Ep 2. Young Lust Goes Bust

In this episode of American Greed, titled "Young Lust Goes Bust," viewers are taken on a journey into the world of a group of young, up-and-coming hedge fund managers as they work to establish themselves as top players in the industry. The episode explores how their greed and desire for success ultimately led to their downfall, resulting in serious legal consequences for all involved.

Through interviews with former employees and industry experts, the show examines just how these young men were able to rise so quickly to the top of the hedge fund world and the methods they used to achieve such staggering returns for their clients. Viewers learn about their aggressive tactics, willingness to take on high-risk investments, and how they used their charm and charisma to attract wealthy investors looking to get in on the ground floor of a new venture.

However, as the episode progresses, it becomes clear that not everything was as it seemed. Behind the glitz and glamour of their high-flying lifestyle, a web of lies and deceit was slowly unraveling. Viewers see how accusations of insider trading and other illegal activities began to surface, ultimately leading to a criminal investigation, arrests, and convictions for multiple individuals involved in the scheme.

The episode also explores the impact this scandal had on the hedge fund industry as a whole, with many questioning just how easy it is for those with nefarious intentions to succeed in such a highly competitive and lucrative field.

Overall, "Young Lust Goes Bust" is a cautionary tale about the dangers of greed and the lengths some individuals will go to achieve success. Through firsthand accounts and expert commentary, viewers gain insight into the inner workings of the hedge fund industry and how it can be both alluring and dangerous at the same time. This episode serves as a stark reminder that while it may be tempting to take shortcuts to success, the consequences for doing so can be severe.