Slate Money: Raos Pasta Sauce is the Zoom of Food

Published: Aug. 19, 2023, 7 a.m.

b'Felix Salmon, Emily Peck, and Elizabeth Spiers discuss FDIC chair Martin Guenberg\\u2019s proposal to let big bank debt holders lose money before the uninsured depositors. Also, Rao\\u2019s upscale cornering of the red sauce market leads to its $2.7 billion sale to Campbell\\u2019s. Finally \\u201cThe Wig\\u201d: Argentina\\u2019s right-wing primary winner Javier Milei\\u2019s arresting mop and his plan to toss out the currency.\\n\\nIn the Plus segment: Why can\\u2019t it be Halloween all year round?\\n\\nIf you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our show every week. You\\u2019ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work.\\n\\xa0\\nPodcast production by Kevin Bendis and Patrick Fort.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'