Trade or Treason?
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 28 March 2026
⏱️ 47 minutes
🧾️ Download transcript
Summary
This week: Just minutes before Trump posted about talks with Iran, oil markets saw a flurry of activity. Conspiracy theories followed. Felix Salmon, Elizabeth Spiers, and Emily Peck dissect the suspicious timing of those trades and the possibility of insider trading within the Trump administration. Then, the hosts react to the surprising ruling on Meta and social media addiction. And: OpenAI’s sudden decision to shut down its consumer-facing video generation platform, Sora.
In the Slate Plus episode: The treasury market rom-com
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Podcast production by Jessamine Molli.
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Transcript
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| 0:00.0 | Hello and welcome to Slate Money, your guide to the business and finance news of the week. |
| 0:16.0 | I'm Felix Hammond of Bloomberg. I'm here with Elizabeth Spires of New York Times. Hello. |
| 0:22.6 | With Emily Peck of Axios. |
| 0:23.5 | Hi. |
| 0:27.9 | We are going to talk about insider trading in the oil futures market. |
| 0:37.2 | We are going to talk about whether lawsuits against meta can change its ways. We're going to talk about open AI deprecating Sora. |
| 0:40.2 | We thought it was a big thing. |
| 0:41.9 | We thought it was a game changer. |
| 0:43.8 | Tyler the creator stopped an $800 million project because he saw Sora. |
| 0:48.6 | And now it is no longer. |
| 0:50.4 | It is a dead parrot. |
| 0:51.6 | We're going to talk about that. |
| 0:52.7 | We have a Slate Plus segment about |
| 0:54.7 | Marco Yield, the sexy firefighter in Cedar Falls, which you just need to listen to in order |
| 1:01.5 | to understand. It's a fun one this week. So stay tuned. It's all coming up on Slate Money. slate money. |
| 1:25.6 | So, Emily Peck, as the markets reporter for Axios.com, tell me about the big markets mystery of the $580 million bet that oil was going to move? |
| 1:32.2 | I'm going to just set the scene from my vantage point, which is that last week, it was Sunday |
| 1:39.5 | night and we were like, no, last week it was the weekend. And we were like, let's Last week, it was the weekend. |
| 1:45.2 | And we were like, let's relax. |
| 1:47.0 | It's the weekend. |
| 1:48.0 | But then our president posted something along the lines of Iran has 48 hours. |
| 1:52.9 | And if they don't surrender, I'm going to blow up their power plants. |
... |
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