Slate Money - The Greenspanaissance
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 27 June 2026
⏱️ 50 minutes
🔗️ Recording | Apple Podcasts | RSS
🧾️ Download transcript
Summary
This week: Former Federal Reserve Chairman Alan Greenspan passed away at the age of 100. Today: Felix Salmon, Elizabeth Spiers, and Emily Peck examine Greenspan’s legacy and the way it’s being emulated by the Fed’s current chair, Kevin Warsh. Then, the hosts discuss succession at JPMorgan now that CEO Jamie Dimon’s latest heir apparent, Marianne Lake, has left the company. And finally they look at the latest PowerPoint from SoftBank’s Masayoshi Son and try to understand if a goose has value and if eggs can lay more eggs.
In the Slate Plus episode: The New Meme Stock on the Block
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Podcast production by Jessamine Molli.
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Transcript
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| 0:00.0 | Hello. Welcome to Slate Money, your guide to the business and finance news of the week. I'm Felix |
| 0:16.3 | Salmon of Bloomberg. I'm here with Emily Peck of Axios. Hello, hello. I'm here with Elizabeth Spires with New York Times. |
| 0:23.4 | Hello. And we are going to talk about the maestro. |
| 0:26.9 | Alan Greenspan, RIP. What is his legacy? What did he do right? What did he do wrong? |
| 0:32.2 | And of course, since we are massive fans of Succession here at Slate Money, we're going to talk about |
| 0:37.2 | succession and succession planning at companies in general and at J.P. Morgan in particular. |
| 0:43.6 | We are going to talk about another maestro in his own way. |
| 0:48.9 | Massa's son, a soft bank, and the eggs that he lays because in a way he's a goose. |
| 0:55.7 | We also have a Slate Plus segment on Wendy's and Hertz. |
| 1:01.0 | So it's all coming up on Slate Money. |
| 1:10.0 | So Emily, you have coined my favorite word of the week, which is... |
| 1:15.6 | Green Spanissance? |
| 1:17.0 | The Green Spanissance. |
| 1:18.6 | Greenspan is having a renaissance. |
| 1:21.9 | He's only been dead for a couple of days, and he's already been reborn. |
| 1:26.1 | He did die this week at the age of 100. He had a good |
| 1:29.1 | innings. I like to say that he died slightly above par at about 100.21, I think, which is |
| 1:37.0 | apropos. And now his, would it be fair to say that Kevin Walsh is a Greenspan disciple? |
| 1:46.0 | I think it would be fair to say that, yes. |
| 1:47.8 | So the new head of the Central Bank is very much formed in Greenspan's image |
| 1:53.7 | and has certainly taken a leaf out of Greenspan's inscrutability book. |
| 2:00.2 | Greenspan famously said that if you understood what I'm saying, you probably misunderstood me |
... |
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