Jubilation as the Space Program and a speeding,. This is deep and Scientific Understanding and captured the publics imagination. Im sarah harmon, welcome to the program. Friday sought a roller coaster ride for Deutsche Bank. Share prices on the frank for Stock Exchange after the bank reportedly reached an agreement to settle legal penalties in the u. S. And it looks like they will be paying significantly less than what is expected. The news agency afp says deutsche and the u. S. Government will settle on a 5. 5 billion payout. It might sound like a lot but the americans were originally demanding 14 billion for the german lenders role in the 2008 financial crisis. A big sigh of relief for the bank. The German Government. And perha people in general. For more, i will bring in our colleague from our business desk. Good to have you here breaking down the story. Give us context. How bad is this . The next Lehman Brothers or are they out of the woods . I dont think it is. Despite what they a
American dream, american greed, its a very provocative title everything today we are in for a real treat. Were going to try to have a very lively 30 minute discussion and then going to try to leave room for about 10, 15 minutes of obvious questions before we break, and we have a hard stop because of cspan2 today at 10 50. To kick us off, both of your books are so well conveyed and really so captivating, id like to ask each of you to kind of take us off with maybe a two to three minute elevator ride to the top. What are the major points in your books and what do you haver to say about them. Im going to start with bethany. Before i do, shaky ground is the title. Its very timely today come this week unfortunately japan is in the news again, a very severe earthquake. In 2011 i was in tokyo for the big earthquake there which touched off tsunamis in a Nuclear Emergency that they are still trying to deal with. 2008 our Global Financial system melted down. Eight years later bethany says were s
She coauthored the smartest guys in the room about the fall of enron, but more important than that, she actually foretold it a few years earlier when she started asking questions, is enron overvalued x is it transparent. Actually, when she says there may be another issue brewing, we probably ought to sit up and listen. To my left, ben strauss, hes written in depth on College Athletics, but hes really dived into the very rich and multidimensional Human Interest stories behind College Athletes and athletes around the world. Actually, hes got my sons dream job. Frankly, my dream job. So its really great to have you here, and thank you pote for coming both for coming to this years Annapolis Book festival. American dream, american greed, you know, its a very provocative title. And i think today were in for a real treat. Were going to try to have a very lively 30minute discussion, and im going to try to leave room for about 10, 15 minutes of audience questions before we break, and we have a
Think, in 2003. And they worked. They kept the country in a reasonably prosperous situation. One we dont see now. Guest i think they think the election of 19 2000 should have been thrown into the house of representatives. The Supreme Court majority basically ripped the election out of the constitution and cited it. I think it should have been thrown to the house paid host what chapter house. Host what chapter would you recommend republicans read from this book on jack kemp . Guest that is a good question. Really all you need to do is read the introduction. It is pretty long for an introduction to a book, but it really outlines what kemp did, why he did it, and what his career was like. And if you read another one called supplyside, it will help you. But there are so many others. Jack camp had this really kemp had this really interesting and exciting career. Guest i completely agree with fred. If you read if you read the introduction, i think you will continue reading the book because i
Accomplished cost house of representatives and subsequently hindered president s obama agenda, then that could be part of her legacy thats less positive. Host did you have a smile on your face or scowl . Guest i worked for a democrat. It was he was one of the democrats who did not lose, so it was more a sign of relief quite frankly. Almost every democrat was in danger of losing. It was a wave election. It was quite shock but curiosity. Now the republicans have a turn, lets see what happens next. Host what do you teach . Guest introduction to american politics, course, u. S. Congress, part of that course i have the students playing members of congress and get a bill enacted through the house of representatives and thats a great experience for myself and i get to play speaker. I also teach course called power and america, politics, learning about different aspects of power in the United States or interest groups, power of president , power of people, power of voters, those are some of th