Pushkin.

It's hard to read the news these days without asking yourself, how did we get here?

Fiasco is a history podcast for the co-creators of Slow Burn.

In our first season, Bush v. Gore, we examine an unmistakable turning point in American politics, the 2000 election, which resulted in a high-stakes stalemate, ended with one of the most controversial rulings in Supreme Court history.

So if you're trying to make sense at the present moment, check out Fiasco, Bush v. Gore. Listen on theHeart Radio app, Apple Podcasts, or wherever you listen to podcasts.

Pushkin.

From Pushkin Industries, this is Deep Background, the show where we explore the stories behind the

stories in the news. I'm Noah Feldman. As regular listeners know, on this season of deep

background, we've been focusing on power in its many different forms. We've talked a fair

amount about power in global politics, we've talked about

power in publishing, but until now we haven't had a direct conversation about one of the most

important seats of power in the United States and indeed in the world, Wall Street. Today's

guest is here to help us fill that gap.

Zachary Carabelle is a historian and author who spent years working on Wall Street,

both as head of global strategies at InvestNet and as president of Fred Alger and company.

He's the author of a new book called Inside Money, Brown Brothers Harriman, and the American

Way of Power.

The book charts the long history of this particular investment bank,

suggesting that its ability to survive for 200 years of boom and bust cycles

comes from its refusal to over-extend itself and to take on too much risk, a lesson that he believes Wall Street

today could learn a lot from. Zach is the perfect person to talk about power, Wall Street,

history, and where we're going in the future. Zach, thank you so much for being here.

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