Latest / Uncomfortable Conversations with Josh Szeps / "Is Trump Insane?" with Anthony Scaramucci
Transcript
- 0:00Get a humans welcome to say space with dangerous ideas, it's time for the mooch, the mooch.
- 0:08Is there a more dangerous conversation to say to a man, why did you go and work for that
- 0:14big fat idiot Donald Trump?
- 0:18That's the premise of this conversation really.
- 0:21The mooch, if you don't recall, was one of a revolving series of cast members of the Trump
- 0:26administration and subsequently has become, well, even before the administration began,
- 0:35in fact, was probably the most valuable thing to global elites and to money people, which
- 0:42is he was one of them who was a translator of Trump, who straddled both worlds.
- 0:48He wasn't from Trump crazy land, he's a very successful business person, he's a financier.
- 0:55But most recently, he's now a crypto guy, he just got burned by Sam Bankman Fried, the
- 1:01huge crypto titan who turned out to be something of a fraud, apparently, I mean, he hasn't
- 1:07been convicted yet, but the whole edifice, the whole House of Cards that Sam Bankman
- 1:11Fried had constructed, collapsed and people left without their shirts.
- 1:15One of those people is sort of Anthony Scaramucci, but it's also sort of hard to know whether
- 1:23or not he's completely, what side is he on his, he victim or perpetrator in the whole
- 1:27Sam Bankman Fried thing?
- 1:29Basically, he and he was, he's a bit of a mentor to Sam Bankman Fried.
- 1:34The two of them were on top of the world together, Sam Bankman Fried bought 30% of Anthony
- 1:41Scaramucci's company and the two of them went on a tour around the Middle East, a grand
- 1:49fundraising tour to raise $2 billion for Sam Bankman Fried so that FTX could buy which
- 1:58was Sam Bankman Fried's crypto company that subsequently collapsed so that it could buy
- 2:02distressed crypto, then the whole thing fell apart.
- 2:05Now, Sam Bankman Fried, who's completely broke owns 30% of Anthony Scaramucci's company.
- 2:13So we talk a little bit about that, but it's obviously not the main thing that I want
- 2:15to focus on with this guy.
- 2:18The main thing that I want to focus on is what the hell it was like to work for a person
- 2:24like Trump.
- 2:26So let's just go back.
- 2:29It's so headspinning to remember those days of the early months of the Trump presidency
- 2:34where the whole White House was a revolving dual cast of characters, Sean Spicer, remember
- 2:39Sean Spicer, remember Sean Spicer on Saturday Night Live as played by Melissa McCarthy.
- 2:47Settle down, settle down, settle down.
- 2:51Before we begin, I know that myself and the press have gotten up to Rocky Starrie.
- 2:59Okay, okay, okay.
- 3:02In the sense, when I say Rocky Starrie and I mean it in the sense of Rocky the movie
- 3:09because I came out here to punch you.
- 3:13And also I don't talk so good.
- 3:15That's Melissa McCarthy playing Sean Spicer who preceded Anthony Scaramucci as the White House
- 3:22communications director.
- 3:24He was succeeded by Hope Hicks after a 10 year.
- 3:27Do you remember how long Anthony Scaramucci was a White House communications director of
- 3:3211 days, 11 days?
- 3:36Here's how that happened.
- 3:37I literally want to just read to you how this all went down.
- 3:42It'll give you a better understanding of the subsequent conversation on July 21st, 2017.
- 3:48President Donald Trump appointed Scaramucci, the White House communications director.
- 3:54The White House announcement of Scaramucci said he would report directly to the president
- 3:58rather than to the White House chief of staff as White House secretary Sean Spicer had.
- 4:03On the day that Scaramucci's appointment was announced, Spicer resigned, getting ahead
- 4:08of things, so he can't be fired.
- 4:10The New York Times reported that he had done so after advising Trump that he vehemently
- 4:14disagreed with the appointment of Scaramucci.
- 4:16Trump's chief of staff, Rince Prebus, also had vehement objections to Scaramucci's hiring.
- 4:23On July 26, 2017, this is five days after Scaramucci gets the job.
- 4:28The journalist Ryan Lizzer reported that Scaramucci called him to try to identify who leaked
- 4:34information about a meeting to the New Yorker.
- 4:38During the call, Scaramucci revealed some disagreements he had with Prebus and White House
- 4:43advisor Steve Bannon.
- 4:45Scaramucci believed the conversation to be off the record.
- 4:48During the interview and in a tweet immediately afterwards, Scaramucci said he had contacted
- 4:52or would be contacting the FBI and the Department of Justice asking them to investigate Prebus
- 4:56for allegedly leaking his financial disclosure form to a political reporter.
- 5:01Scaramucci later deleted the tweet and the reporter stated publicly that she had obtained
- 5:07the information from the US export import bank, in fact.
- 5:11On July 28, this is now seven days after Scaramucci has appointed White House Communications
- 5:16Director.
- 5:17Gee, she'd moved fast.
- 5:18Prebus's resignation as the chief of staff was announced.
- 5:23It's the person to whom the White House Communications Director is supposed to report.
- 5:27But Scaramucci was reporting directly to Trump.
- 5:31Prebus said that he had resigned the previous day.
- 5:34Also on July 28, Trump announced that he had named retired General John F. Kelly as his
- 5:39new chief of staff.
- 5:41Three days later on July 31, Trump dismissed Scaramucci from his role as communications director.
- 5:47On the recommendation of Kelly, this is the new chief of staff, who wanted him removed
- 5:52because he didn't think Scaramucci was disciplined and believed Scaramucci had lost his
- 5:55credibility.
- 5:56In other words, Scaramucci had lost his credibility because this conversation that he had with
- 6:01the New Yorker journalist actually was Ryan Lister at the New Yorker.
- 6:05I'm not sure where Ryan was at the time, but anyway, he had a conversation with this journalist.
- 6:09He thought it was off the record.
- 6:11He threw tons of shade on Steve Bannon and Ryan's Prebus and that obviously was not a
- 6:17disciplined thing to do as the communications director.
- 6:20So the incoming chief of staff, Kelly goes, Scaramucci's got to go.
- 6:24It's only 11 days into the gig.
- 6:25Trump goes, okay, out the door.
- 6:28As one of his first acts after being sworn in as chief of staff, Kelly reportedly invited
- 6:32Scaramucci to his office and told him he was going to be let go.
