Process. Carol and we hit the red carpet to celebrate the bloomberg 50. Our annual list of those that have measurable accomplishments. But first, the biggest ipo, saudi aramco. Shares surge to a market value of 2 trillion. At the peak. Carol a culmination of a fouryear effort from the kingdom. We are in wanted to talk about this. A lot of questions. Now it is publicly traded and it is an ipo but it is only a small there ine, 1. 5 is out the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. Back to 2016er when the initially announced plans for the ipo, the plan was to sell shares of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on projects outside of the core energy industry. Theevaluation did valuation did not get close to what they wanted but it is a
To celebrate the bloomberg 50. It is our annual list of those 2019st of those whose accomplishments stick out. Jason but first, the biggest ipo, saudi aramco. Shares surge to a market value of 2 trillion. At their peak. Carol a culmination of a fouryear effort from the kingdom. A lot of questions. Now it is publicly traded and it it is an ipo, a publicly held company, but only a small percentage, 1. 5 is out there in the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. If you remember back to 2016 when they initially announced plans for the ipo, the plan was to sell shares of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on projects outside of the core energy industry. The valuation did not get close to what they wanted but it is attracting Internati
The need to have a fair trial in the United States senate. And its especially necessary when you have mr. Mcconnell, senator mcconnell quoted earlier saying publicly that he is not going to be an impartial juror. Even though thats what the oath will require. All the democrats in the senate are so impartial, we know. Meanwhile ted cruz has a different view. Surprisingly he said all you just heard is a bunch of blank. I think this is a sign of weakness. I think this is a sign that she understands just how weak these articles are. These articles of impeachment that they actually voted on were really an admission of failure. For months, they had been promising all this evidence of chronic chemical activity. Theyve atomic quid pro quo, and bribery, then they heard the evidence and there is no evidence of it. Now on saturday President Trump said he likes the way every thing is playing out. Just kidding he hates it. They have nothing, there is no crime, there is nothing. How do you impeach wh
The need to have a fair trial in the United States senate. And its especially necessary when you have mr. Mcconnell, senator mcconnell quoted earlier saying publicly that he is not going to be an impartial juror. Even though thats what the oath will require. All the democrats in the senate are so impartial, we know. Meanwhile ted cruz has a different view. Surprisingly he said all you just heard is a bunch of blank. I think this is a sign of weakness. I think this is a sign that she understands just how weak these articles are. These articles of impeachment that they actually voted on were really an admission of failure. For months, they had been promising all this evidence of chronic chemical activity. Theyve atomic quid pro quo, and bribery, then they heard the evidence and there is no evidence of it. Now on saturday President Trump said he likes the way every thing is playing out. Just kidding he hates it. They have nothing, there is no crime, there is nothing. How do you impeach wh
Signal that the cell phones would give off detection. It didnt work. This is just a sample of more than 2 million worth of stolen stuff San Francisco Law Enforcement agents recovered in operation focus lens. It breaks your heart. Reporter heartbreaking because nearly all of it belongs to someone. Just the way rely on digital devices now having a lot of our personal things on there, having that taken away just is devastating. Reporter no el knows the feeling. Shes had her phone stolen twice. Now i just tuck it up in here. It usually works really well. No one can get close enough to me to get my phone and if they do, i will kick them. Reporter operation focus lens is unprecedented in terms of the level of cooperation by Law Enforcement and the dollar amount of what they recovered. What creates the incentive is if you can quickly turn whatever you stole into money. And a fencing operation makes that possible. Reporter 30 search warrants were executed turning up an electronic chop shop of