Hello! Welcome to the Bad Deals edition of Slate Money,

your guide to the business and finance news of the week.

I'm Felix Salmon of Axios.

I'm joined by Anna Schmanski

and by Emily Peck of the Huffington Post

who has written a long and fascinating article

in the Huffington Post about deal-making in general and about the

President's deal-making in particular. We are going to talk about that and we are going to talk about the worst deal that I think any of us have seen in a long time which is not anything in America.

It is the Brexit fiasco which managed to become even more of a

fiasco this week if such a thing were even possible. No one knows what's going on

including us but we are going to manage to navigate our way through that.

Anyway, and we are also, we really do need to talk about Jack Bogle because he's a hero. So we are going to talk about

Jack Bogle, the founder of Vanguard and the man who probably saved you

thousands if not tens of thousands of dollars on your investment fees.

Well done to him, thank you Jack.

I must also mention that we will, in the show notes, be posting all of the juicy links that you have been emailing and asking for

In terms of Anna's

Contentions about millennials this was not just pulled out of her bottom. I swear.

There are actual links and they're all going to be in the show notes if you want to click on those

links and see for yourself you are able to do that. So all of that is coming up on slate money.

So Anna and I have had various fights in the past about index funds and the utility thereof and whether they're

systemically dangerous and all of this kind of thing and I don't want to

...