Behind The Money

A brand new season of Behind the Money with the Financial Times is coming in early 2020. Subscribe now so you don't miss an episode. For information regarding your data privacy, visit

Earlier this year, Facebook announced its digital currency project, Libra, to great fanfare. Just a few months later, the project has stalled amid pressure from regulators and lawmakers around the world. With the FT's Hannah Murphy and Kiran Stacey. Further reading: Where it all went wrong for Facebook’s Libra: 

A key short term lending market came under strain in September, raising concerns that the Federal Reserve's attempt to unwind post-financial crisis intervention may have gone too far. The FT's Joe Rennison explains what has been going on in the repo market.  Further reading: How the Federal Reserve could fix the repo market:

WeWork was long considered one of the most anticipated IPOs of 2019. For SoftBank, WeWork’s biggest outside investor, the listing would be the moment it made a return on the nearly $11bn it poured into the shared-office provider. Now, as WeWork struggles to take the company public, the spotlight is on SoftBank’s Masa Son and his billion-dollar bets. Further FT reading: SoftBank investors brace for Vision Fund writedowns

The purpose of the US corporation has evolved over time, from Henry Ford's mission to benefit the carmaker's employees to Milton Friedman's essay on shareholder primacy. The FT's US business editor, Andrew Edgecliffe-Johnson, reports on the latest thinking, this time from America's largest business lobby, the Business Roundtable.  Read more on the idea of sustainable investing at ft.com/moralmoney For information regarding your data privacy, visit