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Numbers from $400m to $200m are floating around online. Today, we'll make sense of them, chart the course of Concord's development, and discover the real business model underpinning this entire disaster.

00:00 Unpacking Concord
00:35 An Explosive Claim
01:42 Protection
03:46 The story that isn't being told
07:22 A rollercoaster year
09:28 A $400m question
12:14 The real business model