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Corporate Gossip

Nitetoast media
17 episodes   Last Updated: Jun 10, 23
From boardroom shakeups to c-suite scandals, the Corporate gossip podcast brings you all the Wall Street tea. Becca Platsky (@corporategossippod), who is known on TikTok for her funny takes on business news, is your host.

Episodes

Bonus Episode!!  It's like Jaws if everyone in Jaws worked for Jaws! It's the true story of Rupert Murdoch's main hustle (News Corp) and his side hustle (emotionally and financially manipulating his children). We trace Rupert's (aka RuMu) rise from under the thumb of his father, the original Murdoch Megalomaniac, to become an Australian media mogul. Then, he journeys to the UK and the US, leaving a stinky trail of editorial corruption wherever he goes. Strapped on his back are three of his grown children, Elisabeth, Lachlan, and James, who are pulling and poking at one another as they battle for daddy's treasure: the top spot of the Murdoch Empire! We're on Youtube!!  Pictures of the Murdochs and research links are on our  Substack!! Support the pod by buying us a coffee Check out our reading list  Tiktok: @corporategossippod Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com)  Produced by: Michael Albanese @bigmanmike    
SEASON 2 FINALE!! Thanks for your support this season, we'll be back with Season 3 later this summer!!  Don’t forget to rate and review this podcast. Becca and Adam flew close to the sun last week and decided to end the season on a high note. We answer some listener questions and crown our 2023 Corporate Cutie before getting into some feel-good Corporate Gossip. The Costco story (18:45) is straight from a Jack Welch nightmare. Low CEO pay, a modest corporate headquarters, and no private jets?!!! Despite skimping on executive perks, Costco became a retail giant, peaking at #11 on the Fortune 500 list. And they did it without layoffs, downsizing, or offshoring… suck it McKinsey!! This episode has no strip clubs, accounting fraud, or subterfuge…  BUT it does have threats of MURDER!! Support the pod by buying us a coffee Check out our reading list  Tiktok: @corporategossippod Website: corporategossippod.com Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com)  Produced by: Michael Albanese @bigmanmike Timestamps: 01:00 - Intro (Confirmation that John Flannery is, in fact, still alive and thriving!! and our close encounter with Andy Cohen and why we’re wrapping season 2 06:00 - Listener Questions 15:00 - Corporate cutie awards 2023 18:45 - Costco: Kings of Kirkland Links: Weddings by Costco Costco foodcourt challenge Costco CEO Craig Jelinek Leads the Cheapest, Happiest Company in the World Link to chart with revenue / salary Amazon and Walmart have raked in billions in additional profits during the pandemic, and shared almost none of it with their workers (Brookings institute expose)
May 05, 2023
Enron Rules
Submit a question for us to answer our final episode of the season by sending us an email becca@nitetoast.com!! Don't forget to rate and review this podcast!!  This is a true Corporate Gossip Exclusive: The ONLY comparative exploration of Enron and Vanderpump Rules.  On a summer day in 2012 in a restaurant garden in Weho, waitress Schena Shay confronts Housewife Brandi Glanville about the rumors of infidelity surrounding Brandi's husband, Eddie Cibrian. Narratively, this scene breaks the seam between the women of Real Housewives of Beverly Hills and the servers who tend to them. And television's crown jewel is born: Vanderpump Rules.   Few know that there was another cosmic seam that ripped at the same moment, and merged two dimensions along thematic parallels: cheating, fraud, topless bars, uppers, women's rights, and women's wrongs. If you're a Vanderpump girlie who wants to get into Enron or an Enron bro who wants to get into Vanderpump - this is ENRON RULES!  We explore the Enron collapse by meeting each of the main players and following them throughout the Enron story. We'll start with the villains who commanded the corporate clusterfuck and then meet the heroes who had the guts to defy them.  This episode also features our DAD! @Jeffplatsky Take our listener survey!  Support the pod by buying us a coffee Check out our reading list  Tiktok: @corporategossippod Website: corporategossippod.com Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com)  Produced by: Michael Albanese @bigmanmike Timestamps / Cast of characters:  6:00 - Introducing our DAD, the original corporate gossiper! 10:00ish - The Enron Scandal as told through the eys of the villains and the heroes:  The Villains:  Enron CEO Ken Lay aka Tom Schwartz Enron COO / CEO Jeff Skilling aka Jax Taylor Enron CFO Andy Fastow aka Tom Sandoval Bonus Villain! The Analysts aka Ken Todd and Lisa Vanderpump The Heroes:  Enron Whistleblower Sherron Watkins aka Kristen Doute Enron Whistleblower Margaret Ceconi aka Lala Kent Fortune Journalist Bethany McLean aka Schena Shay Links: How Enron Blew It The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron (Book) The Smartest Guys in the Room (Movie) You're Wrong About: Enron (Podcast) JUST DESERTS? / A year ago, Francine Cavanaugh tossed a pie at Jeffrey Skilling for gouging Californians now the former Enron CEO is under fire in Washington  