- 6:35An official White House statement indicated that Scaramucci will be leaving his post to
- 6:39give chief of staff John Kelly a clean slate and the ability to build his own team.
- 6:45Scaramucci's tenure of 11 days is tied for the shortest in history for that position.
- 6:52The other person being Jack Kohler who in the Reagan administration lasted the same number
- 6:56of days.
- 6:57Leading some commentators to compare similarly short political position ten years in units
- 7:03of Scaramucci's, how many Scaramucci's did they last?
- 7:06It's a bit like, was it Liz Truss, the British PM, the English, the UK PM who was, she was
- 7:12around for so long they were measuring her tenure in the life of a lettuce, a lettuce
- 7:17last longer than Liz.
- 7:20So that was the mooch and I want you to listen to the very first and only press briefing
- 7:27that he ever gave in the White House press room.
- 7:31Imagine that podium with the insignia of the White House behind it and the American flag
- 7:38and so on.
- 7:40So this is less than six months since the Trump administration.
- 7:43Do you remember those early days?
- 7:45Do you remember the airports clogged with protesters and Muslims trying to get into the
- 7:51country and lawyers trying to stop the Trump administration's so-called Muslim ban or
- 7:57you know, a haphazard ban on people traveling from, excuse me particular Muslim majority
- 8:03countries.
- 8:04Do you remember like the rallies, the the women's march, everything that was going
- 8:08on, it was absolutely, if you didn't live through that when you were politically aware,
- 8:14it was unlike any administration in living memory.
- 8:18It was chaos and in walks the mooch and this is his first exchange.
- 8:25I think there's been at times a disconnect between the way we see the president and how
- 8:30much we love the president and the way some of you perhaps see the president.
- 8:34I certainly see the American people probably see the president the way I do, but we want
- 8:38to get that message out there and to use a Wall Street expression, there might be an
- 8:43arbitrage spread between how well we are doing and how well some of you guys think we're
- 8:47doing and we're going to work hard to close that spread.
- 8:49That's what I'm done.
- 8:50I'll take the question.
- 8:51The question is, if many people like him, it will be what's going to be there.
- 8:54Two questions for you.
- 8:55Number one, what we have seen in his administration so far is the president being his own messenger
- 9:00very frequently and that has caused you to know some struggles for the communication staff.
- 9:04How do you expect to get this White House back on track?
- 9:07Well, I'm going to take a slight issue with the question because actually the White House
- 9:10is on track and we're actually I think doing a really good job, well, I actually do think
- 9:15we're a missing perspective because we have a whole list of things and I didn't want
- 9:18to come out here with our list of accomplishments and start a whole advertisement infomercial
- 9:22right now.
- 9:23I really just wanted to talk about personnel movement and how we're thinking about things,
- 9:27but I think we're doing an amazing job.
- 9:30The president himself is always going to be the president.
- 9:33I was in the office with him earlier today and we were talking about letting him be
- 9:37himself, letting him express his full identity.
- 9:39I think he's got some of the best political instincts in the world and perhaps in history.
- 9:43If you think about it, he started his political ascent two and two years and two months
- 9:49ago and he's done a phenomenal job for the American people.
- 9:52So that's the big fan of the press for at least 11 more days, no 10 more days after
- 9:58that.
- 9:59As I say, we begin by talking about crypto because most of his life, Skyrimucci worked at
- 10:04Goldman Sachs, he was an investment bank, he worked in equities and private wealth management.
- 10:10He founded several capital management companies and most recently was in bed with Sam
- 10:15Beckman-Freed.
- 10:16They're now disgraced crypto king slash perhaps the led command who knows Sam owns 30% still,
- 10:25I guess, of Skyrimucci's company.
- 10:27Please enjoy the one and only.
- 10:29Anthony Skyrimucci.
- 10:40I mean, let's just stop with where you are now.
- 10:42What's going to happen to Sam Beckman-Freed's stake in your company?
- 10:46That's a really good question.
- 10:49I can only give you what I would like to have happen because I obviously don't know
- 10:52what will happen.
- 10:54But let me give you like a little bit of backdrop and a little bit of color.
- 11:02We sold 30% of the company to Sam through something called Island Bay Holdings.
- 11:08They purchased it for 45 million US dollars.
- 11:12There was no preferred interest.
- 11:14It was common equity in the contract, Josh.
- 11:19It said that he could purchase the remaining shares, actually, to be perfectly precise,
- 11:25he could purchase up to 85% of it.
- 11:27I was going to keep 15 for 250 million.
- 11:32He had three years in which to exercise that option.
- 11:36The long and short of it is he had no control of the company.
- 11:40He had no preferred equity.
- 11:42It's not really valuable to anybody to purchase it other than us.
- 11:47I'm interested in purchasing it.
- 11:50He fraudulently induced us to enter into that contract, obviously, because his reps and
- 11:56warranties of who he was and what he was were not accurate.
- 12:01That's called fraud and the inducement in the United States.
- 12:04I would like to buy that back for a fraction of what I sold it to him for.
- 12:09Can the court compel him to do that?
- 12:14What happens is, in the bankruptcy estate, the trustees have this as an asset of the
- 12:22estate.
- 12:23Now, they can put it up for sale.
- 12:26Let's say they put it up for auction as an example.
- 12:29Be very hard for somebody to bid on it, because number one, I have blocking rights on
- 12:32it.
- 12:33It's a minority stake, but you can't buy it without my express approval.
- 12:39Even if you did buy it, it has no economic interest.
- 12:41You're just a minority shareholder of Skybridge.
- 12:44You're not going to get paid out, no profits or anything like that.
- 12:47We'll have to see what happens, but my guess is a year or two from now, they'll come to
- 12:53me and they'll give me the opportunity to buy it at a discount, because I'll waive
- 12:58my claim against the estate and my lawsuit against them for fraud.
- 13:05They'll make the claim while they have no assets, they're in bankruptcy, and so my fraud
- 13:08claim is species.
- 13:11My guess is a lot of Sam Asset are actually bubbling up right now, as we speak, including
- 13:19his Bitcoin stakes and other positions, so it'll be interesting to see what happens over
- 13:23the next two or three years.
- 13:24If you're a bull on crypto, I think the creditors of sandbagging free may do better than
- 13:30people expect.
- 13:31Right.
- 13:32Is that good or bad for you, though, because if they have something to share, then does
- 13:37that work in favor or against your ability to claw back your 30%.
