Fyre Fest Is Back Taylor Swift Is Single and Chipotle Sues Sweetgreen
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00:00 - I'm just jerking off to AI porn.
00:01 It's kind of my hobby.
00:02 The face you just gave me.
00:04 - No, I'm glad you have hobbies.
00:05 - Yeah, it's like kind of--
00:06 - What's the porn of?
00:08 - Like he puts the dogs I really like in there,
00:09 Samoyeds, yeah, like.
00:12 (laughing)
00:13 Don't act like you didn't do that, Jordan,
00:14 'cause you did that.
00:15 - So what are the dogs doing?
00:16 - Yeah, like they're getting walked.
00:18 (upbeat music)
00:20 - Welcome back to This Week in Money.
00:28 This Week in Money with Serena--
00:30 - Shahidi.
00:31 - That's exactly how I was gonna pronounce it.
00:33 - And Mark Moran.
00:34 - Yeah, Fyre Fest number two with your friend
00:37 Billy McFarland is in the works.
00:39 He has to pay back over 100 investors,
00:42 about $26 million, and he's gonna do it
00:45 by throwing number two.
00:47 What do we think about this?
00:48 Are you gonna go, are you gonna attend the Fyre Fest?
00:51 - I probably, if he personally asked me to, I would attend.
00:55 I wouldn't pay money to attend,
00:57 but maybe as a brand trip.
00:59 - I think that'd be good for your brand,
01:00 you know, chaotic, we don't know what's gonna happen.
01:02 - Would you go to Fyre Fest too?
01:04 - Honestly, I'm always down for an adventure.
01:06 I'd figure why not, but you know what?
01:07 I have a question for you.
01:08 Who would win in a fight,
01:10 Billy McFarland or Martin Shkreli?
01:11 - Definitely Billy McFarland.
01:12 - I think Martin would.
01:13 - How?
01:14 - Because he hung out with the Puerto Ricans in prison.
01:16 He knows how to fight.
01:18 - Do you think he works out?
01:19 - He doesn't need to when you have a mind like that.
01:22 Martin is multiple smarter than Billy.
01:24 You can't say that.
01:26 - I don't wanna say either way.
01:28 Who would win in a fight though,
01:29 Billy McFarland or me?
01:30 - When and where does this fight take place?
01:33 Like if it's at a Home Goods in Brooklyn, you.
01:35 - Okay, at a Home Goods in Brooklyn.
01:36 - Then you.
01:37 (upbeat music)
01:38 - American offices are half empty.
01:41 What does that mean for banks?
01:43 Probably nothing good.
01:44 - Blackstone bought these two buildings,
01:46 I think they were outside of San Diego,
01:48 but sold them for like a 36% loss
01:50 after they bought them in 2014.
01:52 And so the market's cratering for this
01:53 'cause you're right, no one is going back to work.
01:55 What do you think about the future of working
01:57 in the office where we are right now?
01:58 - We gotta rezone.
02:01 - That is.
02:02 - Make these residential.
02:03 - We should turn these into lofts is what you're saying.
02:05 - Yeah, don't you wanna live in a shuttered WeWork?
02:08 - Sounds kind of spooky.
02:09 I'd like to live in a shuttered strip club though.
02:10 - That sounds even spookier.
02:12 - But at least there'd be poles.
02:13 - Yeah, that's a good workout.
02:14 Upper body strength.
02:15 - Exactly, and lower body strength too.
02:17 (upbeat music)
02:18 So Taylor Swift and Joe Alwyn.
02:22 - Alwyn.
02:23 - What?
02:24 - Alwyn, yeah.
02:25 - They broke up, the couple was together.
02:26 I'm not reading this directly.
02:28 I didn't even know she was in a relationship.
02:28 - Six years.
02:29 Taylor Swift was in a six year long relationship
02:32 with actor Joe Alwyn who was in something once
02:36 that I don't really know what it's called.
02:39 They have called, it quits.
02:41 Apparently it's amicable.
02:42 - And quote unquote, not dramatic.
02:46 This sounds like my ex-girlfriend.
02:48 Like amicable and not dramatic.
02:50 - On the downside, this means love isn't real, okay?
02:53 On the upside, great album coming.
02:55 And that's a trade off I'm willing to make.
02:57 (upbeat music)
02:58 Oh, sweet green stock has fallen after Chipotle sues
03:03 for trademark infringement over their
03:05 Chipotle chicken burrito bowl.
03:08 What do you think, was Sweet Green wrong for this?
03:10 - That sounds like such an original concept.
03:12 I'm sure no one has ever thought of a chicken burrito bowl
03:14 before, Serena.
03:16 Let's sue over it.
03:17 I mean, look, I think it's a good business strategy.
