Joe Lewis, 86, is a billionaire. He made his money trading currency, among other things. And he likes to keep a low profile. That could change with his appearance in court this week in New York, responding to insider trading charges. His bail is set at $300mn. Legal correspondent Joe Miller joins Ethan Wu to discuss how not to break the law. Also, we go long medical innovations and short the UK’s most respectable bank.

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Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on Twitter. You can email Ethan at ethan.wu@ft.com.

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