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The Octus Download

Octus
Bankruptcy
Kawhi Leonard
First Brands
Bankruptcy Law
Las Vegas
Saks Fifth Avenue
Private Equity
MTV
Ridiculousness
Venezuela
Citgo
Echostar
Starlink
Telecom
Brightline
Buy Now Pay Later
Argentina
Sonder
Uncle Nearest
Corporate Finance

The Octus Download delivers bold, unfiltered conversations that break down complex financial markets while connecting them to the world we actually live in. Hosted by Jason Sanjana & Kevin Eckhardt, this bi-weekly podcast cuts through the noise with insightful analysis, expert interviews, and just the right amount of personality. Each episode explores major trends in credit markets, dives deep int... more

PublishesTwice monthlyEpisodes36Founded2 years ago
Number of ListenersCategories
BusinessTechnology

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Latest Episodes

Jason Sanjana and Kevin Eckhardt open with a con artist who thirst trapped women out of $1.3 million by faking his way onto the San Francisco 49ers (02:46), a bit that nearly separated producer Tanya from ten grand. Then it is on to Brightline Florid... more

Jason Sanjana & Kevin Eckhardt  start with the latest twist in the  Kawhi Leonard investigation (03:17), digging into the reported endorsement deals, the NBA investigation into whether the Clippers used team sponsors to circumvent the salary cap, and... more

The mailbag is officially open. Jason Sanjana & Kevin Eckhardt hand the episode over to listeners for the first-ever Octus Download mailbag, starting with Bankruptcy 101: (02:40) Does filing for bankruptcy mean a company is actually going out of busi... more

Every retailer in America named Michael is either printing money or closing stores. Jason Sanjana and Kevin Eckhardt start with a tale of two Michaels (04:59). Michael Kors, the brand not the man, has quietly closed 139 stores in three years while sa... more

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Recent Guests

David Zupkas
Legal analyst at Octus, followed Clippers investigation
Octus
Episode: EP 36 | Brightline’s Debt Crisis, Syracuse Enrollment Slumps & the Clippers Report
Jessica Steinhagen
Head of Octus' Middle Market Coverage
Octus
Episode: EP 32 | Sleep Number Hits Snooze, A Camp Empire Files & The Devil Debt Collector
Michael Gatto
Adjunct professor at Columbia and Fordham; Partner at Silver Point Capital
Silver Point Capital; Columbia and Fordham
Episode: EP 31 | Michael Gatto on Distressed Debt, Caesars Goes Private & The Tom Clancy Debate
Kyle Owusu
Director of Credit Research at Octus
Octus
Episode: EP 31 | Michael Gatto on Distressed Debt, Caesars Goes Private & The Tom Clancy Debate
Neal Katyal
Former acting Solicitor General, Supreme Court litigator
U.S. Department of Justice (former); Supreme Court Bar
Episode: EP 30 | Meme Stock M&A, Del Monte’s Peaches & Supreme Court Fight Club
Jon Hamm
Actor featured in the episode intro as a cultural figure
Entertainment
Episode: EP 30 | Meme Stock M&A, Del Monte’s Peaches & Supreme Court Fight Club
Krishan Sutharshana
Senior Distressed Debt Analyst at Octus
Octus
Episode: EP 29 | Spirit's Final Flight, AMC Hangs On & The Parent Trap
Michael B. Kaplan
Bankruptcy Judge, US Bankruptcy Court for the District of New Jersey
US Bankruptcy Court
Episode: EP 22 | Judge Michael B. Kaplan, Vegas Squeeze & the First Brands Conspiracy
Josh Sussberg
Bankruptcy attorney and partner at Kirkland & Ellis.
Kirkland & Ellis
Episode: EP 21 | How Bankruptcy Really Works: Inside the System with Josh Sussberg

Hosts

Jason Sanjana
Host of The Octus Download
Kevin Eckhardt
Co-host of The Octus Download

Reviews

4.9 out of 5 stars from 63 ratings
  • Smiling

    I’m addicted. The flow is amazing. From real credit market situations to modern culture themes. The chemistry between Kevin and Jason is academia and sarcastic at the same time. It’s unique, full of learnings and entertaining. Perfect for a long commute.

    Apple Podcasts
    5
    GoodyGoodnow
    United Statesa year ago
  • The Best Parts of Bankruptcy

    Excellent and incredibly entertaining. Tackling complex issues with humor, lightheartedness, and without the boring white-shoe law firm overtones. Would love to see an increase in the frequency of shows.