A SUPERSIZED EPISODE!! Two pods in one!!!  Take our listener survey! Rate and review this podcast!  Jack Welch is our collective Corporate Villain origin story. Potentially the most famous American CEO, Welch, like so many of the leaders we cover on this pod, possesses a dangerous combination of ruthlessness and incompetency. Adam and Becca trace his meteoric rise and salacious downfall before passing the reins of turd mountain (GE) to a series of doomed successors. Our apologies in advance to the fine people of Massachusets for our repeated unsuccessful attempts at a Boston accent.  P.S. John Flannery if you're reading this right now we love you please come on the pod <3333  Support the pod by buying us a coffee Check out our reading list  Tiktok: @corporategossippod Website: corporategossippod.com Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com)  Produced by: Michael Albanese @bigmanmike Links: How Jack Welch’s Reign at G.E. Gave Us Elon Musk’s Twitter Feed Was Jack Welch the Greatest C.E.O. of His Day—or the Worst? Jack Welch: Managerial Genius Who Made One Disastrous Mistake Harvard Editor Faces Revolt Over Handling of Welch Story Pic of Welch and Suzy making out  Former GE CEO Jeff Immelt on his controversial legacy: ‘I don’t want to hide’ GE Cuts Larry Culp’s 2022 Pay After Shareholder Protest Corrections:  GE is still the largest manufacturer of jet engines. Rolls Royce is #2 in the industry.   
Take our listener survey!  If Theresa Giudice opened a mediocre fast casual sandwich shop it would look like Subway restaurants. Founded in part by a 17 year old from the Bronx named Fred Deluca, Subway would become the world’s largest fast-food chain. But while Deluca's family was raking in that sweet meatball money, their franchisees were in honey ham hell. Once the sandwich king, Subway now faces serious lawsuits and FTC investigations amid dwindling sales. How did this chain, known for its "definitely 100% real, seriously guys I promise it really is tuna" sandwiches tumble to the bottom of the food chain? Find out on this episode of Corporate Gossip! Support the pod by buying us a coffee Check out our reading list  Tiktok: @nitetoast  Website: corporategossippod.com Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com)  Produced by: Michael Albanese @bigmanmike Timestamps:  1:50 - Fred Deluca opens the first Subway with $1,000 and a bag of tuna and quickly realizes that making franchise royalties is wayyyyy easier than making a hot italian sandwhich.    5:15 - Deluca is Tiny Time vibes with a Scrooge personality.    7:40 - The most haunted calendar of all time is created by Deluca and his colleagues. They literally take pictures of themselves shirtless around the office. Deluca is Mr. January.  12:30 - Subway becomes the LuLaRoe of fast food restaurants.  16:00 - Wokeup this mornin' and I got myself a sub.... Subway's hitmen set their targets on francisees. 22:30 - J*red F*gle, I don't think I need to say anymore.  26:00 - After his death, Deluca gives his estranged wife the ultimate anniversary present... half of a dying sandwhich company!  31:50 - Subway's requirement for a new CEO? Sharing the majority of the founder's DNA.  37:00 - You know what they say about mixing business with family? It literally always works every time! You should def do it!  40:00 - Subway spends millions of dollars on a rebrand and a ton of celebrity influencers but their sandwhiches still suck.  44:20 - Subway's future looks as grey as their tuna.  45:45 - Find out what fast food restaurant you are based on your zodiac sign. Links:  SubCon 2023! (Subway Convention)  Subway cofounder Fred DeLuca ruled the company like a demigod and pursued wives of franchisees. How one man sent the world's biggest fast-food chain into a tailspin Subway does franchisee damage control after John Oliver segment: memos Subway Got Too Big. Franchisees Paid a Price Inside the 2 secretive billionaire families that own Subway, as they face backlash from furious franchisees Judge rules Subway can be sued over claims that its tuna sandwiches contain other fish species or animal products New Subway sandwich menu items taste just as vile as the old ones What fast food are you based on your zodiac
Take our listener survey!  This episode is Not Safe For Work / Your Harvard MBA class  Professional Canadian... sorry, Professional COMEDIAN, Nathan Macintosh joins Becca to fix capitalism. It's so easy it literally took us less than an hour guys. We discuss a few interesting proposals to address capitalism's systemic problems, AND plan the first EVER Corporate Gossip Cruise / Davos for the rest of us.  Support the pod by buying us a coffee Check out our reading list  Tiktok: @nitetoast  Website: corporategossippod.com Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com)  Produced by: Michael Albanese @bigmanmike Timestamps:  10:00 You Better Work Betch: Full employment guarantee  20:00 Go back in time and destroy Reagan!  31:00 YOU can get a house without waiting for your parents to unalive 42:00 A cult classic: The Four Day Work Week!  Links:  Nathan Macintosh: Money Never Wakes  National Industrial Recovery Act of 1933 (Aka the Works Progress Administration) The Accountable Capitalism Act of 2018 Investment Firms Aren’t Buying All the Houses. But They Are Buying the Most Important Ones Opinion: Bernie Sanders is right about capitalism
