Why the global supply chain cracked under COVID
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 14 June 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
Four years ago, the pandemic sent the world economy into disarray. Panic buying led to widespread backlogs, with shipping gridlocks so bad you could see them in satellite images. It all revealed a troubling reality: Our global supply chain is incredibly fragile. Where did things go wrong? We discuss. Also, Tesla shareholders voted to restore CEO Elon Musk’s pay package valued at $44.9 billion, so let’s talk about how CEO pay gets determined.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | My name is Lee Hawkins. I've been a journalist for over 25 years. On my new |
| 0:08.8 | podcast, What Happened in Alabama, I get answers to some of the hardest questions about how things |
| 0:15.4 | came to be for many black Americans and the truth that must come before any reconciliation can |
| 0:21.6 | happen. I investigate my family history, my upbringing in |
| 0:26.2 | Minnesota and my father's painful nightmares about growing up in Alabama. What happened |
| 0:32.1 | in Alabama is a new series confronting the cycles of trauma for myself, |
| 0:37.0 | my family, and for many black Americans. |
| 0:40.0 | Listen now. How does CEO pay get decided? |
| 0:54.0 | From Marketplace, I'm Soree Beneshore in for David Brancaccio. |
| 0:58.0 | Tesla shareholders voted to restore CEO Elon Musk's record pay package last valued at 44.9 billion dollars. |
| 1:06.5 | It was thrown out by a Delaware judge earlier this year. |
| 1:08.8 | The vote is advisory and doesn't mean Musk will get the all stock compensation anytime soon. |
| 1:13.6 | The package is going to be tied up in court for a while, most likely. |
| 1:17.3 | All of this raises questions though about how CEOs are paid in general. |
| 1:21.5 | Joining us now for more on that is Eric Gordon professor at the University |
| 1:24.8 | of Michigan's Ross School of Business. |
| 1:26.8 | Hi Eric. |
| 1:27.8 | Good morning, Sabry. |
| 1:29.8 | CEOs make so much money. |
| 1:31.5 | Is there like a formula for that how is CEO pay set there's actually |
| 1:36.2 | an established process so the board of directors puts together a special |
| 1:40.9 | committee the compensation committee and these are supposed to be |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.