Book Talk

Premiere DateNov 8, 2014
00:00 Book Talk Intro – DJ Kory
04:14 “Emergency” – Nothing But Thieves
08:05 Interview with Jake Halpern Part 1
25:13 “Graveyard Whistling” – Nothing But Thieves
29:03 Interview with Jake Halpern Part 2
45:21 “Itch” – Nothing But Thieves
48:30 Book Talk Outro – DJ Kory
50:38 “Last Orders” – Nothing But Thieves
55:00 Finish

Bad Paper by Jake Halpern

Bad Paper is a riveting exposé, a moving story of an unlikely friendship, and a gritty narrative of how scrappy entrepreneurs profit from our debts. Jake Halpern introduces us to a former banking executive and a former armed robber who become partners and go in quest of “paper” – the uncollected debts that are sold off by banks for pennies on the dollar. 

As Halpern shows, the world of consumer debt collection is a wild and unregulated shadowland, where operators may misrepresent a debtor’s situation, make illegal threats, and even lay claim to debts that are not theirs to collect in the first place. It is a realm of indelible individuals who possess a swagger and vocabulary that even David Mamet could not invent. Halpern follows his collectors as they intimidate competitors with weapons; manage high-pressure call centers, and scheme new ways to benefit from American’s debt-industrial complex. He also explores the history of collection agencies and reveals the human cost of a system that leaves hardworking Americans with little opportunity to retire their debts in a reasonable way. The result is a bravura work of storytelling that is also an important consciousness-raiser.

Jake Halpern

Nothing But Thieves Upcoming Shows:Nov 14 – Electric Brixton – London, UK

Kory French is the Founder and Principal of Emily Consulting, a consulting company that leads start-up and early-stage companies in everything from concept development to strategic planning to scaling and exit…