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The Octus Download

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

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 into... more

PublishesTwice monthlyEpisodes30Foundeda year ago
Number of ListenersCategory
Business

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Latest Episodes

Some weeks the news is weird. This week it is weird, litigious, and somehow involves 420,000 uprooted peach trees.

Jason Sanjana & Kevin Eckhardt open with Ryan Cohen's unsolicited, non binding offer to acquire eBay for $125 a share in a cash and st... more

Some companies die because the math was never going to work. Spirit, AMC, and fire truck pricing all make that case differently.

Jason Sanjana and Kevin Eckhardt open with an emergency segment on Spirit Airlines (02:31), which ceased all operations ... more

Private credit was supposed to be boring. This episode makes the case that boring just got complicated.

Jason Sanjana & Kevin Eckhardt open with a cruise recap and the $80 million law firm hire that broke the internet before bringing in Mark Fischer... more

Jason Sanjana and Kevin Eckhardt open with the shot heard round the NCAA Tournament (00:01:32)Braylon Mullins' 35 foot buzzer beater that completed a 19 point UConn comeback to stun No. 1 overall seed Duke 73 to 72 in the Elite Eight. Jason confesses... more

Key Facts

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Recent Guests

Mark Fischer
Head of Financial Research, Octus
Octus
Episode: EP 28 | BDC Trust Gap, Carl's Jr. Collapse & The Pitt
Patrick Mohan
Senior Director at Octus, Head of municipal's product, bourbon enthusiast
Octus
Episode: EP 26 | Whiskey Barrels, FanDuel's Cable Collapse & Sentimental Value
Krishan Sutharshana
Senior Distress Debt Analyst
Octus
Episode: EP 23 | Saks Bankruptcy, Detroit’s EV Hangover & Bugonia vs. AI Slop
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
Adam Rhodes
Senior distress debt analyst at Octus
Octus
Episode: EP 19 | MTV Ridiculousness, Starlink Takes Orbit & The Recession Hot Dog
Skylar Chen
Octus Senior Reporter tracking the First Brands case
Octus
Episode: EP 17 | First Brands Collapses, Argentina’s $20B Lifeline, and Why Failure Wins
Simran Bal
Octus Senior Distress Debt Analyst
Octus
Episode: EP 16 | Tricolor Collapse, QVC’s TikTok Gamble & Kawhi Fallout
David Zubkis
Former host of the Octus Podcast, returning for industry insights
Episode: EP 13 | Dolphins in Court, Vegas on the Edge, and the Mailman

Hosts

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

Reviews

4.9 out of 5 stars from 57 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 Statesa year ago

Listeners Say

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

- Listeners appreciate the balance of sharp financial insight and entertaining banter, with strong praise for guest expertise.
- The hosts tackle tough topics with humor and accessibility, avoiding stuffy law-firm vibes.
- The chemistry between Kevin and Jason is academia and sarcasm at the same time, making complex topics engaging.

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Talking Points

Recent interactions between the hosts and their guests.

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.
EP 23 | Saks Bankruptcy, Detroit’s EV Hangover & Bugonia vs. AI Slop
Q: Walk us through the timeline of how Saks lit its money on fire.
Saks purchased Neiman Marcus in December 2024 and raised $2.2 billion of debt for the acquisition, which led to a series of financial troubles and ultimately bankruptcy.
EP 21 | How Bankruptcy Really Works: Inside the System with Josh Sussberg
Q: What do you think about the role of AI going forward in bankruptcy?
Josh believes that while he doesn't fully understand AI, it's crucial for professionals in the field to consider its impact and potential benefits.

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?

The show blends sharp financial analysis with cultural commentary, focusing on distressed debt, bankruptcies, private credit, and how macro market moves ripple through everyday life. Episodes mix detailed market breakdowns with humor, personal anecdotes, and pop culture references to illuminate complex topics like liquidity, restructurings, and the role of private equity in various industries. A standout trait is the duo's chemistry—combining academia-like rigor with entertaining banter—which makes dense finance topics accessible without sacrificing insight. The format often features expert guests and real-world case studies, making it useful for listeners who want practical takeaways for investing, advising, or sponsorship opportunities th... more

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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. Money Stuff: The Podcast
5. The View From Apollo

How many episodes of The Octus Download are there?

The Octus Download launched a year ago and published 30 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Octus Download?

Recent guests on The Octus Download include:

1. Mark Fischer
2. Patrick Mohan
3. Krishan Sutharshana
4. Michael B. Kaplan
5. Josh Sussberg
6. Adam Rhodes
7. Skylar Chen
8. Simran Bal

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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