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Slate Money

Slate Money - Backdoor to Monarchy

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 30 October 2021

⏱️ 47 minutes

🧾️ Download transcript

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: slatemoney@slate.com

Podcast production by Cheyna Roth


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Hello! Welcome to the back door to monarchy episode of Slate Money,

0:18.8

your guide to the business and finance news of the week.

0:21.4

I'm Felix Samo of Axios. I'm here with Stacy Marie Ishmael of Bloomberg.

0:26.6

Hello. We're also here with Emily Peck of Fundrise.

0:31.2

Hello, hi. Hello. And we are going to talk about rich men this week because

0:37.6

apparently on a money show this is inevitable on a regular basis. We are going to talk about all of the billionaires who have

0:45.5

managed to avoid a billionaire tax and why that might be. We are going to talk

0:50.3

about Mark Zuckerberg, who's extremely rich and who has pivoted his company.

0:55.4

We're going to talk about Elon Musk and Tesla and how his new deal with Hertz might change things around.

1:03.2

We're going to talk about in slate plus we're going to talk about

1:05.8

Edward Rogers who is attempting a very succession style coup up in

1:11.6

canadia. It's all manner of fun and games all coming up on slate money. This episode is brought to you by Revolute.

1:24.0

Revolute is your perfect travel companion for all things money.

1:28.0

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1:32.0

and withdraw from ATMs all over the world

1:34.4

with no charges from Revolute within your plan allowance.

1:37.4

Sign up to Revolute at Revolute.com

1:39.6

slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.

1:44.8

Until 18th of June 2024, 18 plus, T's and C's apply, exchange fees and fair usage limits supply.

2:04.3

Mark Zuckerberg, thank you very much for rebranding your company and forcing us to talk about what I guess we should now be calling meta rather than Facebook, although I suspect that people are still going to call Facebook,

2:07.0

Facebook, much like they still talk about National Airport.

2:11.3

Stacy, give me a quick picture of what did Mark Zuckerberg announce and does it matter?

...

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