Transcript
Live from the Amazon Prime donut shop in downtown Norwalk Connecticut, it's a Thursday quiz show Thursday here at business. Pants joined as always by Emma headlines Queen lurking. And Matt, wasn't he supposed to be on vacation Miss cardi? I'm not I was feeling you get well eating pancakes. Yep. I guess, I am in today's big-hearted scented bag of crestfallen nuggets called August 4th 2022. I'm a big fat fun quiz. Oh, I'm a lot of things. You are you feeling? You get well, eating pancakes. And I am a big fat Punk with. Well you you added that pronoun. There you you Yeah. Did I you know you did but that's okay. Her big fat, fun quiz. Now truly Can we just stop and address? The fact that I'm not supposed to be here? You gonna preempt my quiz? Amazon's already played the music. I'm ready to go. I well, I can we have some really dramatic danger music because I woke up at 6 in the morning. What's happening? Where my quiz music go. I'm on, that's where this is danger. I am a living Business Insider article. I woke up at 6 in the morning. Yeah. Ready to get into my car to get to the airport. And American Airlines canceled, my flight to go to My Best Friend's Wedding. Good. And gets married. Well, I mean the, the weddings on Saturday so this was like, do you get there? You do a bachelor thing and that I'm helping him set up and like, it's like a whole thing. And now, I'm not there. I'm here. Why am I here? Because they can't cancel it go. They can't cancel it. I don't know. They put me on a random flight in the middle of the night. Right tonight, I would have gotten there like two in the morning and they I didn't have options. So I changed the flight. Myself, I paid 200 bucks a ticket to change my own flight because they canceled it and then I had to call him up and spend like an hour and a half on the phone. Trying to get my money back from American Airlines American Airlines. I am going to preempt your quiz with the quiz, okay? This sounds really impromptu. This. It's just I'm just angry. Yeah. Ready wait before you know the quiz. Why does Connecticut need its own air pro? What's going on? It should it should have three are you don't deserve an Air Force, the best New York. Oh, dare you. Can you tell me out of these three people? Which American Airlines board member is my favorite failure. Oh, ready for this? Yeah. My favorite failure. Is it? A Ray Robinson, who has been on the some version of the American Airlines board for 17 years. And I say some version because he sat on AMR Corp, which was American Airlines predecessor that went bankrupt and that was right around when he was sitting on a different board that went bankrupt. We have a board member who sat on the board for 17 years and he's overseen, two bankruptcies. No, wait a minute, Alex, Jones of Infowars his company. Just declared bankruptcy. You can't tell me. The bankruptcy is a line with failure. Oh, I'm just saying there's a possibility that going bankrupt means you fail to something. Is it B Doug Steenland who took NWA Northwest Airlines into bankruptcy himself when he was the CEO and he did it just so I'm sure just so he could write this on his own Wikipedia page quote, he led the airline through a period marked by severe economic difficulties for US airlines caused by factors such as the after effects of 9/11 the SARS epidemic. The financial crisis of 2008 Rising fuel prices and the Iraq War. Hey Doug, you omitted sucking at your job on that list. Is he is he economic problem aren't 9/11 in the Rock on a combined. I don't do it. I don't like, do you remember how badly Airlines were impacted by the SARS epidemic? Do you remember? Yeah, I remember the boarding. I had a flight to Detroit that was delayed for three minutes. Remember that? Remember that time this is Insider wrote 6,000 words on your delayed flight or is it C? Doug Parker. Who fake retired as CEO to be chair. He Bob eichert to me. That's the American Airlines board. Yeah. And he did that in March of 2021. And that was he got this job after he was the CEO of US Airway Airways, which declared bankruptcy got merged. Yeah. And became American Airlines and he was rewarded with the promotion to see of the merge companies, which one is my favorite failure. Is it Ray Robinson, Doug, steinland or Doug Parker? I'm not gonna pick Doug's, I'm jealous of duck. I'm a co-founder of this company. Well, this shoe Doug's here. It's my dream that as a co-founder here, that I get fired out of my, you know, whatever role I'm doing now, and I just become chair of something that sounds delightful. That's amazing. You just show up. You probably order the pizza which I can do. I know a lot about pizza. So not him, Doug steenland's. They all it's kind of the same. These are the same people Emma. I don't really understand. They're all they're all bankrupts Matt, Matt wouldn't you know who? Matt it isn't that's not Matt's kind of trick. That's not what they tell me to do. Matt likes to have some extremely convoluted borderline unknowable reason for us to guess at in terms of who is his favorite it's either it's definitely either two separate bankruptcies or he really hates that this guy's Wikipedia page complains about