Second Guessing
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 4 October 2014
⏱️ 32 minutes
🧾️ Download transcript
Summary
Slate Money, featuring Felix Salmon of Fusion, Cathy O'Neil of Columbia University and Slate's own Jordan Weissmann. This week: why the Fed allowed Lehman Brothers to fail, the protests in Hong Kong, and a new paper from former Treasury Secretary Larry Summers.
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Transcript
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| 0:00.0 | The following podcast contains explicit language. |
| 0:07.8 | Hello and welcome to the second-guessing edition of Slate Money, your weekly guide to the business and finance news of the week. |
| 0:18.0 | I'm Felix Salmon of Fusion in New York. And on the show this week, new information |
| 0:24.1 | about the decision to let Lehman Brothers fail back in 2008, the protests in Hong Kong, |
| 0:31.1 | and former Treasury Secretary Larry Summers on the dysfunctional relationship between |
| 0:36.7 | Treasury and the Federal Reserve. |
| 0:39.3 | And we're rejoined by Kathy O'Neill, our newest listener. |
| 0:44.5 | She was merely a listener last week. |
| 0:46.7 | This week she's back in the chair where she belongs, data scientist, blogger at mathbabe.org, |
| 0:52.3 | and I have to quote listener, Polly Powellidge here. |
| 0:55.9 | She wrote to us this week to say that Kathy is, quote, a wonderful lodestar of awesome female |
| 1:01.3 | nerdiness, which, yes, of course. |
| 1:04.5 | Kathy, as our most recent newest and most valued listener, you have a complaint or comment about last week's episode. Thank you, Felix, and I appreciate you asking. I really did enjoy last week for the most part, but there's this one phrase that I heard used more than once called Opening the Camono. It was used once. No, more than once. I think I said it first. It was repeated at least twice. |
| 1:28.4 | So here's the thing. |
| 1:29.8 | It's a terrible phrase. It's sexist, whatever. It is. It is. It is. I have a phrase to replace it with, and I'm on the mission. Okay. So wait, wait. The phrase we are banning is... Open the kimono. The phrase we are replacing it with is... put a ruler to the dick. |
| 1:42.2 | You got that, Jordan? |
| 1:43.1 | I'm going to use it. |
| 1:44.7 | Awesome. |
| 1:45.4 | Awesome. |
| 1:46.0 | As penance, I'm going to use it. |
| 1:47.4 | Okay. is put a ruler to the dick you got that Jordan I'm I'm gonna use it awesome as |
| 1:46.1 | penance I'm going to use it okay at least once in this episode Jordan well |
... |
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