Take our listener survey!  Join Becca and Adam on a journey that starts in in a smoky Texas hotel lobby in 1967. We'll pass trough a decomposing sportatorium off the Dallas freeway in 1992 and end at a contentious company sponsored JoJo concert in 2022. Once a shining star in the skies over the Texas Plains, Southwest experienced a slow and then sudden descent after the departure of it's distinctive founder. Executive would try to repair the damage, but for many it was "Too Little, Too Late." Support the pod by buying us a coffee Tiktok: @nitetoast  Website: corporategossippod.com Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com)  Produced by: Michael Albanese @bigmanmike Links:  Video of the Malice in Dallas Southwest Airlines Engine Explodes in Flight, Killing a Passenger Column: The guilty parties evading blame for the Southwest meltdown are its board members Southwest store  Southwest Airlines Faces Tough Questions From Senators Video of Pilots walking out of the Southwest Employee Rally
Take our listener survey!  It's a bank run, dummies! The SVB collapse is true corporate gossip catnip, and we couldn't resist bringing you this ~very special~ episode about the biggest corporate shitshow of the year (so far). Aaron Cohn, business professor and scorned ex-lover of venture capital, joins Becca to recap the bank's meltdown and subsiquent VC temper tantrum. Aaron is fresh off the plane from SXSW and ready to spill all the tea on venture capital. It's a little bit cringe, a little bit spooky, but mostly a good reminder to never trust a billionare and that NOTHING MATTERS ANYMORE :)  Support the pod by buying us a coffee Tiktok: @nitetoast  Website: corporategossippod.com Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com)  Produced by: Michael Albanese @bigmanmike Links:  The Incredible Tantrum Venture Capitalists Threw Over Silicon Valley Bank Silicon Valley Bank Fails After Run on Deposits EXCLUSIVE: Aloha suckers! Silicon Valley Bank's failed CEO Gregory Becker escapes to his $3.1million Hawaiian hideaway days after being fired, leaving the chaos of the collapse in the dust
Mar 17, 2023
Boeing Blows It
Take our listener survey!  Boeing is the quintessential american company. For decades it was the destination of choice for America's brightest minds in engineering. Pilots revered the institution, "if it aint Boeing, I'm not going," they'd often say. But by the turn of the century, Boeing's engineering supremacy was replaced with a relentless devotion to shareholder value. Passengers... you can kick rocks! Boeing execs have got a company to plunder in the name of shareholder value maximization!!!  Support the pod by buying us a coffee Tiktok: @nitetoast  Website: corporategossippod.com Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com)  Produced by: Michael Albanese @bigmanmike Timestamps:  9:30 The airline deregulation act: L or W? Becca’s take will SHOCK you! 16:30 Boeing catches shareholder value maximiziation-itis and Boeing fish starts to rot from the nose down 20:00 Boeing execs are giving big Dr. Evil energy 27:00 Capitalism Kills - the Boeing 737 Max Crashes 30:00 Boeing: “Shareholders are my main chick and the flying public is my sidepiece” 35:30 The FAA & Boeing are like the Abby Lee Dance Company and the Candy Apple Dancers 33:00 The aftermath of the Boeing 737 Max crashes Spoiler alert - Boeing leadership = Dickless losers and a rare Ted Cruz W 49:30 If life couldn’t get worse for the plane crash victims… here comes Tom Girrardi and all the other vultures 54:30 Latest updates on Boeing   Links:  Read Flying Blind: The 737 Max Tragedy and the Fall of Boeing  Watch Flight / Risk on Amazon  Report on Boeing 787 Dreamliner Battery Flaws Finds Lapses at Multiple Points Final report on Boeing 737 MAX crash sparks dispute over pilot error Boeing Reaches $200 Million Settlement With Regulators Over Its 737 Max Families of Boeing Crash Victims Can Challenge U.S. Settlement, Judge Rules Whistle-blower settles case (Gary Eastman)  House Committee on Transportation & Infrastructure members The Senate Subcommittee on Aviation Safety, Operations, and Innovation members   
Jan 16, 2023
Season 2 Trailer!
We're brewing up some hot Corporate Tea for you...  Season TWO of the Corproate Gossip Podcast is coming March 2023! Here's a sneak peak of upcomming episodes: Boeing, Southwest, Subway, Blackberry, McKinsey, HBO, Cesars, VW, Costco, Chobani and MORE!  Have thoughts on those companies? Have an idea for an episode? Send an email to becca@nitetoast.com THANK YOU for listening, rating, reviewing, and gossiping with us!  Follow us on Tiktok: @nitetoast