Topic: Restructuring

Steve Bannon, drawing on his experience at Goldman Sachs and in corporate restructuring, critiques the InfoWars auction as a departure from standard bankruptcy law. He questions why a lower bid from The Onion was accepted over potentially higher, non-contingent bids from groups associated with Roger Stone. Bannon calls for the court to release the full details of all bids to the public.

Robert Barnes returns to discuss the InfoWars bankruptcy, focusing on a judge's decision to fire the Chief Restructuring Officer (CRO). The discussion alleges that the CRO attempted to illegally lock the doors of the studio without a court order. Barnes frames this as a victory for the rule of law, suggesting that the bankruptcy court is finally pushing back against politically motivated "lawfare."