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Slate News

Slate Money - The How the Other Half Banks Edition

Slate News

Slate Podcasts

News, Politics, News Commentary

4.56K Ratings

🗓️ 3 November 2015

⏱️ 48 minutes

🧾️ Download transcript

Summary

On this episode of Slate Money, Mehrsa Baradaran, author of How the Other Half Banks,  joins Felix Salmon of Fusion, Cathy O’Neil of mathbabe.org, and Slate’s Moneybox columnist Jordan Weissmann, to discuss unbanking in America.Topics discussed on today’s show include:How banks are failing poor and working class AmericansHow postal banking could be a solutionThe debate over prepaid debit cards Check out other Panoply podcasts at itunes.com/panoply.Slate Money is brought to you by Goldman Sachs. Get information about developments currently shaping markets, industries, and the global economy on the firm’s podcast, ‘Exchanges at Goldman Sachs,’ available on iTunes.And by SAP HANA. SAP HANA helps the world’s best companies get the answers they need to become more agile, develop new streams of revenue, and predict the future. Run SAP. And Run Simple. Visit sap.com/reimagine to learn more. And by MileIQ. If you’re one of the 60 million Americans who drive for work then you know that your miles are your dollars. Every mile you don’t log is money that you are losing. MileIQ is the only mileage-tracker app that detects, logs, and calculates your miles for you, ensuring that every mile is accounted for and no dollar is lost. Try MileIQ for free today by texting SLATEMONEY to 31996.


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Transcript

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0:00.0

Slate Money is brought to you by Goldman Sachs.

0:03.6

Get information about developments currently shaping markets, industries, and the global economy on the firm's podcast, exchanges at Goldman Sachs, available on iTunes.

0:14.0

And by SAP HANA.

0:15.9

SAP HANA helps the world's best companies get the answers they need to become more agile, develop new streams of revenue, and predict the future. Run SAP and run simple. Visit SAP.com slash reimagined to learn more. And by Mile IQ. If you're one of the 60 million Americans who drive for work, then you know that your miles are your dollars.

0:39.3

Every mile you don't log is money that you are losing.

0:42.8

Mile IQ is the only mileage tracker app that detects, logs, and calculates your miles for you.

0:49.1

Ensuring that every mile is accounted for and no dollar is lost.

0:53.4

Try Mile IQ for free today by texting Slate Money to

0:57.0

31996. That's Slate Money to 31996.

1:09.5

Hello and welcome to the How the Other Half Banks edition of Slate Money, your guide to the Business and Finance News of the Week.

1:20.5

Many apologies for not coming out on Saturday as we normally do.

1:25.3

This is a slightly delayed episode, but the reason is an incredibly

1:30.3

good reason, and you might have worked it out already from the title of the show. I'm Felix

1:36.0

Salmon Infusion. I'm joined as always by Kathy O'Neill, the data scientist and blogger at mathbabe.org.

1:42.7

Hello. Hello, Kathy.

1:45.0

I'm joined as always by Jordan Weissman, the moneybox colonist at Slate.

1:50.3

I just like to point out for the listeners at home that Kathy was doing a wonderful

1:53.6

little Hula as she was being introduced.

1:56.0

These are the thing.

1:57.1

Really, we need to become the Sl slate money, like streaming cast or whatever.

2:01.8

I learned to Hula when I was on vacation in Hawaii.

2:04.0

I am excellent at. He's also going to, D.P.P.P.L. is going to demonstrate this later. I'll sing. It'll be great. And Jordan. Yes. We have a special guest this week. Yes. We have with us, the author of the new book, How the Other Half Banks, and she is a law professor at the University of Georgia.

...

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