Episodes
- 013 Cars · 25 minute read
The Car So Good It Killed Hudson
In 1929 only Ford and Chevrolet sold more cars than Hudson and its Essex. In 1952 its Hornets won 27 of NASCAR's 34 races. Five decisions later, in 1957, the name was gone, and the merger that ended it created the company that bought Jeep.
- 011 Food · 8 minute read
The Secret History of Heinz Ketchup
In 1903 cheap American ketchup fermented in the bottle and was kept from spoiling with chemicals. Henry John Heinz sold a ketchup with no preservative, backed the 1906 pure food law, and in the year the President's own experts found the main preservative harmless in small doses, he advertised against it. He lost the science and won the market.
- 010 Antitrust · 8 minute read
NASCAR Had to Approve His $28 Million. He Sued Anyway
Michael Jordan's racing team refused NASCAR's take-it-or-leave-it charter contract and sued. NASCAR denied abusing its control of the sport, and the case settled on the ninth day of the trial.
- 009 Lotteries · 10 minute read
MIT Grads Bought 700,000 Lottery Tickets for One Draw
On certain nights, a Massachusetts lottery game's $2 tickets won back at least $2.30 each, on average. Four betting teams, among them one run by two MIT graduates and one led by a former shopkeeper from Michigan, bet more than $40 million on it, and the people running the Lottery knew. The state's Inspector General found the buying legal, and the game a financial success for the Lottery.
- 008 Monopoly · 14 minute read
What Ticketmaster Didn't Want the Jury to See
In April 2026 a New York jury found that Ticketmaster had overcharged concert fans $1.72 a ticket. The Justice Department, which brought the case, had settled with Live Nation and left in the trial's second week. Thirty-three states and Washington DC carried on alone with a lawyer who had eight days to prepare. Live Nation has asked for a new trial, and the judge has not ruled.
- 005 Prediction markets · 12 minute read
He Helped Plan the Maduro Raid, Then Bet $32,538 on It
Prosecutors say a Special Forces master sergeant bet on Polymarket that Nicolás Maduro would fall, hours before the raid he had helped plan. The charges are allegations; he has not been convicted.
- 004 NFTs · 10 minute read
He Stole $5.7 Million in One Night, Then Got Thanked
A Yuga Labs executive took 23,155 NFTs out of strangers' wallets to save them from thieves exploiting the old permissions of a closed marketplace.
- 003 Trading cards · 9 minute read
The Armored Car Robber Who Sold the FBI a Pokémon Card
A former armoured car robber printed his own grades onto genuine PSA labels, in a market where one point on a label could be worth nearly half a million dollars.
- 002 Weight loss · 13 minute read
Ozempic Didn't Kill Weight Watchers. It Might Save It.
In one February, Weight Watchers borrowed $1.5 billion and paid $779 million of it to a single shareholder. The drug arrived nine years later.
- 001 Car washes · 10 minute read
The Quiet Collapse of the American Car Wash Boom
Driven Brands sold 382 car washes for $385 million. The rent that came with them was $812 million.