The Shaky Ground Edition

Slate Money

Slate Podcasts

Investing, Business

4.1 • 1.1K Ratings

🗓️ 15 September 2018

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The financial collapse ten years later, how it brought on fracking, and a look at the future of the markets on this week's episode with Felix Salmon, Anna Szymanski, Emily Peck, and Bethany McLean. In the Slate Plus segment, Felix, Anna, Emily and Bethany discuss McLean’s other other book about Enron. Email: slatemoney@slate.comTwitter:@felixsalmon, @Three_Guineas, @EmilyRPeckProduction 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	Hello and welcome to the shaky ground edition of Slate Money, your guide for the business
0:18.6	and finance news of the decade, I think.
0:22.2	We're going to take a big picture view of things right now in case
0:27.5	you hadn't noticed which I'm sure you had it is the 10th anniversary of Lehman
0:32.4	Brothers going, and we, by we I mean me, Felix
0:36.5	Salmon of Axios and Anna Schmanski, and Emily Peck of the Washington Post are Washington Post.
0:44.4	And Emily Peck of the Huffington Post, which rhymes.
0:48.8	And Emily Peck of the Huffington Post.
0:51.1	Hello.
0:51.7	Are joined by the expert on all things financial crisis.
0:56.9	You literally wrote the book on it.
0:58.7	It was called Shaky Ground Three, no Shaky Ground Two. all the devils are here this is the one and only
1:06.2	Bethney mccain welcome back thanks for having me
1:08.6	Bethany wrote four books and the running joke is that all called Shaky Ground.
1:15.2	The first one was about Enron, which famously collapsed.
1:18.5	The second one was about the entire global financial system which famously collapsed.
1:23.2	The third one was about Fannie Mae and Freddie Mac which famously collapsed.
1:28.5	And the fourth one is about fracking. Fracking, which is all about basically taking a bunch of shale rock and making it
1:36.0	collapse. We hope not quite collapse we hope not quite collapse we hope not quite
1:42.0	collapse we may not get into the subject of earthquakes. When we talk
1:46.1	about your new book which is called Saudi America. The truth about fracking and how it's changing the world.
1:54.0	So we're going to talk about that because it turns out that the whole fracking industry
	...

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