- 13:40Well, I think it works in favor.
- 13:43I think that they're looking to get out of this thing as cleanly as possible.
- 13:46They know that they had a fraudulent situation going on with me, and so they know that
- 13:52I've got an issue with them, and so I do think that, but I don't have to transact.
- 13:59I don't have to buy it back from them.
- 14:01They can try to sell it to somebody else.
- 14:03I can block it.
- 14:05I can leave it exactly the way it is right now.
- 14:07I can go on and grow my business irrespective of the relationship with sandbagging.
- 14:13I can also fork the business and start new businesses in a different entity if I had
- 14:18to.
- 14:19So, listen, we'll see.
- 14:21I've been in bad situations before.
- 14:24This isn't the worst situation I've been in.
- 14:26How about working for Donald Trump?
- 14:28That was a pretty bad situation.
- 14:29I want to talk about that, but just before we go, I'm tougher than I look, you know what
- 14:34I mean?
- 14:35I think people generally have an impression of you as being a tough guy, Anthony.
- 14:41Has some of the cloud around Sam rubbed off on you?
- 14:43I mean, has some of the shit kind of got stuck to your show as well?
- 14:46Yeah, I think so.
- 14:49I think it hurt me.
- 14:50No question.
- 14:51I've gotten a series of negative articles written about me and my association with him.
- 14:58I think some people have a tendency to revise history.
- 15:01I'll remind you and your podcast listeners that he was a darling of Wall Street.
- 15:07He was a darling of the political class in Washington.
- 15:10He was well received by everybody, including Gary Gensler.
- 15:14His mom was very close friends with Elizabeth Warren.
- 15:18He was perceived as a white knight prior to his downfall and the debacle that ensued.
- 15:26And so we have a tendency to revise history.
- 15:28Yeah.
- 15:30I think there is a difference, isn't there, Anthony, between being friendly with someone
- 15:33and sort of drinking the cool aid and proactively going into a 30% deal where they buy a portion
- 15:39of your company.
- 15:40And then you go traipsing around internationally on trips with them, raising funds alongside
- 15:45them.
- 15:46That's just worse optics.
- 15:49Is it though?
- 15:50I mean, isn't it worse for the people that gave it?
- 15:52He gave me the money, you know, I received the money from him.
- 15:56You don't think it's worse optics for a venture capitalist that did due diligence on him,
- 16:01gave him several hundred million dollars of their money and then had to immediately
- 16:05write it off to zero.
- 16:06I'm almost like that person is more incompetent because they ended up losing their shirt
- 16:10and you didn't.
- 16:11But in terms of going around trying to raise money from other people, I think that's
- 16:16what I mean is bad optics.
- 16:17It looks bad to be standing too.
- 16:19But I mean, you know, I'm obviously living under a blessed star because the trip that
- 16:26you're talking about, the one that I made with them to the Middle East exposed it.
- 16:31And so none of those people that we talked to had made any investments with them and
- 16:36in fact, if anything, most of those people where I have multiple decade relationships with
- 16:40those people are actually helping me at this moment, you know, their friends of mine and
- 16:45they recognize that, you know, people can be misled and there can be things that, you
- 16:51know, happen to people in life that are serpitious.
- 16:55I certainly didn't do anything serpitious.
- 16:57I've lived a life of high integrity and I think what I would tell your podcast listeners,
- 17:03if you have integrity, you will always have opportunity.
- 17:06And so I can't tell you the number of things that have been shown to me over the last six
- 17:12months since the Sam debacle.
- 17:15And Skybridge will go on and will be a different and in some way stronger place as a result
- 17:21of what happened.
- 17:22But yeah, listen, that was a bad situation.
- 17:25I don't, I don't sure to go with things, Josh, I tell people straight up, bad situation,
- 17:29hurt me reputationally, certainly for people that do not know me or, you know, I get a lot
- 17:35of haters because I'm a non-conformist and that typically engenders a lot of hate.
- 17:41You know what tall poppy syndrome is, right?
- 17:42You remember that, Josh?
- 17:43Absolutely.
- 17:44Well, that's much better in time.
- 17:45Yeah, exactly.
- 17:46So, you know, I, I know what tall poppy syndrome is, the Italian is called the Melocchio.
- 17:51And I'm a big boy.
- 17:52I know how to take a punch.
- 17:54I also know how to give a punch and, you know, listen, I own my mistakes.
- 17:59I'm very open with people about what happened.
- 18:02I certainly wish I could go back and not have constructed that deal with him.
- 18:06I was speaking at the Australian Davos conference over the weekend.
- 18:09It was two o'clock in the morning here in the U.S., and I'm sorry about the location
- 18:15of my continent.
- 18:16It's deeply inconvenient for me as well.
- 18:19It's all good, but, you know, I'm down there speaking and this woman was basically on
- 18:23the stage.
- 18:24I was coming in on Zoom and she was trying to explain to me how incompetent and stupid
- 18:28I am.
- 18:29And I very politely said to her, okay, maybe you could have said no to the $45 million
- 18:36that you're looking at his audit and going into his data room and having your auditors
- 18:41confer with his auditors about his audited financials.
- 18:44And maybe you would have said no to the $45 million, but I didn't.
- 18:51And so, you know, but I'd like to see what you would really say if you were there in
- 18:59the moment where someone's offering you $45 million with $45 million.
- 19:01Well, I mean, people are always going to, you know, I think you're an easy target.
- 19:05You've always been an easy target just because you're a contrarian person who doesn't know
- 19:10any particular line.
- 19:11And so, whether it's politically or economically, people are going to take pot shots at you
- 19:14because, you know, you don't play their game.
- 19:16Yeah.
- 19:17That's all good.
- 19:18I don't want to talk politics.
- 19:19I don't know.
- 19:20We're limited on time.
- 19:21Take me back to, here's a piece from the Washington Post, July 21st, 2017, actually, here
- 19:31it is May 9th, 2016, that it made, that makes more sense.
- 19:35Anthony Saramucci, a high profile New York investor and a leading fundraiser on several
- 19:39past Republican presidential campaigns, said Monday that he has signed on to join Donald
- 19:44Trump's NACE International Finance Committee, Saramucci becomes one of the first traditional
- 19:49Republican bundlers to join the Trump campaign and commit to raising money for the party's
- 19:53presumptive nominee who's struggling to unite the fractured party for the general election.
