Vice president rble running mate is popular with some conservatives for her vo sitroyals opposition to with the obama. How much will sarah palins endorsement help donald trump . To Susan Ferrechio and welcome. Susan i think a palin endorsement is going to neither help nor hurt him. I think trump is a rising star on his observe merit with the conservative base and with republican voters. It may help bring in some of the evangelical vote, what is what he needs right now inive. In that sense she may help but he is rising ahead of the pack so far nationally, its not going to have a huge impact on eleanor i think its a sortterm appeal for iowa. She does have some following among the evangelicals. Lets remember, she helped destroy what little chance john mccain had of becoming president because as a Vice President ial rung meat she had zero credibility. And i think if trump continues to talk about how shell play a role in his administration, thats not going to help him in if he does win the
History bookshelf airs on american tv every weekend this time. In july of 1944, representatives of 44 nation met in Bretton Woods, new hampshire. Up next, author benn steil profiles the two people who most shaped the system. This 2013 event was hosted by the council of relations in new york city. It is about 30 minutes. Thanks for the kind words bob, and anything you can do to keep up the buzz about the kern currency wars is much appreciated. One of the driving motivations of Bretton Woods conference was to eliminate currency war, those directed against the United States and the u. S. Dollar. In fact, Harry Dexter White the righthand man at bretton words briefed the organization before they went into battle at Bretton Woods. Told them the Monetary Fund he was determined to set up was designed for a special purpose and that purpose is to prevent competitive depreciation against the u. S. Dollar. In order to do that, they were going to create a system of Exchange Rates that would be sust
But we begin with the war on conference. The research conference. Novartis stock is up about 12 this year. But what exactly is this new treatment . What does it mean for those with cancer . Meg terrell got an exclusive tour of the manufacturing plant. Meg, run us through. Mandy, thats right. It sounds a little like Science Fiction but its close to becoming a reality. All you need to know is its a form of immune owe therapy helping your own immune system fight cancer. It will help patients with leukemia that stop responding to other treatments. It takes a patients t cells out of their body manipulating them in the lab so they better attack cancer and reinfusing them. This requires a whole new way of manufacturing because each patient gets a personalized treatment. We visited the new plant in Morris Plains new jersey to see how it works. They have a system of tracking a patients cells all the way from the hospital where theyre being treated to the plant. Similar to air traffic control. T
But first lets get you up to speed on other stories. Joe was talking about apple. It has been a rough ten weeks for the most valuable u. S. Company. Shares tumbling more than 6 yesterday shedding 35 billion of market value. Among the reasons cited by analysts, a forecast by an Influential Research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. There were also unconfirmed reports that at least one major stock Clearing House was raising margin requirements. And then theres the fiscal cliff. Analysts citing fears about a hike in Capital Gains tax in 2013. Rick santelli has been talking about this, though, the things that were up in 2012, those are the things being sold now, whether that be gold or any number of assets that rose appreciably over the course of the last year. Well be talking about the future of apple and the outlook for its stock a little later this morning with Jonathan Geller of the boy genius report. Good old b
So that we can be compliant Going Forward and as the chairman said any business we do with any u. S. Client is done on a completely compliant aces. Again you have reported or certainly in our reports we see the size of u. S. Banking assets and credit swiss. Do you have any u. S. Assets in total in switzerland . I dont know if we do. I dont think we do have that estimate. U. S. Citizen assets in suisse banks i dont have that on hand. No further questions at this time. Thank you very much senator johnson. Lets go to just a few facts to set down very firmly. Of the 22,000 banks the customers that you had in 2006 after you did required a showing of compliance with their u. S. Tax laws and we talk about u. S. Customers, 18,900 of those accounts were closed and today there is about 3500 that you have determined are in compliance. Are those numbers correct . Those numbers are correct as of today but i would like to add that in total we have breathed youd been verified Tax Compliance of of whi