh, poor arnold rothstein. but what he does is, rothstein and fallon had sent abe out of the country to montreal, hide, stay there forever, shut up, but then they think it over and fallon brings atell back. atell is walking through time square one day and a couple detectives, the pickpocket squad, go up to him and arrest him and arraign him for his part on the black sox fix. and they bring in a witness from chicago named sammy pass who atell had bet with him on the series. he would have said the series was fixed and i was defrauded. he shows up in court and they said, this is abe atell. abe atell, a featherweight champion of the world. he was a famous guy. and he says, no, it was a different abe atell that i bet with. this is complete perjury. this is a total lie. money was passed to pass at grand central terminal or penn station when he got into town. and so atell walks that way. this is how chicago justice and new york justice was handled in those ways and so, you know, in the -- when the trial concludes with

rothstein's. >> it all comes down to housing.e has an article about how if a black student is living in a neighborhood where there is more air pollution because a highway runs through it and there is more exhaust fumes, he might have asthma and he might wake up in the middle of the night and be more tired and so he might not perform as well at school. and if you have a school that is full of black students that have that kind of either, you know, single-issue -- single issue or co-morbidity, they are going to be at a disadvantage because of where they live. >> the way schools are funded in the united states also plays a role in the quality of education different neighborhoods receive. when redlining was outlawed, this did not change. the same families were still in the same neighborhoods, sending their kids to the same schools. they were stuck and many people still are today. >> redlining excluded people from community development for almost 40 years. although the fair housing act of 1968 officially outlawed red lining, people an