Rao’s Pasta Sauce is the Zoom of Food
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 19 August 2023
⏱️ 52 minutes
🧾️ Download transcript
Summary
Felix Salmon, Emily Peck, and Elizabeth Spiers discuss FDIC chair Martin Guenberg’s proposal to let big bank debt holders lose money before the uninsured depositors. Also, Rao’s upscale cornering of the red sauce market leads to its $2.7 billion sale to Campbell’s. Finally “The Wig”: Argentina’s right-wing primary winner Javier Milei’s arresting mop and his plan to toss out the currency.
In the Plus segment: Why can’t it be Halloween all year round?
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Podcast production by Kevin Bendis and Patrick Fort.
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Transcript
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| 0:00.0 | Hello! |
| 0:13.0 | Welcome to Slate Money, your guide to the business and finance news of the week. |
| 0:19.0 | I'm Felix Salmon of Axios. |
| 0:21.0 | I'm here with Elizabeth Spires of New York Times and elsewhere. |
| 0:25.6 | Hello. Hello. I'm here with Emily Peck of Axios. Hi hi. |
| 0:30.8 | Hi and we are going to talk about Javier Milay, the Argentine Chaos Agent anarcho-capitalist presidential |
| 0:39.6 | candidate economist guy and his hair. We are going to talk about Martin Grunberg who's the chair of the |
| 0:48.6 | FDIC and how he wants to make the banks safer. We are going to talk about Rio's Pastors and how valuable it is and |
| 0:58.0 | how that all happened over the course of the pandemic. And we have a Slate Plus segment on holiday months at the supermarket. Why are we buying |
| 1:05.5 | Halloween candies in July? What's happening? We will answer all of your questions. It's a fun one this week. |
| 1:11.2 | You should listen. It's all coming up on slate money. |
| 1:16.7 | This episode is brought to you by Revolute. Revolute is your perfect travel companion |
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| 1:40.0 | Until 18th of June 2024, 18 plus, T's and C supply, exchange fees and fair usage limits supply. |
| 1:47.2 | Okay, so let's start with the large but not enormous banks which it turns out we all learned in much of this year |
| 1:59.1 | are systemically important there are these big things called global systematically important banks or G-S |
... |
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