The 'F**k It, I Quit' Episode

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 27 September 2014

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s episode of Slate Money, Felix Salmon of Fusion, Slate's Jordan Weissmann and special guest Kai Ryssdal of Marketplace discuss the sudden resignation of Bill Gross, founder of PIMCO, the world's largest bond fund; the apparent negative stock value of Yahoo; and what happens when everyone knows their coworkers' salaries. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Revolute. Revolute is your perfect travel
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0:17.9	dot com slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.
0:23.6	Until 18-plus, T's and C supply, exchange fees and fair usage limits apply.
0:30.1	The following podcast contains explicit language. The Fokit It's Contains Explicit Language.
0:34.0	Hello and welcome to Slate Money
0:40.0	The Fuck It I Quit episode of our weekly podcast guiding you through the
0:44.9	important business and finance news of the week you might have seen the
0:49.7	Alaska TV reporter saying those very words as she revealed that she was the owner of a marijuana business
0:56.7	but this week there's an even more important person who basically said exactly the same thing.
1:03.6	I'm Felix Salmon, a fusion in New York.
1:06.0	And as you can hear, we have the instantly recognizable voice
1:10.8	of Kai Risdell in Los Angeles is joining us as an extremely special
1:16.2	guest this week in the sad absence of Kathy O'Neill. We also of course have
1:21.0	slate's very own moneybox columnist Jordan Weisman.
1:25.0	Good to be here as always.
1:27.0	This week we will of course talk about the fall of the Bond King,
1:32.0	the Friday morning announcement, the bill King, the Friday morning announcement that Bill Gross, the legendary Bill Gross,
1:36.7	is resigning from Pimco the fund that he founded and which made him a multi-billionaire.
1:42.8	We'll also talk about Yahoo and its stock price and its valuation.
	...

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