    Apple Podcasts
    5
    mat.esq
    United Statesa year ago
  • Dynamic Duo

    Jason and Kevin are the Shaq and Kobe of financial intelligence…one might be a little out of shape, but the other is bringing the heat every episode. But who’s who? Their chemistry is off the charts, making even the trickiest credit market topics an easy listen. Insightful, sharp, and just the right amount of entertaining… for me at least. Finance doesn’t have to be boring.

    ….

    Apple Podcasts
    5
    Sportshubb
    United States2 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Flow is engaging and balances finance with culture.
Chemistry between hosts makes heavy topics feel accessible and dynamic.
Content is entertaining yet informative, tackling complex issues with humor.
Listeners appreciate the smart, unconventional take on credit markets.

Talking Points

Recent interactions between the hosts and their guests.

EP 36 | Brightline’s Debt Crisis, Syracuse Enrollment Slumps & the Clippers Report
Q: David, welcome back. Do you think this is the harshest punishment the NBA has handed down, and is it fair given all the facts?
David suggests the punishment is severe in public perception and notes it may reflect repeat-offender dynamics, arguing that the NBA needed to address systemic issues while acknowledging that the Clippers' conduct was particularly egregious in the context of tightened cap rules.
EP 34 | The First Mailbag, Bankruptcy of the Year & Hate Mail from a Federal Judge
Q: If a company says it eliminated billions of dollars of debt, who actually loses that money?
Typically the debt's par value is not what was actually at risk; many creditors bought in below par or held instruments that lost value before bankruptcy, so the 'loss' is often borne by those who bought at par or held the risky tranches, while others may exit with gains depending on timing and structure.
EP 29 | Spirit's Final Flight, AMC Hangs On & The Parent Trap
Q: Krishan, let's start simple. If you had to explain AMC to someone not in credit, what is actually going on with the company right now?
AMC is the world's largest movie theater operator facing structurally high fixed costs and insufficient recovery in domestic box office; despite equity raises and liability management efforts that moved and segmented assets, a meaningful positive free cash flow remains elusive as box office revenue has not returned to pre-pandemic levels, leaving debt maturities and refinancing as the core ongoing challenges.
EP 28 | BDC Trust Gap, Carl's Jr. Collapse & The Pitt
Q: What is actually breaking here in terms of income for BDCs, and why are dividends pressured by rate moves and spreads?
Dividends are tied to floating SOFR-based income; as base rates move and spreads compress due to more competition, the carried yields lag, squeezing net cash available for dividends and prompting more non-cash income adjustments.
EP 28 | BDC Trust Gap, Carl's Jr. Collapse & The Pitt
Q: Welcome, Mark. This is Private Credit's first real stress test since COVID—what makes this the real one?
COVID was liquidity-driven; now, higher rates, tighter liquidity, and redemptions are causing mark-to-market stress on private credit, revealing structural pressures in distributions and the need for transparent fair value markings.

Audience Metrics

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Frequently Asked Questions About The Octus Download

What is The Octus Download about and what kind of topics does it cover?

A fast-paced, finance-forward show that blends hard-edged credit analysis with culture-infused commentary. Across episodes, the hosts dissect corporate restructurings, private credit mechanisms, and high-profile bankruptcies, while weaving in pop culture, sports, and current events to illustrate real-world implications for investors, lenders, and everyday consumers. Noteworthy angles include debates on SaaS resilience in AI eras, meme-stock theatrics, and the human side of finance—covering governance, branding, and consumer impact with humor and sharp storytelling. The format tends to mix rigorous market insight with memorable cultural riffs, making complex topics approachable without sacrificing technical depth.

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How many listeners does The Octus Download get?

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Which podcasts are similar to The Octus Download?

These podcasts share a similar audience with The Octus Download:

1. The Credit Edge by Bloomberg Intelligence
2. FICC Focus
3. Industry Insights: Exclusive Interviews
4. Cloud 9fin
5. Debtwired!

How many episodes of The Octus Download are there?

The Octus Download launched 2 years ago and published 36 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact The Octus Download?

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What guests have appeared on The Octus Download?

Recent guests on The Octus Download include:

1. David Zupkas
2. Jessica Steinhagen
3. Michael Gatto
4. Kyle Owusu
5. Neal Katyal
6. Jon Hamm
7. Krishan Sutharshana
8. Michael B. Kaplan

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