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Slate Money

What’s Going On With Game Stop?

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 30 January 2021

⏱️ 58 minutes

🧾️ Download transcript

Summary

You asked for it! Slate Money devotes the whole episode to explaining the crazy GameStop story that has taken over everything this week. Hope King (formerly of Cheddar, CNN, Business Insider) joins Felix Salmon, Emily Peck and Anna Szymanski to help untangle the situation.    In the Slate Plus segment: What does AMC have to do with all of this? Email: slatemoney@slate.com Podcast production by Jessamine Molli. Twitter: @felixsalmon, @Three_Guineas, @EmilyRPeck Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:21.2

Hello and welcome to the What's Going On with GameStop episode of Slate Money, your guide to the only business and finance story of the week.

0:24.8

As far as we can tell, there has been exactly one story.

0:28.4

It is very rare that we devote an entire episode to one story,

0:31.8

but the demand has been so great that this entire episode is going to be about

0:36.7

Game Stop. I'm Felixaman of Axios. I'm here with Anna Shimanski of Breaking Views

0:42.4

Hello? I'm here with Emily Peck of Breaking Views. Hello?

0:43.0

I'm here with Emily Peck of Huffpost.

0:45.0

Hello.

0:47.0

And because this story is so big and so gnarly,

0:51.0

it wasn't enough to just have the three of us we have a special guest hope

0:55.2

king hope welcome hi thanks so much for having me introduce yourself who are you my

1:01.7

name is hope king I'm a business journalist based in the New York City area. I have covered business for CNN, for Business Insider, and most recently at Cheddar where I was in anger.

1:13.6

Hope is going to help us uncover what people are really saying

1:18.0

about Game Stop because she has done the hard legwork of spending like 27 hours on clubhouse. It's a hard job, but someone's got to do it.

1:26.5

Anna is going to explain why market manipulation is bad.

1:30.5

Emily is going to try and work out whether there's a whole Marxian take to all of this, apparently there is.

1:37.0

I am going to add some stupid assides. This is going to be fun.

1:42.0

And we're going to have a slate plus segment about AMC, which is the mini-game

1:46.2

stop, which is interesting in its own way. I hope that many of your questions will be answered,

1:51.0

although I fear that many of them will not be but do

1:53.2

stay tuned because we have a lot of GameStop content coming up on slate money.

1:59.5

So let's get right into this Emily how many emails and tweets and random people stopping you on the street have you had saying like oh my god I can't wait for you to talk about this please tell me you're going to talk about this on slate money.

...

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