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Slate News

Slate Money - Slate Money: Timmy, Timmy and More Timmy

Slate News

Slate Podcasts

News Commentary, News, Politics

4.56K Ratings

🗓️ 17 May 2014

⏱️ 29 minutes

🧾️ Download transcript

Summary

Slate Money, featuring Felix Salmon of Fusion, Cathy O'Neil of Mathbabe.org, and Slate's Jordan Weissman. This week: Timothy Geithner's "Stress Test," why Christine Lagarde isn't speaking at Smith College, and how student debt impacts the housing market.


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Transcript

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0:00.0

The following podcast contains explicit language.

0:07.1

Hello, and welcome to Slate Money, our weekly podcast, dissecting the world of business and

0:13.6

finance. I'm Felix Salmon, the senior editor at Fusion, here in New York, with Jordan

0:19.2

Weissman and Kathy O'Neill. We're coming to them in a second,

0:22.3

but I have to give you a teaser about what's coming up. We have the biggest, most important

0:28.0

finance book of the week. Stress Test by Tim Geithner. We all read it, or at least a few pages

0:36.2

of it. It's very big. We're also going to talk about

0:40.4

Christine Lagarde, the head of the IMF, and the fact that she's not going to be giving this commencement

0:46.5

speech at Smith College this week. And we're also going to be talking about another bit of the

0:51.7

education world, which is student loans

0:55.0

and the fact that they seem to be very good at stopping people from buying houses.

1:00.3

And at the end, as ever, we will have our lightning numbers round.

1:05.4

I know that Kathy's number is 72.

1:08.5

I don't know if that's a reference to the number of hours in three days

1:12.1

or what we're about to find out. So let me introduce her, Kathy, the former hedge fund quant,

1:18.7

who's now a watchdog of all things Tim Geithner related. Welcome.

1:23.9

Hi, Felix. And of course, Jordan Weissman, known to the entire world is the Moneybox columnist

1:30.9

at Slate.

1:31.7

The entire world.

1:33.1

The entire world.

1:35.0

But first, before we talk about Tim Geithner or Christine Legerard or anything else, we have

1:39.8

an update on last week's podcast where we talked about the planned IPO of the Chinese company

...

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