Hello and welcome to the Keeping Up with McKenzie episode of Slate Money, your guide to the business and finance news of the week.

I'm Felix Simon of Axios.

Anna Shemansky is here from Breaking Views.

Hello.

Emily Peck is here from Huffpost.

Hello.

We are going to keep up with McKenzie Scott, the multi-billionaire who is transforming philanthropy.

We're going to talk a bit about what she's been up to over the past few months.

We are also going to talk about Robin Hood and whether it is breaking the law and whether they are a good thing or a bad thing.

We're going to talk about all of these rich people and Oracle and Elliott and possibly

even Goldman Sachs asset management, all exodusing away from high tax states and towards

low tax states and whether that's a good thing.

And what that means, we have a Slate Plus segment about currency manipulation in Switzerland.

Oh, yes yes we do.

It's all coming up on Slate Money.

So Robin Hood was the not very proud recipient of not one but two major lawsuits this week.

The SEC one is settled for $65 million. Basically, the SEC accused it of doing

various and various things, and they said, here's $65 million, we won't do it again. And that one

seems like it was a bit of a slap on the wrist to me because Robin Hood is raising money at $11 billion

valuations and has more money

than God and they move fast and break things. And this is what they do is they get things wrong and

then they say, oops, our bad, we won't do it again. And then they may or may not pay a fine.

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