Slate Money

SCOTUS Cracks the Sackler Shield

The Money team discusses two Supreme Court rulings on executive power and the Purdue Pharma bankruptcy and explains the rise of stock market “mega-caps.”

Episode Notes

This week, Slate Money goes to court. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss two big Supreme Court rulings: One that stripped government agencies of regulatory power, and another that struck down Purdue Pharma and the Sacklers’ bankruptcy plan. Also: Giant “megacap” companies rule the stock market. Is that good? In the Plus segment: the once-popular potato has fallen out of fashion, but the hosts make the case for a spud renaissance.

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Podcast production by Jared Downing and Cheyna Roth.

About the Show

A weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon, Emily Peck, and Elizabeth Spiers.

All episodes

Hosts

  • Emily Peck is the cohost of Slate Money and a markets correspondent for Axios.

  • Felix Salmon is a host of the Slate Money podcast.

  • Elizabeth Spiers is Slate’s Pay Dirt columnist. She was the founding editor of Gawker and the former editor in chief of the New York Observer. Prior to Gawker, she was a financial analyst.