{"podcast":{"title":"The Invisible Hand","slug":"the-invisible-hand-7719857","podcast_index_feed_id":7719857,"rss_url":"https://feeds.megaphone.fm/PODAGEN6867737009","website_url":null,"image_url":"https://megaphone.imgix.net/podcasts/ecd55da6-0690-11f1-8a35-87d682d10069/image/bd2556a194f47efd83996cc639d08bec.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Emma Reid","episode_count":232,"summary":"Economics isn't boring when Emma Reid explains it. This former Wall Street finance analyst quit her corporate job after watching too many people get scammed by get-rich-quick schemes, including her own father who almost lost his retirement to a pyramid scheme. Now she breaks down everything from inflation to interest rates using stories from her small-town grocery store and her neighbor's questionable crypto investments. Every day, Emma takes one economic concept and makes it make sense. Monday might be why gas prices actually work the way they do. Tuesday could be the real reason your mortgage rate just jumped. She's not trying to make you an economist, just someone who can spot financial BS from a mile away and make smarter money decisions. You'll get the kind of economic education they should have taught you in high school but didn't. No textbook jargon, no boring theory, just practical knowledge you can use when your bank tries to sell you a new credit card or your brother-in-law pitches his latest investment idea. Follow now for daily episodes that actually explain how money and markets really work. New episodes every day—follow now!","last_synced_at":"2026-07-31T16:18:06.182989+00:00","page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857"},"episode":{"title":"How CEO Failure Gets Rewarded: The Broken Board System Explained","slug":"how-ceo-failure-gets-rewarded-the-broken-board-system-explained","published_at":"2026-07-29T19:30:00+00:00","page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857/how-ceo-failure-gets-rewarded-the-broken-board-system-explained","show_page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857","url":"https://traffic.megaphone.fm/PODAGEN6874127476.mp3?updated=1776261637","audio_url":"https://traffic.megaphone.fm/PODAGEN6874127476.mp3?updated=1776261637","summary":"Why do failed CEOs always land bigger jobs? Emma Reid breaks down the broken board system that rewards executives for running companies into the ground. Here's what sounds completely backwards: CEOs who get fired for destroying shareholder value earn 30% more at their next company than CEOs who leave successful firms. It's not a bug in the system, it's the feature. And once you understand how corporate boards actually work, you'll see why your retirement fund keeps getting crushed by the same executives over and over again. 🎯 What You'll Learn: • Why 75% of board members are former CEOs protecting their own (and creating a rigged hiring system) • How executive search firms recycle the same 2,000 candidates for every Fortune 500 opening • The real reason CEO median tenure is under 5 years but they keep getting rehired • Why \"experience\" beats results every single time in boardrooms 👤 Perfect for: lifelong learners and anyone passionate about personal growth who wants to understand why their investment portfolio keeps getting wrecked by the same failed leadership. 📍 Chapters: [00:00] Emma Reid introduces the CEO failure reward system [01:30] The shocking 30% pay bump for fired executives [04:00] How corporate boards became CEO protection rackets [07:00] Inside the 2,000-person CEO recycling program [10:00] Why boards pick \"safe\" failures over risky success [12:00] What this means for your 401k and how to spot the pattern 🔔 Never miss an episode: Follow The Invisible Hand on Spotify and turn on notifications. New episodes drop daily, your next favorite insight is one tap away. 🔍 Topics: CEO compensation, corporate governance, board of directors, executive failure, Fortune 500 leadership Get new episodes at The Invisible Hand ------ Keywords: mortgage rates, business analy…","meta_description":"Why do failed CEOs always land bigger jobs? Emma Reid breaks down the broken board system that rewards executives for running companies into the ground. H…","key_points":[],"chapters":[],"topics":[],"duration_seconds":961,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-invisible-hand-7719857/episodes/how-ceo-failure-gets-rewarded-the-broken-board-system-explained/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-invisible-hand-7719857/how-ceo-failure-gets-rewarded-the-broken-board-system-explained.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}