Too Big, To Fail, Too Furious
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 25 March 2023
⏱️ 65 minutes
🧾️ Download transcript
Summary
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the rescue of Credit Suisse. They also break down the politics behind federal deposit insurance, and what will come out of this week’s Congressional hearings about TikTok.
Podcast production by Patrick Fort.
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Transcript
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| 0:23.6 | Until 18-plus, T's and C's Money, your guide to the business and finance news of a week in which we had another major bank fiasco |
| 0:49.8 | I'm I do apologize and when I say I mean Felix I'm in the Vaxios that is me I'm here with Emily |
| 0:56.3 | Paxios. Hello? I'm here with Elizabeth Spires. Hello? And yes I apologize for a third week in a row talking about banking, but I promise it's the last. No more banking next week. This week we talk about Credit Suisse and UBS. |
| 1:13.6 | Next week we talk about work from home |
| 1:15.5 | or something like that. |
| 1:16.1 | We'll just do something completely different. |
| 1:18.0 | We are also going to talk about deposit insurance, |
| 1:21.5 | which you probably care about. I don't know, we're going to persuade you that's important and the politics there of and we're going to talk about Tik-Tok and the politics thereof and we're going to talk about Rupert Murdoch in the Slate Plus segment. |
| 1:33.4 | And then we're going to have a Slate Money Succession podcast on Monday. |
| 1:36.7 | It's all very exciting, but keep on listening to Slate Money. money. |
| 1:48.0 | So guys, we had a major upheaval in the world we had a major upheaval in the world of global banking this week, which I feel like we've now had three |
| 1:55.0 | weeks in a row where we're leaving with banking, which is a bit much. |
| 1:58.8 | And apologies to those of you who aren't as interested in banks as I am but you know I did start my |
| 2:04.9 | career at Euro Money magazine is all about banks and this is just amazing to me that |
| 2:10.4 | Switzerland now has basically one big bank when I was a cub reporter. |
| 2:17.9 | It was relatively normal. |
| 2:19.4 | It had three. |
... |
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