To a Senate Committee hearing looking at college ath lecks and athlete compensation. Live coverage on cspan 3. But in the institutions of Higher Education themselves, and then before that in 1929 a report from the carnegie education was being neglected and commercialism reigned. The ncaa had been formed to protect the safety of players and deal with corruption. Now, my second experience forming an opinion about the subject were talking about today came from my service of that Night Commission when i was president of the university of tennessee. Our Commission Recommendation was that University President s take charge, assert themselves, take charge of College Athletics, to take charge of the huge amount of Television Money it attracted and restore academic and financial integrity to the programs. As a result over the next several years academic standards became more stringent, Financial Support for student athletes increased, college presence asserted more responsibility for financial
College football starts in basketball and you get to root for your alma mater or the team yet come to follow and its a lot of fun. Its gotten to be really big business. There are billions of dollars gamble on College Athletics. Theres billions of dollars in revenue generated from College Athletics, and its all built around a model of amateur athletics. So the fact that a lot of people are making money off amateur athletics, the challenge is, trying to make sure that the Business Model is fair, what you do but the people watching play the sport without destroying the amateur nature of the game . Because most of the people on a College Athletic team, that will be the end of their athletic career in terms of getting compensated. They get scholarships, many of them do, and room and board of them go into the private sector and go on about their lives. But the College Athletic experience is something i want to reserve. There are many people get to share that experience who will not turn it i
Other sectors stepping it up. David that is what i am interested in this week is the u. S. Treasury issuance. We will have to borrow a lot more money. What you think that will do to the treasury market . Abigail today does not having much of an effect. Last week there was a big selloff. On the corporate side, there has also been a ton of issuance. It seems as if the markets are absorbing that supply. Lets see whether that continues. Certainly helping today, one sector that is doing quite well, the Health Care Sector outperforming, especially biotech. Cardinal health put up a good quarter, that has to do with druggist to big drug distributor, the fact they saw their sales boosted by covid19. Weve been talking about the gilead virus drug. It is a pitch scratcher it is a headed scratcher on that one. It lessens the time. It is not a game changer for the economy. A little bit of a popping. We will certainly be watching that debt issuance. That could help to break the tugofwar weve been see
At the Molson Coors Brewing facility in milwaukee goes on a rampage. Killing at least five people before turning the gun on himself. Blizzard warning. 14 states now bracing for heavy snow and wind sweeping across the country, causing dangerous accidents. Now parts of the northeast bracing for up to four feet. Ginger is tracking the storm. The new twist in the College Admissions scandal. The message discovered on ringleader rick singers phone. Could it exonerate Lori Loughlin . Missing sibling mystery. The new images outside their mothers home as she appears in court, and why investigators are now reportedly searching Yellowstone National park. And shark attacked. Real estate mogul Barbara Corcoran scammed out of almost 400,000. The phishing email that tricked her and her team and how to avoid falling for it. We do say good morning, america. Great to have you with us on this thursday morning. Happy to have tom with us at the desk. Busy morning. A lot of headlines. We do. Were going to s
A more stable and peaceful and prosperous middle east the kurds have risked a lot to stand with america to fight against our shared enemy weve had a great relationship with the kurds into we fought with them very successfully against isis we do not want to see turkey engage in office of action against the turks to tell it we have to distinguish between 2 things we have no problems with the kurds we have problems with terrorist organizations need to consume them a big fan of the president. Also coming up with the american football quarterback calling kaepernick his performance on the field has never been questioned his kneeling on the field well that kept him out of work is that about to change. I know that hes better than so many other these quarterback that are in the way now for the n. F. L. Can get past themselves a little bit. On the right side of things. Going to our viewers on p. B. S. In the United States and all around the world welcome we begin the day with turkish president t