This week: We got more details on the <a href="https://nymag.com/intelligencer/article/syep-scam-atms-teenagers-nyc-17-million.html?ueid=4bcd72adc8f84a0177e2c411fb85cba7&utm_source=Sailthru&utm_medium=email&utm_campaign=Dinner%20Party%20-%20August%2015%2C%202025&utm_term=Subscription%20List%20-%20NYM-Daily">ATM scam that swept New York City</a> thanks to a teen summer job program and an infinite money glitch last month.  <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck">Emily Peck</a> discuss the mechanics of the scam, the fallout for the many parties involved, and the tragic irony that a program meant to teach teen financial literacy led them straight into a harsh real world lesson. Then, Yieldstreet is part of a growing trend of startups that want to democratize private investing but it’s not proving to be a great bet. The hosts discuss the economy of private investment and ask whether or not it's a good idea to make it more public. And finally, the Wall Street Journal published an opinion piece from a 22-year-old about how you should <a href="https://www.wsj.com/opinion/work-life-balance-will-keep-you-mediocre-25bdf073?mod=hp_opin_pos_1">sacrifice your youth to get rich</a>. What’s the real value in trying to become a “thought leader” with pieces like this?
In the Slate Plus episode: 
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Podcast production by Jessamine Molli and Cheyna Roth.

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