Hello and welcome to Slate Money, the actionable idelect episode of our weekly podcast, guiding you through the important business and finance news of the week.

I'm Felix Salmon, a fusion in New York, and this week we are going to enter into an arm's length

counterparty relationship with the subject of jargon and financial jargon in particular,

what it means and what it is doing to us. Then, living wills, talking of incomprehensible acronyms,

we're going to be talking about the FDIC and the GAO and all

manner of other weird Washington institutions. These things, these living wills, were supposed to be

big banks rather morbid sounding solution to the too big to fail problem, but regulators are

sending them back to the drawing board, or perhaps the estate planning

board. And then the battle over an actual estate, that of the artist Robert Rauschenberg.

Should those trustees get paid millions of dollars, we will find out a judge has ruled.

And at the end, as usual, we'll do our numbers lightning round.

The ever-prepared Kathy O'Neill has a number.

She's head of the lead program for data journalism at Columbia University,

and therefore she always has a number in her back pocket.

Kathy, what is your number?

Felix, my number is one.

I like that number. Do you know what's your number? Felix, my number is one. I like that number.

Do you know what's your number?

Nine.

These are good numbers.

I have to say, my number is 100 million.

We will get to those at the end.

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