Im jamie colby. And today, im driving in the badlands of eastern montana. Its rugged, bigsky, cattleranching country. Im on my way to meet a lifelong resident whose father left him a chunk of this land. Nice to have you here. Thanks for having us. My names Clayton Phipps. And in 1997, my father passed away, and i inherited from him a small portion of the family ranch. And along with that came a few pretty exciting surprises. 41yearold Clayton Phipps is like a character out of red river or lonesome dove. [ horse neighs ] most of the time, im on my own. Im happy that way. This ranch had been in our family since my greatgrandfather homesteaded here. And its a part of me that i just didnt feel like i wanted to ever part with. Clayton grew up and learned to cowboy here on the ranch his father shared with three brothers. He describes the operation as cashpoor but reasonably successful. My dad worked us hard, but that was a good thing, too. After claytons father dies in 1997, the ranch is spl
Club. I want to take a second might be going to please silentio cell phones. We will be recording audio and video so thats a great incentive to try phones, and also to ask questions with open the floor up, theres a standing mic here in the middle when we do that after the talk here following the talk and the questions there will be assigning. We have books available behind the register. After the talk if you want to get up and purchase book and come back david would be more than happy to sign the. Finally after everything is said and done if you could collapse futures pictures about them up against a surface, that would be greatly appreciated. Thank you. Tonight i have the pleasure of hosting david unhra, plaintiff entered at New York Times. He previously was a reporter and editor at the wall street journal in new york and london. Before that he was journal of European Banking london and has won numerous journalism awards including the 2016 award for feature writing. He is the author o
There is a skinny microphone for when we do that. After david talks. Following the talk and questions there will be a signing there are books available behind the register purchase your book he will be more than happy to sign them and finally if you could pop the chairs up against a surface that would be greatly appreciated. We had the pleasure of posting david enrich who previously was a reporter and editor for the wall street journal new york and london and the journal reporter winning the 2016 award as a journalist in previous the author of spider network. And Deutsche Bank and the epic trail of destruction and the tragic case to illustrate the global face of the financial malfeasance please help me to welcome david enrich. [applause] hello. I have had the pleasure of doing a lot of book events over the past years and then see like this i am not kidding six people in the room. [laughter] so this is awesome i will take out my phone and just take a picture. [laughter] because my wife
And its opening up a host of opportunities for all sorts of what one might call green dealings a Carbon Neutral e. U. Too bad europe did away with so much of its forests long ago today we know that trees are important for soaking up c o 2 so it seems crazy that the forestation is rampant in places like brazil and indonesia some of the most beautiful places in the world maybe all is not lost though let me introduce you to a former investment banker whos now fighting to preserve the rain forests of borneo. You this tropical rain forest has stood for millennia but human beings would need very little. Time to destroy it driven by the desire to make money. From my daily life its just like any other bankers who came through or i was actually doing real estate underwriting so we do a lot of deals lending money to. Companies and thats what i do making out to make profit everyday from a typical banker perspective. Does so hard tonneau is heading out to his rain forest in borneo it covers an are
Governments around the world pump cash into the Financial System the president promised a large stimulus package, including direct payments to every american and boeing and u. S. Airlines, a Financial Aid package for billions of dollars as the treasury secretary called the situation worse than 9 11. Steve liesman has the latest from the fed Kayla Tausche is tracking the fed response from washington much more from her as you just heard. Lets start with you, mike, on the key market levels. We just bounced off a key market level, wilf s p 500. We closed yesterday about 1 above that december 2018 closing low about 2351 we spent very little time under the 2500 level now what this is, i would call it a very modest bounce, given the destruction that we saw in recent days. I think you can make the can case between thursday to monday you had a multistage capitulation process we should be bouncing on a tuesday after a washout monday right now looks okay but not so decisive were down 30 from the