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Slate Money

The Helipad Edition

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 17 November 2018

⏱️ 46 minutes

🧾️ Download transcript

Summary

Amazon’s new headquarters, mayhem with Brexit, and Steve Cohen getting more billions on this week's episode with Felix Salmon, Anna Szymanski, and Emily Peck. In the Slate Plus segment, Felix, Anna, and Emily discuss wealthy Californians hiring private firefighters. Email: slatemoney@slate.comTwitter:@felixsalmon, @Three_Guineas, @EmilyRPeck Production by Max Jacobs. Listen to Slate Money via Apple Podcasts, Overcast, Spotify, Stitcher, or Google Play. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The following podcast contains explicit language. Hello and welcome to the helipad edition of Slate Money, your guide to the business, and Finance News of the Week, Helipads feature.

0:27.0

I am Felix Salmon of Axios.

0:30.0

I write the Axios Edge newsletter.

0:32.0

I am here with Emily Peck of Huffington Post who writes fabulous things for oath and

0:38.4

hello Emily hello and I'm here with Ellamanski who has cast the deciding vote and decided that

0:47.0

Amazon is more important than Brexit.

0:50.0

I'm only saying this because we just had a Brexit edition.

0:52.0

We are going to talk about Brexit because all hell is breaking loose in Britain right now.

1:00.2

It is quite unbelievable. I'm quite happy we just had the Brexit edition so that you guys are all reasonably up to speed on what's going on so we don't need to give you too much background because yeah shit is going down to use the technical term. We are

1:17.3

going to talk about Stevie Cohen because we haven't talked about Stevie Cohen

1:20.4

for a while. The guy has more billions of dollars than he had before, which is not

1:27.4

unusual when it comes to billionaires. But yes, Emily Peck, you are absolutely right, it is all Amazon.

1:35.0

They decided not to do an HQ2 in the end after spending about, what was it, like 18 months,

1:42.0

traveling around the country talking to cities

1:44.8

where are we going to put our HQ2 getting like seven and eight billion dollar

1:50.4

bids from people desperate for this HQ2. They're like, never mind, psych.

1:54.0

Yeah, they got 238 cities to bid.

1:58.0

Amazon did over the past year or so, and in the end they decided to split headquarters to between two obvious choices

2:06.8

Queens, New York, part of New York City, and Arlington, Virginia.

2:10.5

Part of Washington, D.C. and near Jeff Basis is home in Washington, D.C.

2:15.6

And in New York. One is near Jeff Basis is home in New York. I mean, yeah, exactly.

2:19.8

And the helipad title of our podcast today refers to parts of the deal in both cities which require them to build a helipad essentially so Jeff can get in and out really quick.

...

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