Im jamie colby. And today, im in tulsa, oklahoma. Im here to meet the son of a remarkably successful businessman and epic hoarder. File this under 80 years of grit and true metal and 40 acres of scrap metal. My name is john hemphill. In february 2016, my father passed away. He left me a Thriving Company thats a testament to his business acumen. He also left me a 3 millionpound headache that says a lot about my dad, too. I meet john in the lobby of hemphill corporation. And this was your dad. Yeah, this is dad. He started the business back in the 50s. And im running it now. Come on. Ill show you. As john drives me around the company, i come to understand the jekyll and hyde nature of his strange inheritance. These look like cell towers. Yeah, these are guide towers for wireless communication. And thats our Main Business now. But his dad built that business while indulging his industrialstrength urge for collecting. Big stuff iron, scrap metal, machinery. Things you cant squirrel away in
Because the Senate Just Passed another 500 billion bailout. Bailout, lets say of the last bailout. As we quickly ran out of money thats why the dow surged 457 points s p soared 2. 29 nasdaq 2. 81 house of pleasure Payroll Protection Program was supposed to be for Small Business, right . In the end a ton of that money ended up going too big businesses, Public Companies that was a back rub and sing i feel like a chump. I guess i should be more cynical about politics, just trying to help Small Business. However, if you ask me, that wasnt really the big story of whats going on. See, theres something bubbling underneath right now under the surface. And if anything, it makes me want to be less cynical about corporate america. Thats right corporate america. See, this market is rewarding businesses that have foresight and originality and most importantly, heart i dont want to sound too sappy, i dont know how else to put it. The stocks of good corporate citizens are thriving here mark benioff,
Supply, reigniting concerns to geopolitical risk. An barrier, billionaire Money Managers Led Hedge Fund gains in the industrys best performance in a decade. Plus, is that the Tipping Point . Politicians and executives dissent on davos, a debate on whether the biggest drivers of the global drivers economy are picking. Two in for a huge week on newsmakers at the World Economic forum right here on Bloomberg Television. We are just under an hour away from the start of cash equity trading across europe and the u. K. Lets look at where futures are pointing us. Were looking at green arrows on dax, cac, ntt ftse futures. At cac features are unchanged right now. We see green arrows on ftse futures. U. S. Markets are closed for Martin Luther king jr. Holiday. Equity markets want be trading. But you do see futures pointing higher after a record close on friday. Oil jumped amid turmoil in libya. Caught in the crossfire of the nations civil war. Iraq temporarily halted work at an oilfield yesterday
Im jamie colby. And today, im in tulsa, oklahoma. Im here to meet the son of a remarkably successful businessman and epic hoarder. File this under 80 years of grit and true metal and 40 acres of scrap metal. My name is john hemphill. In february 2016, my father passed away. He left me a Thriving Company thats a testament to his business acumen. He also left me a 3 millionpound headache that says a lot about my dad, too. I meet john in the lobby of Hemphill Corporation. And this was your dad. Yeah, this is dad. He started the business back in the 50s. And im running it now. Come on. Ill show you. As john drives me around the company, i come to understand the jekyll and hyde nature of his strange inheritance. These look like cell towers. Yeah, these are guide towers for wireless communication. And thats our Main Business now. But his dad built that business while indulging his industrialstrength urge for collecting. Big stuff iron, scrap metal, machinery. Things you cant squirrel away in
[ bird caws ] im jamie colby, and today and im in the pocono mountains of pennsylvania on my way to meet an heir with a headspinning story that will take us back to 1970s manhattan, the era of punk rock, disco and wild parties at studio 54. My name is hugh hooper. Back in 2008, my brother hoop received a very strange inheritance. When he died three years later, he left one twice as strange to me. Hugh, hi. Im jamie. How are you doing, jamie . Nice to meet you. So great to meet you. You know, i dont come out of manhattan for just anything, but i heard your inheritance is way cool. It is. Its crazy. But you can keep manhattan. Ill take the country. All right. Lets see it. You wanna see it . Go ahead. Absolutely. Hughs strange inheritance is actually two separate art collections that belonged to two separate people. Heres some of the first, parked on the pathway outside his home. What is this . Well, this is hoops cars. They call this the musicmobile. Christmas albums, paul simon. [ playi