Slate Money - Pancake Brains
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 26 October 2019
⏱️ 50 minutes
🧾️ Download transcript
Summary
This week Felix, Emily, and Anna discuss the latest news on WeWork, Emily's article on the so-called leadership and empowerment seminar at Ernst & Young that told women their brains were like pancakes, among other indignities, and Felix’s recent review of Darkness by Design: The Hidden Power in Global Capital Markets by Walter Mattli.
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Transcript
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| 0:00.0 | Hello and welcome to the pancake brains edition of Slate Money, your guide to the business and finance news of the week. |
| 0:23.1 | I'm Felix Salmon of Axios. I'm joined by Emily Peck of Huffpost, who has a big scoop this week all about how women's brains are |
| 0:31.5 | like pancakes. My brain is more like a colander, to be honest. Things come through and it just |
| 0:36.8 | comes straight out the other side. |
| 0:38.5 | I retain nothing. |
| 0:40.5 | But here to help me learn stuff as ever is Anna Shamansky of Breaking Views. |
| 0:45.7 | Hello. |
| 0:46.6 | We are going to be talking about WeWork because that is the big news of the week. |
| 0:53.1 | What is going on with WeWork? And itholder, soft bank, its biggest shareholder. |
| 0:58.7 | It's not going to be 80% shareholder of WeWork. |
| 1:01.4 | We are going to talk about Emily's big scoop about pancake brains. |
| 1:07.0 | You learned this week from Ernst & Young that women's brains are like pancakes, whereas men's |
| 1:12.7 | brains are like waffles. That is correct. And it makes me hungry every time we talk about it. |
| 1:17.7 | So this is going to be a hungry-making edition of Slate Money. We are also going to talk about my |
| 1:23.4 | book review and about this book called Darkness by Design by this chap called Walter Matley and |
| 1:28.8 | the theory he has which I think I'm kind of convinced by that the stock market all went to |
| 1:34.6 | shit after 2005. That and a Slate Plus segment on Chile all coming up on Slate Money. |
| 1:48.7 | Let's start by talking about WeWork, because in the annals of corporate implosions, there are many, but this one was impressive even by, you know, historical standards. |
| 1:55.2 | It's not just the valuation falling from 47 billion to 8 billion in the space of like a blink of an eye. |
| 2:02.4 | It's also just the way that the whole glorious edifice of unicorns and minotores and all |
| 2:10.5 | of these other things that we talk about just seems to have crumbled overnight. |
| 2:14.6 | It's amazing. |
... |
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