Slate News Slate Money | Illegal Group Chats Are Everywhere
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Mar 29, 2025 A leaked Signal message highlights the illegal use of informal apps in finance, revealing regulatory challenges. Notably, political migration is on the rise as individuals flee states with restrictive abortion laws. The hosts delve into Dollar Tree's sale of Family Dollar for $1 billion, a stark contrast to its earlier $8 billion acquisition. The shift in dollar store strategies also ties into the recent decline in egg prices and the humorous elitism surrounding gourmet egg dishes. Tune in for insightful discussions and entertaining anecdotes!
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Communication vs. Regulation
- Modern communication makes record-keeping difficult, especially in regulated sectors like finance.
- People naturally use various messaging apps, despite SEC regulations, leading to fines.
Shifting Communication Norms
- Pre-pandemic, in-person communication was undocumented, but now digital communication creates records of everything.
- This shift presents challenges for privacy and record-keeping, especially for client-facing roles.
Murdoch's Communication Strategy
- During the Levinson Inquiry, James Murdoch advised sensitive communication should be in person, not email.
- This avoided documentation and subpoenas, highlighting a preference for non-recordable methods.