In this week’s newsletter: Investors threw millions at a coin themed on the Netflix hit – that never appeared. Find out how in The Squid Scam. Plus: five of the best podcasts about celebrity scandals
History Listen: RockSt Vincent is your soothing host for this fine music lesson, starting in post-second world war America where jazz and blues merged in a “spilt booze and stale smoke palace”. The characters of the time are compelling subjects, particularly Willie Mae “Big Mama” Thornton, who recorded an early version of Elvis Presley’s Hound Dog and went on to collaborate with Muddy Waters. St Vincent shows how this wasn’t just a man’s world.
Fashion designer Liz Lange grew up in a family with a helicopter, a house in the Hamptons and a ski lodge in Aspen. But despite the Steinbergs’ lavish lifestyle and penchant for being massive show-offs, the close family fell on hard times. Lange documents their rise and fall, from jaw-dropping displays of wealth to bankruptcy and the knock of the bailiffs at the door . If you’re a fan of financial schadenfreude, it’s particularly satisfying.
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