03:18 Do I think they're gonna win in court?
03:19 Probably not.
03:20 - Do you think that somebody putting rice and beans
03:23 in a bowl should be--
03:24 - Revolutionary, right?
03:25 Like who would have thought?
03:26 You wanna invest in that lawsuit?
03:27 - I would love to invest in that lawsuit.
03:29 I think--
03:30 - I feel like you'd really like litigation financing.
03:32 - Why?
03:33 - It's adversarial, it's controversial.
03:36 Not everyone agrees with it.
03:37 It's got a little, how do I say?
03:39 Je ne sais quoi to it, you know?
03:42 - I used to wanna work in HR
03:43 'cause I wanted to hear all that office gossip.
03:45 To be fair, I feel like Sweet Green's clientele
03:48 loves to sue.
03:49 - You think so?
03:50 - It's very Brooks Brothers.
03:52 It's very--
03:53 - Oh, that's their clientele?
03:54 - Yeah.
03:54 - There's a difference in customer base
03:55 between Just Salad and Sweet Green?
03:57 - Just Salad, us Just Salad heads, we're humble.
04:00 We're real.
04:01 - You're a humble.
04:01 - I'm humble and I'm real.
04:02 - You can even keep it straight, right?
04:04 (upbeat music)
04:05 Frank found her criminally charged with fraud
04:07 over 150 million JP Morgan,
04:10 100 said there's a light in the way.
04:11 No, you can't see this on the camera,
04:13 but it's 175 million JP Morgan deal.
04:15 What do we think about this, Serena?
04:17 - Oh, okay, Charlie Javis.
04:19 - I didn't prepare for this one.
04:20 - She was the founder of Frank,
04:22 which helped college students get financial aid.
04:26 And she told JP Morgan that they had 4 million customers.
04:29 They actually had about 300,000, but--
04:32 - Rounding, rounding.
04:34 She was just rounding.
04:35 - She was rounding.
04:36 It felt like she was manifesting is the thing.
04:39 - Exactly.
04:40 And we're gonna take a girl boss down?
04:42 - She wasn't claiming to have 4 million customers.
04:45 She was saying that as an affirmation.
04:47 - In the future, yeah, exactly.
04:48 - As an affirmation, I have 4 million customers.
04:50 - Exactly, that's what I do when I go to Fiddlesticks.
04:52 It's like I have $20 million in the future.
04:55 - The same way I look in the mirror
04:56 and I'm like, everything's fine.
04:57 And I'm more like--
04:58 - I do that too.
05:00 - I think she did nothing wrong.
05:01 I think, okay, either let her off the hook
05:05 or investigate everybody on Forbes 30 Under 30.
05:09 - We, they should investigate everyone
05:10 on the Forbes 30 Under 30.
05:12 - They sure should.
05:13 - Literally, the Forbes 30 Under 30,
05:15 the fraud pipeline is unbelievable.
05:17 - Great work.
05:18 - The Secret Service, we already know
05:22 they're tracking things like Twitter and Facebook.
05:25 But did you know they're tracking OnlyFans,
05:28 Twitch, and Pinterest?
05:30 Do you think they're gonna be checking in
05:31 on my Pinterest anytime soon?
05:33 - Definitely, they're checking in on your Pinterest,
05:34 seeing what the grunge board is all about,
05:37 seeing what's going on, the trends in the Brooklyn community.
05:39 Look, this isn't surprising.
05:40 Honeypotting has been a thing that has gone on
05:42 since the early 50s.
05:44 What would the Secret Service find in your OnlyFans account?
05:48 - Well, you know, I made an OnlyFans account
05:50 and I'm top 61% so far where I post my memes.
05:53 But in my personal one, I probably correspond
05:57 with some individuals who, you know,
06:00 we don't need to get into that.
06:00 But look, I do think this makes sense.
06:03 I mean, a lot of the way, like, look at Donald Trump,
06:05 that the way that he potentially may go down
06:07 is through hush payments to a porn star.
06:10 A lot of people lose their better judgment
06:13 when they're horny and think with their genitals.
06:16 Not gender specific, but it's just something
06:19 that a lot of great individuals over the course of history
06:22 have gone down because--
06:24 - I would say it's gender specific.
06:26 I sure would.
06:27 - And with that, it's been This Week in Money
06:29 with Serena.
06:30 - Shahidi.
06:31 - Yeah, and Mark.
06:32 See you next week for Next Week in Money.
06:34 - See ya.
06:35 (upbeat music)
06:37 And that's perfect 'cause Hunter Biden is mother.
06:41 - I would say Jill Biden is, like, Jill Biden, oh.
06:44 - Is she mother?
06:44 Who's mother to you?
06:45 - Brandi Love.