- 19:58This is before the general election, obviously, this is May of that year when a lot of people
- 20:02didn't think the Republicans could win, well, certainly didn't think that Trump could win
- 20:05that election.
- 20:06What were you doing?
- 20:07What were you angling for?
- 20:08What's that play?
- 20:09Well, I mean, I think you need more of the backstory, you know, I grew up in a blue collar
- 20:15neighborhood.
- 20:16My dad was a crane operator.
- 20:17He was an hourly worker and a union.
- 20:20And so when I got out of Harvard Law School and joined Goldman Sachs, I didn't have the
- 20:23connections that some of my contemporaries had.
- 20:27And you know, I never hit a golf ball, never swung a tennis racket.
- 20:31And I had to come up with a way to meet people.
- 20:33I was in the high net worth area at Goldman, the brokerage business, they gave me a desk
- 20:38in a telephone and they said, go out and find wealthy people and have them open accounts
- 20:42with Goldman.
- 20:43But I didn't know any wealthy people.
- 20:44So my one entree into that, Josh, was politics.
- 20:48And so I wrote my first check in 1989.
- 20:52I was 25 years old to Rudolph Giuliani.
- 20:55He was running for mayor of New York.
- 20:56He lost that election.
- 20:58And that was actually pretty good news for me because him losing that election enabled
- 21:02me to spend some time with him, quality time.
- 21:05And when he geared up for the 93 election, I was a big fundraiser for him, at least at
- 21:09my age.
- 21:10And then he introduced me to Governor Prataki and then I met George W. Bush and then
- 21:15I met Mitt Romney.
- 21:16And so I was with Jeff Bush's campaign when Bush dropped out, Trump called to recruit
- 21:22me.
- 21:23I had known Mr. Trump through the New York charity circuit.
- 21:27I had attended a few Yankee games with him.
- 21:29I sat at the same table as him at some charities together.
- 21:34We'd both worked at NBC.
- 21:36I was at CNBC.
- 21:37He was working at the apprentice at the time.
- 21:40So we had a very good rapport.
- 21:43I met him at Trump Tower, the future ambassador to New Zealand, Scott Brown, who's a tough
- 21:49classmate of mine, was in the meeting with me.
- 21:53And we talked to Mr. Trump about working for him.
- 21:57And I made a decision rightly or wrongly to stay loyal to the Republican party and to
- 22:03work for Mr. Trump.
- 22:05There were only two choices in that campaign.
- 22:07I've been a lifelong Republican.
- 22:09And so I went to work for Mr. Trump.
- 22:11Because there are also two reports that you were an Obama supporter in Obama's first
- 22:15term and that you were a Democrat up until basically the financial crisis.
- 22:19So basically what happens to you when you go into politics, you get a tremendous amount
- 22:23of misinformation that is bled into the system and fed to people, some of that stuff actually
- 22:30came from opposition research from my fellow Republicans that didn't like me or felt somewhat
- 22:36threatened by me, particularly my direct relationship with Donald Trump.
- 22:39Remember, I built my own business, have my own money, I'm financially independent.
- 22:45And so I talked to Trump very candidly.
- 22:47I didn't kiss his ass like some of these political operatives did.
- 22:51And some of those guys, it's a very vicious sport, Josh.
- 22:56Some of those guys were trying to come up with opposition research and different negative
- 23:00angles on me.
- 23:02Never was a Democrat.
- 23:03I registered as a Republican in 1982, that was my 18th year of life, registered for the
- 23:09draft and for the Republican party, been a lifelong Republican, that's 41 years as a Republican.
- 23:15In 2008, when I was less involved in the national political scene, a former acquaintance
- 23:21of mine that I had gone to law school with, Barack Obama was running for the United States
- 23:29presidency.
- 23:30Two of my friends that were close to him asked me to support him.
- 23:34I knew him, liked him enough, was agnostic to national politics.
- 23:41I was more focused on New York state politics.
- 23:43I raised him some money, gave him some money.
- 23:46I didn't love his policies, which is why in a weird way, he, the decision to get Barack
- 23:52Obama money, thrusted me into the national political fundraising arena.
- 23:56I went to go work for Governor Romney in 2012, and then as I said, Jeb Bush in 2016 before
- 24:03working for Trump, but you, you're asking very good questions, so I want to answer, but
- 24:07provide some guidance.
- 24:08I mean, there's no, yeah, there's no harm in having supported Obama and then supporting
- 24:12Romney and then, and then, and then feeling like your allegiances with the Republican party.
- 24:17When you, so when you say that you had just kind of a rapport with Trump, prior to politics,
- 24:21just from social circles in New York, what did you make of the guy during the apprentice
- 24:24years when you were hanging out at, I don't know, bull games?
- 24:27So he's a, he is a very charming guy, very charming guy, and he, he can be a credibly
- 24:34charming and ingratiating what he wants to be.
- 24:38And I had a good relationship with him, you know, I had a rapport with him.
- 24:45One of his family members said to me that he said to them that I reminded him of Fred
- 24:51Trump, meaning I started with nothing and built myself up from something, and so he
- 24:55had a respect for that.
- 24:57And so we had a good rapport.
- 24:58I had a very direct, you know, have his cell phone number, called him regularly.
- 25:06He asked me for advice on different things.
- 25:08I told him the truth.
- 25:09I didn't guess his ass.
- 25:10I thought he was going in a direction that didn't make sense.
- 25:13I tried to explain to him why I thought that.
- 25:16I guess the only thing that was a little weird about him and remains weird about him is
- 25:20the insecurities.
- 25:21You know, he's a morocally insecure guy, you know, I have my own podcast called Open Book
- 25:26where we interview people like Andrew Cuomo, Chris Cuomo, Kevin O'Leary, you know, you
- 25:32know, fun people like Barbara Eden who was I, I dream a genie, and you get to know these
- 25:36people a little bit.
- 25:37They don't have Trump's insecurities.
- 25:38I've never met somebody as successful as Donald Trump, obviously ascended to the American
- 25:44presidency that is literally as insecure as he is.
- 25:48He also probably has a reading disability.
- 25:50He's not a good reader.
- 25:53He's not well read.
- 25:54And so when you are talking to him about things, if he feels he's outside of his realm,
- 25:59he starts to bully you.
- 26:00And so I was in situations on the Trump plane.
- 26:04Somebody was trying to explain to him what the psych's picot treaty was, the treaty that
- 26:08the French and the UK government cut on the evacuation of Palestine and the Middle East
- 26:15in general.
