Slate Money: Backdoor to Monarchy

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4 • 1.1K Ratings

🗓️ 30 October 2021

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, Felix Salmon, Emily Peck, and Stacy-Marie Ishmael talk about Facebook’s transformation to Metaverse, how the billionaire income tax would work (and why it won’t happen), and Hertz’s new deal with Tesla. In the Plus segment: How a butt dial blundered a coup. Mentioned In the show: “Why Hertz’s big Tesla deal is such a blockbuster” by Rebecca Heilweil “Democrats’ billionaire tax would heavily target 10 wealthiest Americans, but alternative plan is emerging” by Jeff Stein, Andrew Van Dam and Tony Romm “How the Billionaires Income Tax Would Work” by Richard Rubin “What the Metaverse Is, Who’s in It and Why It Matters” by Nate Lanxon “Facebook’s Doppelganger ETF Rakes in Cash on Mistaken Identity” by Vildana Hajric and Claire Ballentine “Facebook just revealed its new name: Meta” by Kim Lyons “Rogers Chairman Fires Board for Firing Him for Firing CEO” by Matt Levine Email: [email protected] Podcast production by Cheyna Roth Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello, welcome to the backdoor to monarchy episode of Slate Money, your guide to the business
0:19.8	and finance news of the week I'm Felix Amman of Axios, I'm here with Stacy Marie Ishmael
0:25.3	of Bloomberg.
0:26.3	Hello.
0:28.1	We're also here with Emily Peck of Fundraise.
0:31.4	Hello.
0:32.4	Hi.
0:33.4	Hello.
0:34.4	And we are going to talk about rich men this week, because apparently on a money show
0:39.0	this is inevitable on a regular basis, we are going to talk about all of the billionaires
0:45.2	who have managed to avoid a billionaire tax and why that might be.
0:49.7	We are going to talk about Mark Zuckerberg, who's extremely rich and who has pivoted his
0:55.0	company.
0:56.0	We're going to talk about Elon Musk and Tesla and how his new deal with hurts might
1:02.0	change things around.
1:03.0	We're going to talk about in Slate Plus, we're going to talk about Edward Rogers, who is
1:07.8	attempting a very succession style coup up in Canedia.
1:13.0	It's all manner of fun and games all coming up on Slate Money.
1:23.2	Thanks, Zuckerberg.
1:24.2	Thank you very much for rebranding your company and forcing us to talk about what I guess
1:30.8	we should now be calling meta rather than Facebook, although I suspect that people are still
1:36.0	going to call Facebook Facebook much like they still talk about national airport.
	...

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