Artwork

Zero Sum Empire and A Census of the Billionaire Class에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Zero Sum Empire and A Census of the Billionaire Class 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Player FM -팟 캐스트 앱
Player FM 앱으로 오프라인으로 전환하세요!

A Song of Fire and Chainsaws: Sumner Redstone and Michael F. Price

51:27
 
공유
 

Manage episode 242073227 series 2543152
Zero Sum Empire and A Census of the Billionaire Class에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Zero Sum Empire and A Census of the Billionaire Class 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
First, we realize that we don't know what words like dude, buddy, bro, chief, and man are called. (I looked it up after the show. They're called "colloquial vocatives"). Billionaires in the News this week: Robert F. Smith. Smith is a billionaire who makes his money by investing in enterprise software. He recently pledged to pay off all of the college debt of the Morehouse College's graduating class of 2019. That's great for them, but highly visible philanthropic gifts reinforce the idea that social problems can be meaningfully addressed informally by promoting a sense of noblesse oblige in the super wealthy. Joe makes the very good point that philanthropic giving is chaotic in the sense that it is guided by the whims and experiences of individual rich people. That's a bad way to try and fix social ills. Anyway, Smith is married to a Playboy bunny, opposes closing the carried-interest loophole, and describes his so-called philosophy as "an unusual amalgamation of laissez-faire survival of the fittest and a progressive desire to open up opportunities for the disadvantaged in the world." In many ways, then, he is a pretty typical billionaire. https://www8.gsb.columbia.edu/articles/columbia-business/private-equitys-philosopher Next, we talk about our most well-known billionaire thus far: Sumner Redstone, owner of National Amusements. National Amusements is the parent company of Viacom, CBS, and other media properties. Redstone thinks he's immortal and immune to all disease. Here's a link to the Larry King interview Joe was quoting from. It's a real treat. https://www.milkeninstitute.org/videos/view/a-conversation-with-sumner-redstone-if-you-could-live-forever-what-would-life-be-like?BackURL=%2Fvideos%2F Last, we discuss Michael F. Price, a mutual fund manager who was famous in the 80s for taking over companies and bringing in CEOs to fire everyone, raise the stock price, and create value for shareholders. His most famous exploit was when he hired "Chainsaw Al" Dunlap to run Sunbeam, a small electronics company.
  continue reading

33 에피소드

Artwork
icon공유
 
Manage episode 242073227 series 2543152
Zero Sum Empire and A Census of the Billionaire Class에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Zero Sum Empire and A Census of the Billionaire Class 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
First, we realize that we don't know what words like dude, buddy, bro, chief, and man are called. (I looked it up after the show. They're called "colloquial vocatives"). Billionaires in the News this week: Robert F. Smith. Smith is a billionaire who makes his money by investing in enterprise software. He recently pledged to pay off all of the college debt of the Morehouse College's graduating class of 2019. That's great for them, but highly visible philanthropic gifts reinforce the idea that social problems can be meaningfully addressed informally by promoting a sense of noblesse oblige in the super wealthy. Joe makes the very good point that philanthropic giving is chaotic in the sense that it is guided by the whims and experiences of individual rich people. That's a bad way to try and fix social ills. Anyway, Smith is married to a Playboy bunny, opposes closing the carried-interest loophole, and describes his so-called philosophy as "an unusual amalgamation of laissez-faire survival of the fittest and a progressive desire to open up opportunities for the disadvantaged in the world." In many ways, then, he is a pretty typical billionaire. https://www8.gsb.columbia.edu/articles/columbia-business/private-equitys-philosopher Next, we talk about our most well-known billionaire thus far: Sumner Redstone, owner of National Amusements. National Amusements is the parent company of Viacom, CBS, and other media properties. Redstone thinks he's immortal and immune to all disease. Here's a link to the Larry King interview Joe was quoting from. It's a real treat. https://www.milkeninstitute.org/videos/view/a-conversation-with-sumner-redstone-if-you-could-live-forever-what-would-life-be-like?BackURL=%2Fvideos%2F Last, we discuss Michael F. Price, a mutual fund manager who was famous in the 80s for taking over companies and bringing in CEOs to fire everyone, raise the stock price, and create value for shareholders. His most famous exploit was when he hired "Chainsaw Al" Dunlap to run Sunbeam, a small electronics company.
  continue reading

33 에피소드

Усі епізоди

×
 
Loading …

플레이어 FM에 오신것을 환영합니다!

플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.

 

빠른 참조 가이드