Slate Money: The Cupcake Indicator
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 12 July 2014
⏱️ 36 minutes
🧾️ Download transcript
Summary
Slate Money, featuring Felix Salmon of Fusion, Cathy O'Neil of Columbia University and Slate's own Jordan Weissmann. This week: Happy and unhappy endings at the Fed, American Apparel, and Crumbs Bake Shop.
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Transcript
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| 0:00.0 | The following podcast contains explicit language. |
| 0:07.5 | Hello and welcome to Slate Money, our weekly podcast, guiding you through the important |
| 0:13.0 | business and finance news of the world. I'm Felix Salmon of Fusion in New York. And on the show |
| 0:19.4 | this week, we're going to be talking all about happy endings. |
| 0:24.4 | In more ways than one. |
| 0:26.8 | Not in that way. |
| 0:27.8 | I think we are actually going to be talking about that way. |
| 0:31.2 | The Fed is ending its highly controversial quantitative easing program. |
| 0:37.3 | And I think people are not generally pretty happy about that. |
| 0:41.0 | Then there's the whole question of American apparel, Dov Charnie, and all manner of endings, happy and maybe not so happy there. |
| 0:48.6 | And for dessert, we'll talk about the end of publicly traded cupcakes, because, you know, there was a point in time not so long ago when you could buy cupcakes on the NASDAQ. |
| 1:00.5 | And, of course, we'll wrap up with our numbers, lightning round as we do every week. |
| 1:04.9 | Let me ask Kathy O'Neill and introduce her as well, the head of the lead program for data journalism at Columbia University. |
| 1:12.0 | Kathy, what is your number this week? |
| 1:14.7 | Felix, my number is 27. |
| 1:17.2 | 27? |
| 1:18.6 | Hmm. |
| 1:19.2 | Jordan Weissman, the Moneybox columnist at Slate. |
| 1:21.6 | What is your number? |
| 1:22.6 | My number is 46,410. |
| 1:26.9 | That's four significant figures. |
| 1:29.8 | And my number, my number is 25. |
... |
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