On episode 48 of The Real Eisman Playbook, Steve Eisman sits down with forensic accountant Tom Gober to discuss how private equity giants like Apollo, KKR, and Brookfield have taken control of millions of policyholder premiums while offloading billions in liabilities to "secret captives" in Bermuda and the Cayman Islands. If you own a life insurance policy or an annuity, we highly recommend you watch this episode.

00:00 - Intro

01:20 - Tom's Background

04:55 - The Life Insurance Scandal Explained

09:50 - The Private Equity Takeover & Issues with Reinsurance

31:42 - Inaccurate Ratings

33:25 - Back to Leverage

37:59 - People Are Starting to Listen, Potential Issues

43:46 - Lack of Transparency

45:20 - Outro & Steve's Takeaways

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