Money Stuff: The Podcast Thin Gruel: Tetrahedron, Target, Firing
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Dec 13, 2024 Katie and Matt dive into the fascinating world of financial celebrity and its impact on discussions at an ETF conference. They dissect The Onion's bold move to bid on Infowars, uncovering the clash between conspiracy media and legacy. The duo explores the controversy surrounding Target's latest marketing event, revealing the fallout from legal challenges. They also scrutinize insider trading implications through a high-profile SEC case, all while highlighting how businesses must adapt to integrate AI for future success.
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The Onion's Bid for Infowars
- The Onion jokingly bid on Infowars's assets in bankruptcy court.
- Their bid was supported by Sandy Hook parents but had less cash than the other bidder.
Value of Parent's Support
- The Sandy Hook parents' support increased The Onion's bid value.
- They waived potential claims, benefiting other creditors.
Target's Pride Marketing Controversy
- Target's 2023 Pride marketing event sparked controversy and a boycott, impacting their stock price.
- This controversy was similar to, but less impactful than, the Bud Light controversy.