110 lets start with how did you write this book and who did you write it for . I wrote the book in a nutshell because i could not understand originally why particular of Financial Services like tech casters and payday lenders were bad for people, why were they using them . In the course of my research which took a few years, i learned that banks were not really serving the low and middle class and i also realized that there were some good alternatives coming on board. I wanted to tell that whole story. Its the first book ive written thats not an Academic Book meaning, its accountable accountable for a wider audience. I wrote it for policymakers, for people who are working in the Financial Services industry, and ultimately, people like you and me who may or may not be happy with the consumer Financial Services that are currently using. Lets talk about what you mean by Financial Service providers. Lets level set on what that and why you call it alternative . I seen a Consumer Financial i
President elect trump. Reporter well, this is awkward. We had never met each other. I have great respect. Reporter after an hour and a half behind closed doors barack obama and donald trump set aside years of personal attacks saying they share a common goal now. A transition that insures our president elect is successful. Reporter the transition. Its a multimillion dollar project. The federal budget includes 9. 5 million to help donald trump take over the ra that pays for office space, transition staff, consultants, travel costs, government and charter aircraft, communications, printing and postage. We discussed a lot of different situations, some wonderful and some difficulties. Reporter we didnt get a lot of specifics. Staffers were not in the meeting. Despite the new cooperative tone, theres still bad blood according to president obamas press secretary. He said on monday froth is is temperamentally unfit to be commander in chief, uniquely unqualified. The American People decided. Th
It is a great honor to give this award to ebram. [applause] [cheering] i have some prepared remarks but i dont know how im going to open these up. Give me a second. Of course i would like to thank the judges and the National Book foundation. I would like to thank all of the co finalists and my family who is here. My mother and my father who from the moment i could see were reading books. I would like to thank my brother who for me represents the beauty of humanity and also my fatherinlaw. This book actually came out of a conversation that we had. I of course would like to thank my wife who spent many days listening to the early drafts and what always encouraged me and has always encouraged me to be my biggest advocate. I am truly thankful to be her partner in life. [applause] i of course would like to thank nation books. [applause] of course with challenging power, one book at a time. I would like to thank my editor who of course weve spent many hours talking and she o of coure be peev
Supposed to be, happy, pretty, pampered and without worries. Nearly the exact opposite of my life up to that point. I was done. I unpacked my entire room in less that an hour. I walked to the end of the hallway to jades room. She was still unpacking and in deep conversation about which things her mom would have to take back to new york with her. I returned to my room and flopped down on the belled. I had no television on the bed. I had no television or radio. I listened to the conversations through the paper thin walls. Did you see that little girl from california . Shes here all by herself. It sounded like jade. She was talking to her mother. I know, she said, thats so sads although i couldnt see her, i was almost certain she was shaking her head. He felt sorry for me. I drowned out the rest of the conversation. I couldnt take it. I focused on the green flower on my bed spread and blinked hard to push back the tears. I didnt want anyone to pass by and notice me crying. I sat there wor
Supposed to be, happy, pretty, pampered and without worries. Nearly the exact opposite of my life up to that point. I was done. I unpacked my entire room in less that an hour. I walked to the end of the hallway to jades room. She was still unpacking and in deep conversation about which things her mom would have to take back to new york with her. I returned to my room and flopped down on the belled. I had no television on the bed. I had no television or radio. I listened to the conversations through the paper thin walls. Did you see that little girl from california . Shes here all by herself. It sounded like jade. She was talking to her mother. I know, she said, thats so sads although i couldnt see her, i was almost certain she was shaking her head. He felt sorry for me. I drowned out the rest of the conversation. I couldnt take it. I focused on the green flower on my bed spread and blinked hard to push back the tears. I didnt want anyone to pass by and notice me crying. I sat there wor