Hello and welcome to Slate Money, a weekly podcast devoted to the world of business and finance.

I'm Felix Salmon, senior editor at Fusion.

And today we're going to be talking about Credit Suisse, the Swiss bank convicted of conspiring to help tax evasion. Does the first criminal conviction of a big bank make a dent in the argument that big banks are too big to jail?

We'll talk about the case for reparations, the 14,000 word essay from Tanaasi Coates in the Atlantic that is both more and less than an argument for writing checks to

descendants of slaves. And then we'll talk about the quarter million dollar dinners that

former Fed Chairman Ben Ben Ben Bananke has been having with investors. Is that business as usual?

Is it corruption? Is it both? And finally, as ever, we will go around the table for a lightning round of interesting

numbers from this past week.

I'm joined in our New York studio by Kathy O'Neill, a former hedge fund, Quant, who's now

a watchdog of the industry.

Hi, Kathy.

Hi.

And also Slate's Moneybox columnist and signed up true millennial Jordan Weissman.

Hello, Jordan.

Hello, Felix.

Hello.

So, Jordan, you are going to start by telling us something about what Attorney General Eric Holder has been promising for weeks.

So this week, the big event happened.

Eric Holder came out and announced that Credit Suisse, the Swiss Bank, had pleaded guilty to helping Americans evade their taxes for decades.

For decades and decades, we're talking secret accounts, cash in luggage being ferried around between the continents,

and of course, you know, people have been waiting and waiting for some bank to be convicted

criminally for something. And so Eric Holder finally, who had previously suggested that maybe

...