- 26:16Because Trump wasn't aware of it.
- 26:18He started bullying the intellectual that was explaining it to him.
- 26:21And I stopped the conversation and said, Hey, Mr. Trump, do you remember Lawrence of
- 26:26Arabia when Peter O'2 played Lawrence in the movie?
- 26:30Oh, yeah, that was a great movie.
- 26:32I remember what the movie was about.
- 26:34And then I was able to explain to him what the psych's picot treaty was without him.
- 26:38How did you feel?
- 26:39It was Christ.
- 26:40It's like Teo dealing with a toddler.
- 26:42It's like to remember that book we read it.
- 26:45You can't tell him, you can't tell him things directly.
- 26:48I was in, it's not important to know the name, but I was in the Oval Office with a member
- 26:55of his team who was trying to explain the difference between a Shia Muslim and a Sunni Muslim.
- 27:01And he didn't want to hear it, and he didn't want them to know that he didn't know it.
- 27:07And so this morose insecurity and this bullying aspect of his personality made him a very
- 27:12bad manager is very poor executive management skills.
- 27:17And you know, I'll say something about him that people close to him really get.
- 27:21He does not like people, Josh, doesn't like them, okay?
- 27:25Barack Obama, he's a little aloof, but generally likes people.
- 27:29Bill Clinton loves people, George W. Bush loves people.
- 27:34Ronald Reagan obviously loved people.
- 27:37This man did not like people.
- 27:39It's evident by the way he treats people.
- 27:40He's asymmetrically loyal to people.
- 27:43And I will say this to you, anybody that was independent, had their own business, had their
- 27:48own money, had their own career like a general spoke out against his nonsense.
- 27:54It was only the people that were beholden to him who had economic relationship with him or had a
- 28:02sorry for those sirens and you want to what city are you in?
- 28:05Are you in Bairou or you know, I'm in New York City.
- 28:08So you're going to hear a little bit of that in the background, sorry for that.
- 28:11But anybody that had a relationship with him that was independent spoke honestly about him
- 28:17and said that he would be a threat to the American democracy, and he would be a threat in
- 28:21his second term.
- 28:22I'm a lifelong Republican, but I'm a patriot first.
- 28:25I'm a partisan second, and there was no way that I could back Mr. Trump's second term.
- 28:31And by the way, when he started attacking me, it was sort of foolish of him because I was actually
- 28:36defending him on the Bill Marshall.
- 28:38One question was asked to me about the four congresswoman that he was berating.
- 28:43On Twitter, I said, geez, I wish the president wouldn't speak like that.
- 28:47That's American nativism.
- 28:48They used to say that to my Italian grandmother to go back to the country she originally came from.
- 28:53That's American nativism.
- 28:54It's not something that the American president should be speaking.
- 28:59Bill Maure turned to me and said, well, he's going to light you up tomorrow on Twitter.
- 29:03I said, Bill, there's no way.
- 29:04I just spent my whole night defending him.
- 29:07He said, nah, you went seven for eight for Trump.
- 29:09You got to go 13 for 10, which is mathematically impossible, Josh.
- 29:13And so you got to do that.
- 29:16And since you didn't do that, he's going to light you up tomorrow on Twitter.
- 29:19I bet him dinner.
- 29:20I lost the bet.
- 29:21He was lighting me up on Twitter, but Josh, I'm a New Yorker.
- 29:24And this is when you hold what position and what stage is this?
- 29:28I'm fired.
- 29:30I'm fired.
- 29:31I've been fired from the White House.
- 29:33I'm loyal to him on television.
- 29:34I'm on television pundit, supporting him, defending him on a lot of different networks.
- 29:41I'm two years in his defense, fired on the 31st of July.
- 29:45It's August 8th of 2019.
- 29:48I'm two years in his defense.
- 29:49I said one thing on the Bill Maure show that he didn't like
- 29:53after saying seven things that I think he would have liked.
- 29:57And so he started viciously attacking me on Twitter.
- 30:00Well, I'm a New Yorker.
- 30:01You know, I'm not Ted Cruz or one of these crybabies, right?
- 30:04So I think I responded by calling him the
- 30:07fattest president since William Howard Taft,
- 30:09just because I know he hates being so fat.
- 30:11And you know, he didn't like that.
- 30:13So he fired back at me.
- 30:14And I said, wow, you must be getting really old
- 30:16because these troll responses are slow and somewhat dim would it.
- 30:22You know, because I know he hates being old.
- 30:24And then he went after my wife.
- 30:25I mean, who the hell does that?
- 30:26So once he went after my wife, I unloaded on him.
- 30:29I said, well, I was on that show with Stormy Daniels.
- 30:32And my nickname for you is tiny.
- 30:34After talking to Stormy, my nickname for you is tiny Trump.
- 30:38Okay, because we know that's got to be the reason for all that
- 30:42overmasculinity and high heels.
- 30:45He's got two and a half inch heels in his shoe.
- 30:48And he's got the red orange war paint on his head
- 30:52and the different spray tans and so forth.
- 30:55This is a guy that's overcompensating for a lot of different things.
- 30:59And then the fight really started.
- 31:00But I'm of New Yorker.
- 31:02So if you're going to fight with me,
- 31:03first of all, I don't like throwing the first punch.
- 31:05But if you're going to fight with me,
- 31:07I'm ready to go.
- 31:08No problem.
- 31:08And so I stayed on it until he lost that election.
- 31:12And as I like to point out to him and his friends,
- 31:14obviously, you couldn't win the election without my support.
- 31:17Which is sarcastic, of course.
- 31:18But it's just it's just a way of fucking with him a little bit.
- 31:21Well, I mean, I'm glad that I'm glad that we're elevating
- 31:23the discourse in America at the knee.
- 31:25This is important.
- 31:26These are important issues.
- 31:27Let it go.
- 31:28You can go.
- 31:29I can go high or low.
- 31:30We can talk about the sides.
- 31:31Peekos 3D.
- 31:32We can talk about our.
- 31:34But what's interesting to me is like you say a nuclear triad is,
- 31:38you know, I'm not.
- 31:39I'm not.
- 31:40But I can also I can also slap somebody around when they're slapping me.
- 31:43You know, but when you when you say like he goes after your wife,
- 31:46like, who does that?
- 31:47The answer to the question, who does that?
