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Slate News

Slate Money - The Feedback Loop

Slate News

Slate Podcasts

News Commentary, News, Politics

4.56K Ratings

🗓️ 23 August 2014

⏱️ 43 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: a dive into the mailbag, why tech companies aren't using bankers for M&A deals, and Amazon's new payment system.


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Transcript

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0:00.0

Hello and welcome to the Feedback Loop edition of Slate Money, your weekly guide to the

0:11.2

Business and Finance News of the Week. I'm Felix Salmon of Fusion in New York, and we have had

0:17.6

an astonishing amount of awesome feedback from you guys, mostly in the form of

0:22.9

emails. So we're going to spend a little bit of time going through some of those letters

0:27.1

and responding to them. And after that, we're going to talk about cool kid tech companies and

0:33.8

why they aren't using investment bankers for their mergers and acquisitions,

0:39.2

then we'll move on to Amazon's new local register payment system, they call it.

0:44.7

It's going to be a full show.

0:47.3

But first let me introduce our regular guests.

0:50.3

There's Kathy O'Neill, head of the lead program for data journalism at Columbia University.

0:57.2

Hi, Felix.

0:58.0

Hello, Kathy.

0:59.1

And Slate's own moneybox columnist, Jordan Weissman.

1:03.1

Good to be here today.

1:04.4

I'm so happy that you're happy to be here.

1:07.8

Anyway, first and foremost, the mailbag.

1:15.6

I've been looking forward to this all week because we promised it last week, and now I get to do it.

1:21.4

I have to say first that we got lots of mail about my thought experiment last week, where I talked a bit about a magician doing a card trick, and I'm not going to talk any more about that,

1:27.4

because next week we have a very special guest,

1:31.3

Emmanuel Derman himself from Columbia University,

1:34.9

and we're going to devote an entire segment

1:37.0

to that little card trick thought experiment.

...

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