Armie Hammer has finally spoken out about being accused of cannibalism.

The actor, 37, appeared on the June 16 episode of the “Painful Lessons” podcast and addressed the “bizarre” accusations.

Years after some of his accusers shared alleged messages from Hammer in which he detailed sexual fetishes and a desire to eat their flesh.

“There were things that people were saying about me that just felt so outlandish, that I was a cannibal,” Hammer said on the podcast.

“Now, I’m able to sort of look at it with a sense of distance and perspective and be like ‘That’s hilarious,’ ” he continued. 

“People called me a cannibal and everyone believed them. They’re like, ‘Yep, that guy ate people.’ You’re just like, ‘What? What are you talking about? 

Do you know what you have to do to be a cannibal? You have to eat people. How am I going to be a cannibal?’ It was bizarre.”

The “Call Me By Your Name” star said that he now feels “grateful” and has “self-esteem.”

“Whatever it was that happened, I’m now at a place in my life where I’m grateful for every single bit of it,” he said. “I’m actually now at a place where I’m really grateful for it, because where I was in my life before all of that stuff happened to me, I didn’t feel good. I never felt satisfied, I never had enough. I never was in a place where I was happy with myself, where I had self-esteem. I never knew how to give myself love. I never knew how to give myself self-validation, but I had this job where I was able to get it from so many people that I never had to learn how to give it to myself.”

In addition to the cannibal claims, Hammer was also accused of sexual assault and emotional abuse, which led to his downfall in Hollywood.

However, no charges were filed against Hammer following an investigation led by the Los Angeles Police Department.

Hammer has denied criminal wrongdoing.

On the “Painful Lessons” podcast, Hammer reflected on how the accusations caused “an ego death” and “a career death.”

“It’s almost like a neutron bomb went off in my life. It killed me, it killed my ego, it killed all the people around me that I thought were my friends that weren’t — all of those people, in a flash, went away. But the buildings were still standing. I’m still here, I still have my health, and I’m really grateful for that.”

Hammer, who hasn’t been in a movie since 2022’s “Death on the Nile,” also said that his career as an actor is “nowhere” because he’s “not a viable commodity” in Hollywood after the accusations. However, he did claim that he’s writing a script with a friend.

In 2021, the “Social Network” star’s former girlfriend Effie Angelova accused him of “violently” raping her and abusing her “mentally, emotionally and sexually” in 2017.

Multiple other women came forward claiming to have been sexually assaulted and mistreated by Hammer — including one woman who claimed he tied her up and told her he wanted to “break my rib and barbecue and eat it.”

The accusations against Hammer were explored in the 2022 Discovery+ docuseries “House of Hammer.”

Hammer called the allegations “bulls – – t,” citing “vicious and spurious online attacks” at the time.

He was subsequently dumped from a series of high-profile projects following the accusations — including “Shotgun Wedding” with Jennifer Lopez and the Broadway play “The Minutes.” He was also dropped by his agency, WME.

In 2023, Hammer revealed that he came close to killing himself after the scandal.

“I just walked out into the ocean and swam out as far as I could and hoped that either I drowned, or was hit by a boat, or eaten by a shark,” Hammer told Air Mail in February 2023. “Then I realized that my kids were still on shore, and that I couldn’t do that to my kids.”

Hammer has two children with his ex-wife Elizabeth Chambers. They were married in 2010 and split up in July 2020.

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Source: CNN

Capital Markets: An Overview

Capital markets are financial markets where long-term debt or equity-backed securities are bought and sold. They provide a platform for raising capital, facilitating investment, and enabling the transfer of funds between savers and borrowers. The efficiency and stability of capital markets are crucial for the overall health of an economy.

Components of Capital Markets

Primary Market:

In the primary market, new securities are issued and sold to investors directly by the issuer. This is where companies raise fresh capital by issuing stocks (equity) or bonds (debt).

Key activities include Initial Public Offerings (IPOs), where companies go public by offering shares for the first time, and debt issuances, such as corporate or government bonds.

Secondary Market:

The secondary market is where existing securities are traded among investors. This includes stock exchanges like the New York Stock Exchange (NYSE) and NASDAQ.

Provides liquidity, allowing investors to buy and sell securities easily.

Types of Securities in Capital Markets

Equities (Stocks):

Represent ownership in a company.

Common stocks offer voting rights and potential dividends, while preferred stocks offer fixed dividends and priority over common stocks in asset liquidation.

Debt Securities (Bonds):

Loans made by investors to issuers (corporations, municipalities, or governments).

Pay periodic interest and return the principal at maturity.

Types include corporate bonds, government bonds, and municipal bonds.

Hybrid Securities:

Combine elements of both debt and equity, such as convertible bonds (which can be converted into a specified number of shares).

Key Functions of Capital Markets

Capital Formation:

Enable businesses to raise funds for expansion, innovation, and operations.

Investors provide capital in exchange for potential returns through dividends or interest.

Liquidity Provision:

Secondary markets offer liquidity, allowing investors to easily buy and sell securities.

Facilitates the efficient allocation of resources.

Price Discovery:

Markets determine the fair value of securities based on supply and demand dynamics.

Prices reflect the collective assessment of a company’s future prospects and overall economic conditions.

Risk Management:

Investors can diversify their portfolios by investing in a variety of securities.

Derivative instruments (options, futures) are available for hedging against price fluctuations.

Participants in Capital Markets

Issuers:

Corporations, governments, and municipalities that raise capital by issuing securities.

Investors:

Individuals, institutional investors (pension funds, mutual funds, insurance companies), and foreign investors seeking returns on their investments.

Intermediaries:

Investment banks, brokerage firms, and financial advisors that facilitate the issuance and trading of securities.

Regulators:

Government agencies (e.g., Securities and Exchange Commission in the U.S.) that oversee market activities to ensure transparency, fairness, and investor protection.

Regulatory Framework

Regulation in capital markets aims to protect investors, ensure fair trading, and maintain market integrity. Key regulations and standards include:

Disclosure Requirements: Companies must provide accurate and timely information to investors.

Insider Trading Laws: Prohibit trading based on non-public, material information.

Market Surveillance: Monitor trading activities to prevent market manipulation and fraud.

Impact on the Economy

Capital markets play a vital role in economic growth by:

Facilitating Investment: Mobilizing savings into productive investments, driving business expansion and innovation.

Promoting Economic Stability: Providing mechanisms for risk management and capital allocation.

Enhancing Financial Inclusion: Allowing a broader range of participants to invest and raise capital.

Current Trends and Challenges

Technological Advancements:

The rise of fintech, algorithmic trading, and blockchain technology is transforming capital markets by enhancing efficiency and transparency.

Globalization:

Increased cross-border capital flows and integration of global markets present opportunities and risks.

Regulatory Changes:

Evolving regulatory landscapes in response to financial crises and market innovations impact market operations.

Sustainability:

Growing emphasis on Environmental, Social, and Governance (ESG) criteria in investment decisions reflects the shift towards sustainable and responsible investing.

Conclusion

Capital markets are the backbone of a functioning financial system, providing the necessary infrastructure for capital formation, investment, and economic growth. Understanding their mechanisms, participants, and regulatory frameworks is essential for navigating and leveraging these markets effectively. As markets evolve with technological advancements and global integration, staying informed about trends and challenges remains crucial for all stakeholders.