- 31:48Is Donald Trump obviously does that?
- 31:51And was well known to do things like that.
- 31:54And that's why he's about his character.
- 31:56Among all we are doing on in his administration in the first place.
- 32:00So one of my deeper regrets, and again,
- 32:04I'm a person that's willing to own my mistakes in life.
- 32:06One of my deeper regrets is that I let my pride and ego
- 32:10get the best of me, Josh.
- 32:11I grew up in a blue collar family, built two successful businesses.
- 32:15I got the offer to work in the White House for the American president.
- 32:19And I mean, it's not shaming this.
- 32:20I don't want to make it sound like I'm sort of trying to throw you under the bus here.
- 32:24But I am interested in what was going to be.
- 32:26I don't think there's any shame.
- 32:27I think there's a cautionary tale for people.
- 32:29I have a buddy of mine who was offered a very senior job.
- 32:33He met with Trump twice and he said, this is not for me.
- 32:37And I'm not going to take the job.
- 32:39And I looked at him incredulously and said, why are you not going to take the job?
- 32:43He said, because I won't be able to handle Trump.
- 32:45We'll get into a fight and Trump will end up firing me.
- 32:49And I won't be able to live with myself for that embarrassment.
- 32:52So I'm not going to take the job.
- 32:55I foolishly hit the override switch on all of that rational thinking.
- 33:00I said, I don't know, I'm going to take the job.
- 33:01I'm going to get a chance to work for the American president.
- 33:04Just back up a little bit, Anthony, before you get a job off of him,
- 33:07Trump, because I'm interested in your transition from financier to political actor.
- 33:13Like you, you mentioned that you were working for Jeff Bush in 2016.
- 33:17Before that, you were all volunteer work, all fundraising, fundraising volunteer.
- 33:23But you were a super rich, super successful guy,
- 33:28well-known and financial.
- 33:29I mean, you'd achieved everything that you could want to achieve in business.
- 33:34You know, you say you've been a lifelong Republican,
- 33:36but you hadn't been active in trying to seek political office or anything.
- 33:39You had a wrong office, but now you're on the Walker campaign.
- 33:43Then that tanks, you go to the Bush campaign, the Jeb Bush campaign,
- 33:46that tanks, you end up on the Trump campaign.
- 33:49What was the play here?
- 33:50Like you'd already been wildly successful in business.
- 33:52Did you say a future like, did you want to be treasury secretary?
- 33:55No, no, no, I didn't want to be treasury secretary.
- 33:58I could have potentially had the opportunity to become our secretary.
- 34:01I didn't think I was well suited for that.
- 34:04My mistakes are mistakes of ego and pride.
- 34:08I had no interest in working for the White House.
- 34:11Trump won on November the 8th, on Wednesday November the 9th.
- 34:14He said to me, I want you to come down and watch and work with me.
- 34:17I said, no, I'm hosting Wall Street Week.
- 34:20I have a nice business.
- 34:21It's very flattering, but I have no interest.
- 34:22Then on that Friday, unbeknownst to me, he announced his 16 person executive transition team.
- 34:29I was on it.
- 34:31I then called him.
- 34:31I said, what the hell are you doing?
- 34:33And he said, aha, aha, I'm the president elect.
- 34:35And you know, I'm your president now.
- 34:37You got to help me.
- 34:39And so I joined that transition team.
- 34:41I worked with Steve Manuchin to help staff the treasury,
- 34:44among other things that we did together.
- 34:46And you know, and then Trump offered me the job of being the White House liaison.
- 34:52Mr. Prebus, who was his chief of staff, did not like me.
- 34:56Now I'm a little bit of a...
- 34:58I don't want to read how...
- 34:59Honestly, it was so chaotic those days.
- 35:02And so chaotic even just to witness that I can't imagine the twos and froze between
- 35:08Prebus and Trump and you.
- 35:09Anyway, that job was snatched away from you.
- 35:11The job was snatched away from me.
- 35:13So then I called Trump and said, this guy's an asshole.
- 35:16And when you're ready to get rid of him, hire me.
- 35:18I'll take care of it for you.
- 35:19And that was a big mistake.
- 35:20I shouldn't have done that.
- 35:21Do you remember the first press conference when you appointed press secretary?
- 35:27Oh, very well.
- 35:27Yeah, that was a fun day for me.
- 35:30I obviously, you know, according to the White House,
- 35:34again, I don't know if this is true or not.
- 35:3540 million people globally tuned in to watch that.
- 35:38So, you know, and again, I can speak extemporaneously.
- 35:43And I took the questions from the press to the best of my capability.
- 35:47This probably would be lost on most people.
- 35:49But the first question, I, you know, I pointed to CNN.
- 35:54Because CNN had napping called on for three months by Sean Spicer.
- 35:58He was quote unquote mad at them and he was punishing them.
- 36:01And I was trying to restart the relationship between the White House
- 36:05and the press, but that probably also got me in trouble as well.
- 36:09Because I saw the press differently than Mr. Trump.
- 36:11We're in a free society.
- 36:12I believe in the free press and the press's job is to hold people
- 36:17in office accountable at a result of which, you know,
- 36:21you have to have a relationship with them whether you like it or not.
- 36:23How did you feel about us out of the night lives in personation of Sean Spicer?
- 36:29Well, I thought he was a, you know, we allowed a curse on this podcast.
- 36:32They're probably not right.
- 36:33I thought Sean was one of the big dicks of all time.
- 36:36And my nickname for him was liar spice.
- 36:40You know, every spice girl's got a nickname.
- 36:41So his was liar spice.
- 36:44I never met a bigger liar than him, you know, different from previous.
- 36:47Previous is more like a Richie Cunningham from Happy Days.
- 36:51He tried to pretend he was from Wisconsin, but he was like a mob boss.
- 36:54He was a different guy.
- 36:56But Spicer, when they were making fun of him, I enjoyed it.
- 36:59Because I thought he was a complete asshole.
- 37:01And the only thing that I regret is I didn't get a chance to fire Spicer
- 37:06before he quit.
- 37:07The minute that Trump hired me, he said, holy shit, I quit.
- 37:11Because he didn't, he didn't have to do it anyway.
- 37:15One less person I needed to fire, but he was a complete asshole.
- 37:19What how shell shocked will you?
- 37:21Well, how unsurprised will you when 11 days later you are up to?
