The Story of Money

Latest Episodes:

Running a small business during a global pandemic Apr 14, 2020

Show notes

Mauren Pereira's drapery business was on track for its most financially successful year to date. That was until the coronavirus outbreak reached Virginia. Behind the Money reports on how one small business owner is navigating the current economic crisis. With Brendan Greeley, US economics editor for the Financial Times.

We want to hear from you. Please go to ft.com/behindthemoneysurvey and fill out our survey for a chance to win a pair of Bose QuietComfort Noise Cancelling headphones.

Hosted on Acast. See acast.com/privacy for more information.

Ford, GM and the corporate dash for cash Mar 31, 2020

Show notes

When credit markets seized up earlier in March, more than 130 companies rushed to their lenders to draw down at least $124bn of emergency credit lines to shore up cash, with Ford and General Motors drawing the largest amounts. We look at how the auto industry is preparing for the economic uncertainty that lies ahead. With the FT's Peter Campbell and Gillian Tett.

We want to hear from you. Please go to ft.com/behindthemoneysurvey and fill out our survey for a chance to win a pair of Bose QuietComfort Noise Cancelling headphones.

Hosted on Acast. See acast.com/privacy for more information.

We want to hear from you Mar 26, 2020

Show notes

Behind the Money wants to hear from you, our listeners, about how the coronavirus pandemic is impacting your business and your work life. Email us at behindthemoney [at] ft.com

Hosted on Acast. See acast.com/privacy for more information.

Barclays and the legal fight over a company’s ‘controlling mind’ Mar 17, 2020

Show notes

A costly investigation into the conduct of senior UK bankers during the financial crisis has raised questions about what it means to prosecute allegations of corporate crime, and whether Britain’s fraud laws need overhauling. With the FT’s Caroline Binham and Jane Croft.

We want to hear from you. Please go to ft.com/behindthemoneysurvey and fill out our survey for a chance to win a pair of Bose QuietComfort Noise Cancelling headphones.

Further reading:

Bankruptcy risks rise for US shale (paywall)

https://www.ft.com/content/76c15898-52a2-11ea-90ad-25e377c0ee1f

US energy sector, shunned by investors, has ‘Pearl Harbor’ moment (paywall)

https://www.ft.com/content/254bf634-5677-11ea-abe5-8e03987b7b20

Chesapeake Energy raises doubt over its ability to survive (paywall)

https://www.ft.com/content/46ffa4fc-ffe6-11e9-be59-e49b2a136b8d

The US shale revolution (paywall)

https://www.ft.com/content/2ded7416-e930-11e4-a71a-00144feab7de

The clip of Aubrey McClendon is credited to the Switch Energy Alliance.

Hosted on Acast. See acast.com/privacy for more information.

How Boeing plans to return the Max to the skies Feb 18, 2020

Show notes

Nearly one year after the grounding of Boeing's 737 Max jet, more than 700 of these planes remain on the ground, with costs to the US manufacturing giant estimated to reach nearly $20bn. The FT's Claire Bushey reports on how the crisis unfolded, and what it will take for the aerospace company to return business as usual.

Further reading:

Boeing tightens its belt as Max crisis drains cash (paywall)

https://www.ft.com/content/949eea64-3e44-11ea-a01a-bae547046735

Boeing faces Max hurdle as pilot confidence crumbles (paywall)

https://www.ft.com/content/2c0419cc-3983-11ea-a6d3-9a26f8c3cba4

Aviation: Boeing parks its 737 aspirations (paywall)

https://www.ft.com/content/ad45dd3e-2314-11ea-92da-f0c92e957a96

Grounding a global fleet: Boeing faces its greatest challenge (paywall)

https://www.ft.com/content/53b2142a-4711-11e9-b168-96a37d002cd3

Hosted on Acast. See acast.com/privacy for more information.

Season 3 coming in 2020 Dec 17, 2019

Show notes

A brand new season of Behind the Money with the Financial Times is coming in early 2020. Subscribe now so you don't miss an episode.

Hosted on Acast. See acast.com/privacy for more information.

The state of the Libra project Oct 24, 2019

Show notes

Earlier this year, Facebook announced its digital currency project, Libra, to great fanfare. Just a few months later, the project has stalled amid pressure from regulators and lawmakers around the world. With the FT's Hannah Murphy and Kiran Stacey.

Further reading:

Where it all went wrong for Facebook’s Libra: https://www.ft.com/content/6e29a1f0-ef1e-11e9-ad1e-4367d8281195

Zuckerberg warns blocking Libra will be boon to China tech: https://www.ft.com/content/28c600de-f5a1-11e9-9ef3-eca8fc8f2d65

Federal Reserve sets out regulatory challenges facing Facebook’s Libra: https://www.ft.com/content/ef650f9a-f052-11e9-ad1e-4367d8281195

Hosted on Acast. See acast.com/privacy for more information.

The repo market Oct 03, 2019

Show notes

A key short term lending market came under strain in September, raising concerns that the Federal Reserve's attempt to unwind post-financial crisis intervention may have gone too far. The FT's Joe Rennison explains what has been going on in the repo market.

Further reading:

How the Federal Reserve could fix the repo market:

https://www.ft.com/content/33674380-e4f4-11e9-9743-db5a370481bc

Fed wrestles with role of regulation in repo squeeze:

https://www.ft.com/content/45a9c196-e231-11e9-9743-db5a370481bc

New York Fed rejects Wall St criticism of response to repo turmoil:

https://www.ft.com/content/c267a2f4-dd3e-11e9-9743-db5a370481bc

Hosted on Acast. See acast.com/privacy for more information.

SoftBank’s Masa Son under pressure Sep 17, 2019

Show notes

WeWork was long considered one of the most anticipated IPOs of 2019. For SoftBank, WeWork’s biggest outside investor, the listing would be the moment it made a return on the nearly $11bn it poured into the shared-office provider. Now, as WeWork struggles to take the company public, the spotlight is on SoftBank’s Masa Son and his billion-dollar bets.

Further FT reading:

SoftBank investors brace for Vision Fund writedowns

https://www.ft.com/content/ccdaa9c6-d60d-11e9-8367-807ebd53ab77

WeWork postpones IPO after chilly response from investors

https://www.ft.com/content/b869bc42-d8d9-11e9-8f9b-77216ebe1f17

WeWork: the ‘hypothetical’ company at the heart of the property market

https://www.ft.com/content/0e426c90-8c45-11e9-a1c1-51bf8f989972

SoftBank: inside the ‘Wild West’ $100bn fund shaking up the tech world

https://www.ft.com/content/71ad7cda-6ef4-11e8-92d3-6c13e5c92914

Some of Aimee’s favourite FT reads:

Warren Buffett: ‘I’m having more fun than any 88-year-old int he world’

https://www.ft.com/content/40b9b356-661e-11e9-a79d-04f350474d62