Seduction begins at an MGM sponsored orgy at the Ambassador Hotel, as told through the eyes of one of the attendees, a young female screenwriter named Frederica Sagor. Sagor would go on to pen one of the frankest memoirs of 1920s Hollywood, revealing the systematic sexual exploitation of women in the film industry by men like Marshall Neilan--one of Howard Hughes’ early mentors. Frederica’s story also details how tough it was for a woman to hold on to power behind the scenes in the film industry as Hollywood evolved.
The renewed volatility on Wall Street has many wondering whether the worst of the pullback is over, or if tough times are just beginning. In this week's podcast, the MoneyBeat crew dissects the big moves in stocks, bonds and oil and offers predictions for what's in store for the rest of the year.
Stephen Wilmot joins Miriam Gottfried and Ken Brown from London to discuss how Tesla and BMW may be the U.S. car industry's unlikely patriots. Then, Aaron Back talks about why big banks have emerged as the biggest winners in the credit-card rewards arms race.