- 37:25I, I, when I talked to that reporter,
- 37:29and this is somebody I just, again, part of the backstory,
- 37:32knew the family for 50 years.
- 37:34My father had worked with his dad in the construction industry on Long Island.
- 37:39He knew me. I knew him.
- 37:41I talked to him off the cuff.
- 37:42That is my mistake.
- 37:43I own that.
- 37:44Don't blame anybody by myself.
- 37:46When he told me he was running to CNN with the recording of our conversation,
- 37:52I said, okay, well, that's going to get me fired.
- 37:55And so that'll end my tenure.
- 37:57It'll obviously end my relationship with you and your family.
- 37:59If that's what you want to do, it's very transactional of you to do that.
- 38:03And he said, oh, no, I'm definitely doing that.
- 38:05And the next day he did that, Trump liked it.
- 38:09And you probably not surprised by that.
- 38:11You know, what I said about Bannon, and look at what Bannon is today,
- 38:14six years later, Trump liked it.
- 38:16But John Kelly felt that he needed to assert himself.
- 38:19He needed more order in the White House when he was named Chief of Staff.
- 38:23His first official act was to fire me.
- 38:25And I accepted it graciously.
- 38:27I shook his hand and I said, John, I hope we'll have the opportunity to be friends after this.
- 38:32And John and I are friends.
- 38:34He's come to my conferences.
- 38:36I'm about to go to the Leatherneck fundraiser with John and Karen Kelly.
- 38:41I didn't take it personally.
- 38:42I think John had the right to pick the people that was going to work with him.
- 38:47The irony there was I probably could have helped him with Trump.
- 38:50He had a miserable 18 months, which is well documented.
- 38:53But that's life.
- 38:54Life goes on.
- 38:55I'm a big boy.
- 38:56You don't go into politics.
- 38:57It expect roses and wine.
- 39:00You expect to get your ass kicked a little bit.
- 39:02I got my ass kicked and I moved on.
- 39:04Yes, the Saturday live, I liked it.
- 39:08I didn't mind them making fun of me.
- 39:11And I certainly loved when they were making fun of Spicer.
- 39:13Anthony, we only got 10 minutes left.
- 39:15So I want to do a rapid fire around it.
- 39:17You mentioned integrity, that being fundamental to you.
- 39:22Let's talk about people with integrity.
- 39:23Does Biden have integrity?
- 39:28Yeah, I mean, look, there's different strains of integrity.
- 39:31He's a politician.
- 39:32But yes, I do think he's by and large a good person.
- 39:35I've known him for 30 years.
- 39:37And I think the problem for President Biden is he's probably only has
- 39:42five good hours a day, Josh.
- 39:44He's 80 years old.
- 39:46And so I think things are slipping between the lipping cup
- 39:50after that in terms of concentration.
- 39:52But yes, by and large, I think he has integrity.
- 39:54Does the Santos have integrity?
- 40:00He's a bully.
- 40:01I'm not a big fan to be honest.
- 40:03I would say I don't know him personally to really evaluate the integrity piece.
- 40:09But when you're flying people, human beings around the country and sending them up the
- 40:14Martha's vineyard for political purposes, not a fan of that.
- 40:17That could have been my grandmother.
- 40:18I don't like that.
- 40:19So I think he's a bully.
- 40:21Who would be your preferred Republican nominee?
- 40:26Well, you know, we have to see who emerges.
- 40:29You know, it may not even be the people that they're talking about right now.
- 40:32But if you take part of the world and you could wave a message.
- 40:34Well, I would take Pompeo over to the Sanctus.
- 40:37He's a way smarter guy.
- 40:39He's more well-versed CIA director, etc.
- 40:42He, you know, he's very smart guy.
- 40:44No, I'm a long time.
- 40:45I would take Nikki Governor Haley over him.
- 40:49She's a little bit more political than Pompeo.
- 40:52I think that's a little bit of a dangerous thing with your president.
- 40:55You have to be very principled.
- 40:57I would take Chris Christie over to them.
- 40:59You know, I think Chris Christie is a very talented guy.
- 41:02And he's probably the right guy for our time.
- 41:05I think his weight is a factor in these things.
- 41:07It probably doesn't have the best look on TV.
- 41:11And I think that hurts him.
- 41:11You remember, these are popularity contests with the American people.
- 41:14It's not a hiring decision.
- 41:16But no, I think Ron is a little bit of a bully.
- 41:19And I think you got to have somebody in that job that's tough but fair.
- 41:23But not a bully.
- 41:24Someone that actually likes people.
- 41:26Well, the United States be better in 50 years or worse than it is today.
- 41:30Way better.
- 41:33Because it's just this interesting country that goes through these ups and downs cycles.
- 41:38And there's just too much immigration.
- 41:40And there's too much renewal in the country.
- 41:44It's this vast experiment.
- 41:45It's what Lincoln said.
- 41:46It's the last best hope for mankind.
- 41:49And it'll be way better.
- 41:51Because despite the current political tribalism
- 41:54and all the different nonsense related to social media,
- 41:58this country has a tendency to dip and then renew itself.
- 42:02It dipped and renewed itself in the 1970s into the 80s.
- 42:05It did the same thing right after the Civil War.
- 42:08The Civil War was a catastrophe for the United States.
- 42:10I'll go what happened to the U.S.
- 42:12after the Civil War.
- 42:13The two war war.
- 42:14I mean, I was going to say, isn't the Civil War a counter example
- 42:17to the idea that the U.S.
- 42:18can always bring itself back together from the brink?
- 42:21Well, I mean, it did, didn't it?
- 42:23I mean, after a war.
- 42:25Yeah, the union held.
- 42:26The union held.
- 42:27And so, you know, I wouldn't be very reassured
- 42:32if in 50 years we were looking back and going,
- 42:34yeah, things out heaps better.
- 42:35Sure, we had to go through a massive Civil War
- 42:37in the middle of the 21st century.
- 42:38But I hope we don't have to do that.
- 42:42But, you know, the country, you know,
- 42:45listen, you know, I'm sure the people
- 42:46that live through the atrocity of that war
- 42:48don't feel this way.
- 42:49But a historian reflecting back on the country,
- 42:52the stain of slavery and the original documents
- 42:55and the ensuing war and the right to secede by the South,
- 42:59which was revoked by white versus Texas
- 43:02in 1869, there was a lot that led up to that war.