the SARS virus. I write I think. Doug Parker myself. Oh, I'm going, yeah, I'm going to Parker Parker. You're both wrong. It's all three. I hate them all this. They're all like, no good quiz. Here's question. Number two. Again, James very impromptu. I'm just I made this all up as its off, the top of my head to college. James Alba has been on the board for a decade and has the most connections to the other board members of anyone else on the board. How many is just guess the number, how many friends of friends does he have on this 14th? Yeah, friends of friends. Meaning Jim Jimmy King call person a who knows person B who sits on the board with them, right? Like, it's basically like Oh, when you go to a cocktail party, you're guaranteed to see that person. They're like an acquaintance you but you know them, right? Is it a five? He has five friends of friends and keeping in mind is a 14 person board. That's too low. B 7 too low C 10 maybe or D 14 that's the funniest answer. I'll go for 14 D I'm going 10. It is 10 EMA is right, it is 10 and guess where you can get that data, our metrics. All right, because we're tracking your stupid friends of friends because they're so crony and interconnected, it's ridiculous. And my final question is, should business inside or do an 800 word expose on my flight to My Best Friend's Wedding being canceled. Spontaneously, this morning, sub-question in the biopic that they inevitably will make of this from the trauma of my canceled flight, who should play me in the Netflix. When Netflix option is it, what do I always in my head? What do I always say? Bye optic. What's wrong with me? Something. That's how it looks you. This did anybody, anybody cry? I, if I felt human emotion, I might have Okay, so hmm. I'm anybody did you do any yelling? Did anybody I was disgruntled? Yeah, I snapped at my children. When they were getting ready article Emma, I mean, they're still getting married. I actually know. It shouldn't be an 800 word expose a I think it should be a 1600 word Expo. Oh no, yeah, including including maths wife's car sickness, which doesn't enable him to drive. The fact that rain would be a bazillion dollars. One Way mentioned this hours. That's just she just spewing truth. I'm she's living the truth and the more play you in your neck. Yes biopic I think I'm gonna go. Oh my God, there's so many options for me. I was gonna go, Paul Reuben. I was gonna go Emma Thompson. Oh, I like the diversity play with Thompson. Wait why am I so is it diversity play all? So to make me older like significantly old. I was hoping I was thinking about like her role actually, when she finds out that Allen, Guy who plays Snape his last name is escaping me when his husband. He saw her and she cries in her bedroom and I, you were saying that you were hoping for some human emotion and I was like, oh Emma, Thompson can really imbue you sister with that very specific answer? Yeah, I don't know. Look what Damien shows a like convicted child pronography guy, so looking at your hair and I was thinking who is correct? Yeah, being a 65 year. Old woman is preferable to be played by that to A someone who's convicted of child, pronography. I don't know how to top that. What's your dumb quiz? I don't want to be here. I don't know if I even have to try. I don't want to be here so make it okay. Well I'm just playing music. I Feel like I can't top that but I'll give it a shot. Here we go. I'll even want to do this quiz. It's so stupid. Here we go again. Everything we do here based on actual stories, actual headlines. Even actually didn't get on my flight this, even all the nonsense that matches presented. Its that was an actual corporate governance analysis. Just saying, yeah, you should be look if your flight gets canceled, don't yell at the, the poor person on the end of the customer. Service line who's just getting yelled at by every customer. If your flight gets canceled, write a letter to the board and be like, how do you still have a job? You fail, up your entire life. How are you still here? That's all yelling at the, at the operator's old-fashioned capitalism. We exercise. Stakeholder. Capitalism here, we we decide which capitalism to yell at, and we were picking the management. So I'm just saying that was all real and those are the people. You should be angry at because their decisions mean that you are stuck in Guadalajara for three more days with just sweatpants, All right, Damien let's go. Group says, it's stepping back from its metaverse dating planes. Citing the economy and uncertainty about what Will and won't work on the new platform. What was the proposed name of match? Group's match groups, metaverse. Dating platform. Was it dick town? Chick. You might be laughing at the right answer. Careful chick town. Singletown, swinger City or new date City. I'm not laughing at the not. I'm I know your brain. And there's no way. It was Dick Town. It was something it was. I'm gonna go with It can't be chicktown. Swinger City can't be that new date City in single towns. Seem to be the only options Emma? I don't know. I'm probably knows it if she named it. I think it's, they hired a whole marketing department and creative