Behind the Money

Martin Wolf, FT columnist and editor, joins the show to answer listener questions about finance, markets, and the economy. They discuss topics such as the impact of interest rate hikes, the effects of increased mortgage payments, the importance of interest income for banks, regulatory changes since the global financial crisis, Germany's economic struggles, and the unpopularity of subsidy cuts.

Political scientist Ian Bremmer discusses the shifting global power dynamics and the impact of the evolving global order. He explores the reasons behind geopolitical tensions, the rise of the digital order led by tech companies, and the power dynamics between tech companies and governments. He also delves into the future of AI regulation and the role of governments.

Author Amy Edmondson, the world's most influential organisational psychologist, discusses the value in failure and the flaws in Silicon Valley's 'fail fast, fail often' mantra. They explore the concept of 'intelligent failure' and the importance of psychological safety in addressing failure. They also discuss the challenges and benefits of radical candor in organizations and the shift in mindset towards embracing failure. The speaker reflects on risk aversion and gives advice to beaten finalists in the book awards competition.

Former head of Lebanon's central bank, Riad Salameh, is embroiled in scandal and accusations of embezzlement that contributed to Lebanon's economic collapse. The podcast explores the allegations, investigations, and the role of the political establishment in the crisis. It also discusses the potential consequences of Lebanon's war and the challenges faced in rebuilding the economy.

The podcast explores the potential of the carbon credit market to explode, benefiting different countries. It also discusses concerns about accountability and human rights issues in the unregulated market. The role of the UAE in carbon markets is examined, along with comparisons to Switzerland and Singapore. The challenges of carbon credits in Liberia are explored, including concerns about profit distribution. The risks of expanding the carbon credit market are discussed, including the potential misuse of carbon offsets.

Dan Och, hedge fund manager, discusses the saga of his hedge fund's decline and the bribery scandal. The podcast explores the risks of relying on a few talented individuals, the strained mentor-protege relationship, and the eventual sale of the fund. It also delves into negotiations, the challenges of transitioning beyond the founder, and the differences between hedge funds and private equity firms.

The podcast explores the decline of the London Stock Exchange and why British companies are choosing to do their IPOs outside of the UK. It delves into the story of the London Stock Exchange's transformation, the downfall of Robert Maxwell's publishing empire, the impact of pension scandals, and the challenges faced by UK companies in listing on the London Stock Exchange.

A new culture podcast called Life and Art explores topics on living a good life, food and travel, philosophy, and creativity. On Fridays, three FT journalists discuss cultural releases in film, TV, music, and books. Hosted by Lilah Raptopoulos with special guests.

Citigroup's restructuring plan led by CEO Jane Fraser, the challenges faced by the bank, and her determination to bring significant changes. Discussion of managing layoffs, future goals including building relationships, growth in wealth management, and maintaining a competitive investment bank.

This podcast discusses the concerns and potential consequences of developing superintelligent AI. It raises questions about the ethics of creating conscious AI and the potential risks associated with giving them unlimited power.