- 43:07But keeping the union and keeping this continent
- 43:10as the one force, the imperialism of that, if you will,
- 43:14made it a very powerful country and made it a country
- 43:18where people like me who are from families of immigrants,
- 43:21you know, my family didn't come at a prison
- 43:25like some of the Australians,
- 43:26but we were coming out of some very poor places in Italy.
- 43:30And the Australians came off boats since the Second World War
- 43:34as well as penniless.
- 43:35No, I know they're like, I know I know they're all criminals,
- 43:38but I know they like to say that to people
- 43:40because they think that about the criminal.
- 43:41Exactly.
- 43:42We like, we wear it.
- 43:43We wear it as a badge of honor, Anthony.
- 43:45This idea of the world.
- 43:46I love the Aussies.
- 43:49I get along with them.
- 43:50They know how to give it and they know how to,
- 43:52they know also how to take it.
- 43:53Yeah, yeah.
- 43:54This is the world's reality between the Italian Americans
- 43:56and Aussies.
- 43:57No doubt about that.
- 43:58But my thing is, this is an amazing country.
- 44:01It'll be made better.
- 44:03We do need some sparky leadership,
- 44:05though, we need some transformative leadership.
- 44:08I'll submit to you something that you should think about.
- 44:10You're not an American,
- 44:11but the Americans have 27 amendments to their constitution.
- 44:16It's a 246 year old country.
- 44:19That's 27 amendments.
- 44:20That's one amendment every 8.7 years.
- 44:23Yet we have not had a real amendment
- 44:26to the Constitution since the 1965 Voting Rights Act.
- 44:30That is, that is criminal.
- 44:33The constitution was designed to be a living document
- 44:36to adapt with the times.
- 44:38We've allowed the politicians to make us very tribal.
- 44:41They do that through Jerry Mandering,
- 44:43the election campaign finance,
- 44:46this citizen united Supreme Court cases
- 44:49and atrocity for the United States.
- 44:51It's not only just an atrocity.
- 44:55I mean, the way the money is getting spent
- 44:56and how it's getting spent is just,
- 44:59to me, I think it will be eventually repealed
- 45:02the same way Plessy First is Ferguson
- 45:04was repealed by Brown versus the Board of Education.
- 45:07But these things have to happen.
- 45:09I predict that they will.
- 45:11And yes, and I do think the country will be made better.
- 45:13What's the, to the people who still support Donald Trump?
- 45:17Why are they supporting Donald Trump?
- 45:19They're pissed.
- 45:20They have disaffected from the American society.
- 45:23The, listen, I know those people.
- 45:26I grew up with those people.
- 45:27You know, when I was growing up,
- 45:29I was in an aspirational blue collar family.
- 45:32Those very same people feel economically desparational.
- 45:35If you ask those people if their children
- 45:37are going to do better than them,
- 45:38they invariably say no.
- 45:40And I think it's a big issue.
- 45:42And Donald Trump is an avatar of their anger.
- 45:45He represents them by sticking a finger
- 45:49in the eye of the political, business,
- 45:53media establishments of the country.
- 45:56And that's why he has a very strong hold.
- 45:58You didn't ask me this,
- 45:59but I predict he'll win the nomination.
- 46:01Because if you have seven or eight guys, Josh,
- 46:04going up against him,
- 46:05he has a 15 to 20% hold on the party.
- 46:09How is, how are they going to beat him?
- 46:11If you have the Santa's going up against him,
- 46:13you know, one-on-one, maybe he can beat him.
- 46:16But I don't think he can beat him with seven guys on the stage.
- 46:18Each one of those guys are good three to five percent.
- 46:21And Mr. Trump will get his 20% and win.
- 46:23Well, maybe they do what the Democrats did last time.
- 46:26And they all just agreed to drop out at some point.
- 46:28Exactly. That's exactly right.
- 46:29See, they did that so that Biden could be compared to Bernie Sanders
- 46:34Exactly.
- 46:34And the any beat him.
- 46:37I hope they have the,
- 46:39there he goes in the right place to do exactly that.
- 46:41Because if they don't do that, Trump will win.
- 46:43The last question, Anthony,
- 46:45if you could go back to 2016 and tell yourself something.
- 46:49Well, just tell yourself.
- 46:52Well, listen, it was a mistake to work for Mr. Trump,
- 46:55but I am grateful that I had the opportunity to work for him.
- 46:58So I probably wouldn't do it ever again.
- 47:00I would actually, despite all the pain it caused me,
- 47:03and it almost caused me to lose my marriage.
- 47:04I think my marriage is stronger today.
- 47:07I think he gave me a platform to speak out against him,
- 47:10which sometimes in life, that's what happens.
- 47:15But here's what I would say to you.
- 47:20Life happens to you.
- 47:21You have to react to life the way it happens to you.
- 47:24And I don't want to change anything about my life.
- 47:26I've been a very blessed person on planet Earth.
- 47:28I've had some setbacks.
- 47:30I'm a high profile person.
- 47:32So my setbacks get magnified more than my successes.
- 47:36But I got to tell you, I love where I am.
- 47:39And I'm grateful for all of the experiences.
- 47:41You know, I've read the presidential daily brief.
- 47:43I flown on Air Force One.
- 47:44I did a press conference from the White House press room.
- 47:49I don't know.
- 47:50Not too many people could say they'd done those things in life.
- 47:52It was a tough experience, but it's not one I would replace.
- 47:56Anthony, great to talk to you.
- 47:57Thanks for being on the show.
- 47:59Same here. I really enjoyed it, Joshua.
- 48:00You're a great interviewer, by the way.
- 48:02You're a little bit of a ballbuster.
- 48:05Remind me of the guy that does hard talk on BBC.
- 48:09Oh, yeah. Well, that's it.
- 48:10You know, Steve Hunt.
- 48:11Yeah, you're a little bit of, you're very well researched.
- 48:15And you're, I used to call that BBC break balls when I went on that show.
- 48:18Yeah, you're a little bit of a ballbuster like him.
- 48:21And it's enjoyable.
- 48:22So I don't totally get that.
- 48:23It's all in good nature.
- 48:24And I know that you're like, time to go.
- 48:25No, no, you're an Aussie.
- 48:27I appreciate it.
- 48:28That's right.
- 48:29Hopefully we'll get a beer together one next time.
- 48:30Exactly.
- 48:31Give me a call when you're in Sydney.
- 48:32Thanks.
- 48:33You got to watch.
- 48:39You