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Team Favorite: You Never Think About Your Car’s Catalytic Converter—Until Thieves Saw It Off

Team Favorite: You Never Think About Your Car’s Catalytic Converter—Until Thieves Saw It Off

FromBig Take


Team Favorite: You Never Think About Your Car’s Catalytic Converter—Until Thieves Saw It Off

FromBig Take

ratings:
Length:
33 minutes
Released:
Jan 4, 2024
Format:
Podcast episode

Description

We're taking a break this week, here's an episode you might have missed.
Catalytic converters are a vital part of emissions reduction in gas-powered vehicles. But that’s not why they’ve been making headlines. Thieves across the US have been sawing them off cars because they contain precious metals like platinum, palladium and rhodium. Bloomberg Businessweek contributor Evan Ratliff is here to tell the tale of a $500 million catalytic converter theft ring—and how local police departments and federal law enforcement brought it down.
Read more: How Cops Cracked a $500 Million Catalytic Converter Crime Ring
Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK 
Have questions or comments for the team? Reach us at bigtake@bloomberg.net.
This episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers Michael Falero and Mo Barrow. Sound Design/Engineer: Raphael Amsili.See omnystudio.com/listener for privacy information.
Released:
Jan 4, 2024
Format:
Podcast episode

Titles in the series (100)

Each weekday, The Big Take brings you one story—one big, important story. Host Wes Kosova talks to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what’s happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology—we cover it all on The Big Take.