team to come up with new date City. I'm quitting everything and becoming this. Oh clearly I'm better at stuff very close to nudie city, which I don't think they're going for either. So I'm going to go single Town, Austin. Thank you, match group, CEO Bernard Kim lists four pillars to the secret of his success. Again, this is the the new match group, CEO Bernard, Kim four pillars, The Secret of success, they are sleep nutrition activity. And what is it sex? Family. Gaming meditating or barbecuing. Oh, I mean am I don't I have an immediate gut reaction. Really to like eliminating things. Oh eliminating. Sure. I think I know what my answer is. Am I smiling? I mean, family and meditating seem to be the only thing in the real question is, does Bernard Kim have any family? I don't even matter ahead of match. I don't think it matters. Funny question is not, I don't think he would count them as an integral part of his success. I'm going. Oh, Yes, he's going with meditating. I I I'm, I will go with family just to be different from Emma. Although I'm very torn between the two. Yeah, the four, here's the giveaway. The former president Zynga list, the gaming as the fourth most important, the fourth Pillar To His success gaming. Wait. Gaming. Oh look, I'm just reading the news. That was maybe it should have been called dicktown. This is your new CEO at match group. This is what you hired, a recent business, inside our article that describes Bernard Kim's typical day, okay? Recent describes his typical day, right? Breaks it down hour by hour. I hate these articles. You're still this one. You're gonna love this one. What does match group CEO Bernard cam do between 7 a.m. and 8 a.m. anybody games. Matt. Well, no, well, that would be a way to guess. Read The Wall Street Journal. Isn't that what they all do? He drinks coffee? That's it. Really. I crap. You know, an hour that is it? I crap. You know. That is it. Can you imagine our of coffee one hour? All right, gets better. Is he staring with the meditating again? This is an actual article from Business Center. What this match group? CEO Bernard Kim do between 9 a.m. and 5 p.m. Come on. It's just laziest. This is, this is a real article. I'm reporting a real article. I'm not making any of this up. What is he do between 9 a.m.? Yeah, he's going to the office, he's talking to people. Yeah. I don't know how he got that, but that's right, he works. He works. He works. Oh wow. That's the actual answer. Yeah, I have the link. The businesses are actually it says between 9 a.m. at 5 p.m. he works. What does match group CEO again this is from the article what this match group, CEO Bernard King do it noon? Blood. Eat lunch. Please don't be at lunch, he didn't give us a time. It didn't say 12 to watch, how do you from the moment? It hits noon to before it hits 12:01. He just 1201, I'm gonna be honest shovel, I'm gonna be honest. It actually said 12 p.m. I actually I called it noon but you're right. I'm a heat lunch. And finally, what does match group CEO Bernard? Kim do between 6 p.m. and 7 p.m. has a night. Yeah, only two options. I'm very disappointed family. He eats dinner, he eats dinner. Oh. This is what this. is our of the Sea. And his day is the power of the song. I think I couldn't have thought of a better paraphrase. The power of the CEO. Okay, this is all again. All real, let's move on to Jeff Bezos. Speaking of powerful CEOs, he's really a god of CEOs. His mega yacht back in the news, it was quietly towed from a Dutch Shipyard. After the company building at scrapped it, the company building at scrapped a request to dismantle a historic bridge, to let it pass. The 417 foot vessel known as y721 has an estimated cost of $500. 500 million dollars. It's 417 feet long. This thing, Emma. How tall diamonds? I don't understand how tall 500 million dollars. How tall is a giant? Sequoia? Anyone? Giants? You do this. Please don't make me. Guess. How tall things are? I can anybody? Yeah, for those of you who don't watch the live stream and can't tell from the live stream because you can really only see our heads anyway, Emma is like one foot tall. Well, let me help you out, I'm just saying Jeff Bezos. New mega yacht, is 417 feet. How tall do you think a giant sequoia is? This is like my worst. I don't know. 300 feet. Yeah, it doesn't matter. I'm just making a goofy Point. 400 feet. I don't know. Is it the yacht? The question you're asking is the bigger or smaller than a square? I'm gonna go with Baker. Okay. Tell me how tall. I'll make it easy all rush over this part of the quiz. I'm because I see you score me. A giant sequoia is 250 feet. Okay. A Big Ben Big Ben in London 310 feet. That's right his yacht is 107 feet tall in the Big Ben and finally the Great Pyramid of Giza. Oh wait the wind goes to the Great Pyramid of Giza. 430 feet is 13 feet tall. Yeah way to get their ancient Egypt. Yeah, nicely done. Don't worry I don't worry don't so good. Finally someone made something that bigger than Jeff bezos's. Yeah I can't think about that. This will make you feel better. Emma. So he paid 500 million dollars and estimated at least 500 million dollars on the on the mega yacht. The Bezos Earth fund announced