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Ladies and gentlemen,

welcome to Sleet Money, a weekly podcast devoted to the world of business and finance. I'm Felix salmon, senior editor at

Fusion. Today we're going to talk about Jed Rakoff, the judge who got tough on

Wall Street, but who this week got overruled. We'll talk about negative interest rates

and TLTROs and the ECB and maybe even I-O-E-R. What on earth am I talking about? Might it presage the death of banking as we know it?

Tune in to find out. Finally we will talk about the US government crackdown on poor

Stevie Cohen who's down to his last 11 billion dollars and then because the

final thing is never completely final we will have our numbers round and I have

been informed that some of the numbers are quite large. I am joined here in our New York studio by

Kathy O'Neill, a former hedge fund quant-turned-Columbia University program director. She

blogs at mathb babe.org.

Hi Kathy, hi Felix.

And we also have Slate's own moneybox columnist Jordan Weisman

representing every millennial.

Hello Jordan.

And I do so with pride.

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