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EPISODE · Jun 7, 2026 · 14 MIN

The Briefcase That Broke Banking

from Power Plays · host Podcaster

In 2008, a single PowerPoint presentation in a Manhattan conference room convinced the Treasury Secretary to abandon free-market principles and backstop the entire financial system. We trace how one weekend's worth of meetings between a handful of officials rewrote the rules of American capitalism—and why the playbook they created is still being used today. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

In 2008, a single PowerPoint presentation in a Manhattan conference room convinced the Treasury Secretary to abandon free-market principles and backstop the entire financial system. We trace how one weekend's worth of meetings between a handful of officials rewrote the rules of American capitalism—and why the playbook they created is still being used today.

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The Briefcase That Broke Banking

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This episode is 14 minutes long.

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This episode was published on June 7, 2026.

What is this episode about?

In 2008, a single PowerPoint presentation in a Manhattan conference room convinced the Treasury Secretary to abandon free-market principles and backstop the entire financial system. We trace how one weekend's worth of meetings between a handful of...

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