just in June 2022, and investment dedicated explicitly to Marine protection. That's not very important at the United Nations, ocean conference. How much was that? New Grant one million? Matt, wow, that was right out of the gate. I think it's it's I mean, it would be funny or if it was like 250,000, like less than a like a college education, but I will, I will see someone. I will go with 10 million. It doesn't matter. It's 50 million dollars. I'll just make a silly 50 million dollars Marine protection. I just thought it was funny because the the mega yacht goes into the water, it's kind of nice. All right, true or false? This wrap it up, wrap up this part of the jet Bezos part, true or false. Basis is super yaw, yaw is actually missing a helipad, okay, because it has three enormous masts, most of these Mega Yachts have helipads for the, for the CEOs, for their helicopters, right? But this one's actually true or false. This one's missing a helipad so Bezos. And his helicopter pilot partner have commissioned a second support yacht complete with a helipad. So, true or false basis is mega yacht is gonna have a support ya with a helipad following his new yah around true or false. I think this is false because I think it's going to be mad. I like, I want to just pause on the word missing. Like wait what? Yeah. Technically. True missing. Yeah. Is that true or false? It makes it sound like they missed it like like I'm gonna go with. This is true and I'm going to go with the second support yacht, is actually bigger than the Pyramids of Giza. There is no second support yet so you can both stopped spreading that rumor. But yes there will be a support you with a helipad and Emma that support. Yeah. Is not included in the initial half a billion dollar estimate for the soup for the mega yacht just so you know, I mean. What else is he spending his money on moving on? I don't know, as long as he's as long as he's committed to his fiduciary duties. I think we're okay. Moving on. Oh, and finally. Finally, The Senate could vote. As soon as this week on a climate and tax bill, that if passed would hand a good deal of power to an obscure group of accountants Norwalk Connecticut. Okay. That's because much of the bill will be funded by a 15% minimum tax in corporate profits, nearly 50 years ago, the SEC gave responsibility for writing and updating it's generally accepted accounting principles which determine how cordially an annual profits are calculated to the Fazbear while it's just to Fazbear, right? The Financial Accounting Standards Board fast but you know about Fazbear, right? You're Fazbear Fanboy. Yeah, that's I have the hat so fast be about to get a lot of power. Here. Is what I'm getting to look up. Be ready to be handed. A boatload of power, mega yacht full of power and who knew they were based in Norwalk Connecticut, something happened to normal like second support yacht versus power. But okay, here's the question because we actually are doing a quiz Fazbear has seven members. Again, this is going to be a very important board here. Seven members. How many of Fazbear 7 board members are white Oh, the 100 of the seven. Emma. Are we waiting for just confirmation? You look for my to push my soundboard. Crap. The bed? The answer. Yes, is seven. It's not as fun with the sound effects is it? No, it's not. Okay. And finally true or false Fazbear which was founded in 1973 has never had a board member of color true or false. That's true. No, it might have accidentally had one like somebody who was like one tenth, you know, something so, I'm gonna go with True. But unknown. Again, I don't have any access to my sound effects, I now the quiz just sounds very sober and sad and crying. Unfortunately it's true. This never had a board member of color but and that's the end of your very uplifting quiz for August. 4th, see how Reliant I am on the stupid sound effects? Really yeah man we really have no show despite all the research. All the news that we uncover, all of our important exposes about black rocks reporting from 2021 versus today. We're really just a an organization that relies on stupid sound effects. It's all we really are. You're like a 1986 New Jersey radio detail. Dare you guys like how dare you for? Yeah, traffic on. 95 is looking good. We'll be back to you with the news like that, that's our show. Now, speaking of our show, right to American Airlines into fast and Business Insider, because I want to get rid of, I want to be the one who businesses inside her calls and they're like, I'm not weeping because I didn't make it to the wedding. I'm like ranting at Doug, steinland on the board. Why does business inside are not ever talked to the One customer who ran about the board? Member who felled up. Make that me you listening I will say that's our show American Airlines more people of color in the board than Fazbear. To win. Yeah, it's it was a win really high bar and they finally crossed its Damian Ross. And I'm like, I'm at Mascari, we are free full media come back tomorrow when I shouldn't be here, but if Doug, Steenland has his way, I must still be does. So I'm I don't know where I'm going to be tomorrow. Hopefully not here goodbye.