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Slate Money

Who Do Washington Post Boycotts Hurt? Not Jeff Bezos.

Slate Money

Slate Podcasts

Investing, Business

4.3988 Ratings

🗓️ 2 November 2024

⏱️ 52 minutes

🧾️ Download transcript

Summary

This week: Readers aren’t buying Jeff Bezos’ claim that killing the Washington Posts’ presidential endorsement wasn’t from his own business interests. Emily Peck, Elizabeth Spiers, and Anna Szymanski weigh in on how the move may or may not help Bezos and what the WaPo boycott can actually accomplish. Also: How would a Trump victory affect the economy? Badly, economists say. Finally: Facebook laid off two dozen workers for abusing their free GrubHub vouchers as companies crack down on perk abuse. In the Plus segment: The New York Times took a sympathetic look at the parents of Sam Bankman-Fried and other jailed FTX execs. Our hosts found it to be pandering to the anxieties of the paper’s white, suburban readers. How much sympathy do the parents of 30-something corporate crooks really deserve?  Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jared Downing and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

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.

0:15.6

I'm Emily Peck and I'm here with Elizabeth Spires of the New York Times and Slate.

0:20.0

Hi, Elizabeth.

0:21.0

Hello.

0:21.9

And in for Felix Salmon is the wonderful Anna Schumansky of Reuters.

0:26.9

Hey, Anna.

0:27.5

Hello, hello.

0:28.1

So today on the show, there is an election coming up.

0:31.9

We're going to talk about that.

0:33.7

But first, we're going to talk about the drama at the Washington Post, which lost

0:37.9

quarter million subscribers this week after the paper's owner. Some guy, some CEO kind of guy,

0:44.5

I don't know, which guy decided the paper wouldn't run a presidential endorsement. We're going to

0:50.1

talk, yes, about the election, what a Trump presidency or a Harris presidency might mean for the

0:56.4

economy. We are going to look at companies, maybe cracking down on people for abusing their

1:04.3

perks and benefits, especially in big tech. And if you're a Slate Plus subscriber, there is even

1:10.5

a special bonus episode for you all about a New York Times article that is quite sympathetic on the parents of jailed and disgraced crypto executives from FTX.

1:24.8

That's all coming up on Slate Money.

1:39.9

This episode is brought to you by Diet Coke.

1:43.8

Time for a Diet Coke break.

1:47.3

Enjoy what you like.

1:50.6

Just how you like it.

1:54.7

This is my taste.

...

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