Streams

Episode #118

Summer Smackdown: Murdoch, Wall Street Banks and Tax Inversions

« previous episode | next episode »

Friday, August 08, 2014

(Getty Images, Peter Macdiarmid/Staff)

This week on Money Talking, a summer smackdown in the business world. First, Rupert Murdoch ended his courtship of Time Warner by sending an email to that company's CEO Jeff Bewkes saying his $80 billion offer was off the table. Has the media world finally hit "Peak Murdoch"? Then, the Federal Reserve and FDIC told 11 of the largest banks that their plans to avoid bankruptcy without causing severe problems for the economy were not up to snuff. And finally, tax inversions. American companies are expressing interest in moving their headquarters overseas in order to lower their taxes. But after Walgreens abandoned plans to "move" to Switzerland, are inversions becoming less popular? Cardiff Garcia of the Financial Times and Diane Brady of Bloomberg Businessweek join Money Talking.

Guests:

Diane Brady and Cardiff Garcia

Hosted by:

Charlie Herman

Produced by:

Daniel P. Tucker

Comments [1]

Anita from Highland Park, NJ

Over and over again, Diane Brady talks over other speakers, often jumping in just before they are done talking as if to make sure somebody else doesn't get in first. And every time she does, it leaves me squirming. Charlie does it a couple of times too, but that's arguably part of his role as moderator. And she even refuses to yield to him in that capacity. I realize that Money Talking is supposed to have an spontaneous, freewheeling discussion format, but it normally manages to do so in a way that feels equitable and respectful. This morning's show made for a downright uncomfortable listener experience. Lighten up, Diane!

Aug. 11 2014 11:17 PM

Leave a Comment

Email addresses are required but never displayed.

Get the WNYC Morning Brief in your inbox.
We'll send you our top 5 stories every day, plus breaking news and weather.