You may realize 2020 marks a hundred years of the purpose driven business education. We believed in the power of a partnerships to inform and lead change. I would like to thank the cappelli center the cfa society of new york. The centennial series was designed to shine light on the merging and important trends one of the things that we had realized. Is it provides new insight into the current challenges that is disrupted and changed Business Models. Todays session focuses on the challenges that the leaders face and survived. As a scene in Nicholas Sargens latest book jpmorgans fall and revival. Im very proud to say that j. P. Morgan is a largest employer of the cappelli school of business graduates. Our session will take place in a few parts. He will introduce Nicholas Sargen and then they will discuss the fall and revival following the discussion david and i. Will facilitate audience questions. Near the bottom of the zoom screen. You will also be entered into a raffle to win the book.
Normalize relations between isra and the arab nations. Also middle east policy goals for t Biden Administration challenges posed by irannd the israelipalestinian conflict. Ladies and gentlemen, please welcome David Rubenstein come present of the Economic Club of washington, d. C. Welcome everyone, to our ninth virtual signature event of our 35th 35th season but its really not completely virtual because for the First Time Since covid has hit we are actually having live guests here today and its because its a special program and i want to thank our live guests for coming in at participating and a unique programor us because we have been doing everything virtual for almost nine months now i guess it is but our guests are here to talk out something very special, the Abraham Accords which assigned at the white house on september 15 with hea of each of these countries as well as President Trump eating there as the official host. Let me introduce our guess and i will make some announcemen aft
And getting there isnt even that expensive. At least not compared with the early days of manned space flight masters Apollo Missions of the 960. 00 s. Cost nearly 330000000. 00 euros a shot a space x. Round trip cost, a mere 43000000. 00. The economic boom in space is our topic today. Here on made the business magazine on t. W. Now long before space was recognized as a higher dimension for investors. People saw the universe as a mysterious and often menacing realm. It was the origin of asteroids that frequently blaze across the sky and sometimes even 4 to earth causing huge destruction. Now we know that these celesio chunks of rock are incredibly rich in valuable resources that are difficult to mine here on our planet. Forward thinking, entrepreneurs are looking beyond earth because a lot of it out there. Heres chris color on Mining Metals in space. That on the 15th of april 2013, an asteroid entered earths atmosphere over russia. It created a fireball brighter than the sun hankie and
I have the honor to serve as the dean of the school of business. 2020 marks 100 years of purpose driven in education since our inception we believe in the power of partnerships to inform and change and i would very much like to thank the center for Global Security analysis. And survived n and the latest book j. P. Morgans fall and revival how the wave of consolidation changed americas premier bank. Im proud to say j. P. Morgan is the largest employer of the schools graduates and i know many of them are on today. A few ground rules first president and ceo of the museum of American Finance will introduce Nicholas Sergeant and th the fall and revival following the discussion david and i will facilitate audience questions and ask that you type your questions in the q and a section and the speaker will do the best to answer the questions. As a participant. They will be notified by the end of the week and before i turn over to david to introduce, i want to take a moment to remind everyone th
Moo its biden versus trump trump stock, trump stock. Both of which are going in surprising directions. If you you thought the election is over, the president is trying to do an end run around the results and fighting tooth to nail today the dow lost 222 point [ screaming the s p 500 declined points at 8 . Nasdaq dipped 2. 2 hey. I know it didnt feel like it was so bad but if you were in the nasdaq except for a couple of names, wow. They crushed it. Why dont we start there with next weeks game olympian . On monday morning we are coming in and, sadly, im betting we pass the 200,000 mark. Thats right 200 thousa,000 thousand cases an the virus is hurting business. If not monday, tuesday, wednesday, a question of when, not if i know there is a sense that we have had a big vshaped recovery which is terrific. But our inability to stop the spread is putting a crimp on business orders and retail sales. Just yesterday, work day, reported a solid quarter we have the coceos on the show but they me