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Episode — 2026-10-07: No theme imposed (stated on air): a big headline number with the next number down missing -- $194M with no second signature, $84B assessed with no collected figure, a 40% stake with no term sheet. Takeaway: ask what the next number down is and who would be embarrassed by it. [4:00 PM]
Published 3 weeks, 2 days ago
Description
No theme imposed (stated on air): a big headline number with the next number down missing -- $194M with no second signature, $84B assessed with no collected figure, a 40% stake with no term sheet. Takeaway: ask what the next number down is and who would be embarrassed by it. (4:00 PM render)
Segments:
1. Opening Ritual
2. Light Opener
3. Quick Hits A
4. Deep Dive #1 — The airplane bill
5. Medium #1 — Three years, and the inquiry nobody ordered
6. Deep Dive #2 — The failure path, with a method
7. Palate Cleanser
8. Medium #2 — The AI that was supposed to save money cost a billion
9. Deep Dive #3 — Money in the mailboxes
10. Medium #4 — The advisers and the foreign client
11. Medium #5 — The Fed said something, and the auction said something else
12. Election Mode — the money, the audio, and the map
13. Quick Hits B
14. The Other Front Page
15. Whiteboard — Replacement cost
16. Closing