David cuomo confirming that he has in fact been working behind the scenes over the past weeks to try to lure the tech giant back to manhattan making a personal plea to jeff bezos, reportedly guaranteeing support for the project, support that they didnt have, from very vocal critics, led by congresswoman alexandria ocasiocortez that of course is the first time around the governor is saying today that there are other ways that the state can get it done that could bypass these critics and so far amazon has shown no sense that they will reconsider, after being driven out of town, at this point, is this just embarrassing . Should new york just let all this go . What do you think . Well look, i think its a little bit embarrassing but i can understand after the crime weve been talking about for a couple weeks how disastrous this was for the economy of new york. Its not a killer, but look, they gave up millions of dollars in potential great jobs, a boom to that part of the new york city which
David cuomo confirming that he has in fact been working behind the scenes over the past weeks to try to lure the tech giant back to manhattan making a personal plea to jeff bezos, reportedly guaranteeing support for the project, support that they didnt have, from very vocal critics, led by congresswoman alexandria ocasiocortez that of course is the first time around the governor is saying today that there are other ways that the state can get it done that could bypass these critics and so far amazon has shown no sense that they will reconsider, after being driven out of town, at this point, is this just embarrassing . Should new york just let all this go . What do you think . Well look, i think its a little bit embarrassing but i can understand after the crime weve been talking about for a couple weeks how disastrous this was for the economy of new york. Its not a killer, but look, they gave up millions of dollars in potential great jobs, a boom to that part of the new york city which
Boards of apple and unilever. And shes taken on a new challenge, chosen to be ceo of Grameen America, where she has already distributed 750 million in microloans to nearly 100,000 less fortunate women, continuing her quest to ensure women have every opportunity to succeed and to lead. On bloomberg big decisions, andrea jung. Andrea jung, welcome to bloomberg big decisions. Great to have you here. Andrea great to be here with you, david. David youve spent much of your career in Consumer Retail business. What drew you to that . Andrea its an interesting thing. I got out of college. I thought i wanted to be a journalist. That didnt pan out, so i went into a Training Program in merchandising at bloomingdales in those days and worked my way up, and had a passion for brands, merchandising, and that led me through a pretty long career all the way up to avon. David having spent time at senior levels, what intrigued you . What made it interesting to work that long and hard . Andrea it came toge
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Many people dont know what the imf actually is. Christine the International Monetary fund was set up 75 years ago by 44 men who decided that david no women . Christine there was no woman in those days. So 44 men in 1944 on the eve of the end of the Second World War with a view to avoiding Major Economic crisis, major instability in the world, which in their view led to the war. So that is the intention. David where do you get your money . Christine from all the membership. Every member, 189 members, they they member contributes to financing of this common pot. David it seems to be an informal understanding that the world bank would be headed by an american and the imf by a a european. That has been the case ever
Yesterday was so prophetic, it was taken badly by the market. It was not as dovish as people thought. It was a dovish hike. Not as dovish as the market had discounted 10 minutes ago. That is a fairly dovish signal from the fed. Three months ago, he was talking about he was quite hawkish, and then became more dovish. Yesterday he was both. I didnt interpret the Statement Today as nearly as hawkish as Market Participants seemed to think. Dovish on Interest Rates but hawkish on the Balance Sheets. The fed actually seemed quite bullish on growth. He did not deliver an early christmas present. But became a little more dovish at the same time. To some extent, the point seems to be lost on the markets. To underscore the dovishness, the market reaction, it is going to try to be more dovish. In the face of all the high uncertainty, the rule should be we pause. All he had to do was say that and markets would be at ease. Jonathan joining me around the table here in new york is george gonclaves, s