Front line n. H. S. Doctor and dodgy tells us why clapping and charity for Britains National Health Service is just not good enough all the more coming up in todays going underground but 1st last time there was an economic crash major nations bailed out the rich this time around how can we stop the one percent from exploiting coronavirus to enrich themselves at the expense of the rest of us someone who predicted the 28. 00 crash was economist dean baker hes the cofounder of the center for economic and policy research and he joins me now via skype from utah in the usa thanks so much dean for coming on millions with coronavirus hundreds of thousands killed do you see some policymakers actually using cove it to pour money into Financial Services theres been 645000000000 of q. E. Just here for the city of london certainly that is the case and i just try to be a little fair to them in the sense that i think it does make sense for them to try to maintain stability in Financial Markets so tha
Front line n. H. S. Doc dash of american dodgy tells us why clapping and charity for Britains National Health Service is just not good enough all the more coming up in todays going underground but 1st last time there was an economic crash major nations bailed out the rich this time around how can we stop the one percent from exploiting coronavirus to enrich themselves at the expense of the rest of us someone who predicted the 28. 00 crash was economist dean baker hes the cofounder of the center for economic and policy research and he joins me now via skype from utah in the usa thanks so much dean for coming on millions with coronavirus hundreds of thousands killed do you see some policymakers actually using cove it to pour money into Financial Services theres been 645000000000 of q. E. Just here for the city of london certainly that is the case and i just try to be a little fair to them in the sense that i think it does make sense for them to try to maintain stability in Financial Mark
Just here for the city of london certainly that is the case and i just try to be a little fair to them in the sense that i think it does make sense for truth to try to maintain stability in Financial Markets so that money is being way thats not being given so theyre doing a lot of things that i think are much more pernicious for example the United States they passed a tax cut that be 170000000000. 00 over the next decade 17000000000 a year to the Real Estate Industry that literally has nothing to do at least nothing that i or anyone else could think of has nothing to do with that and so this all goes to the very wealthiest people in the country 17000000000 a year for things have nothing to with the pandemic is it a bit like top. Back in 20 us yeah it is like tarp i mean tarp in again i dont want to defend tarp at all but you know that was at least directly connected to the financial crisis these were banks i mean to my view many most them should be allowed to go under and they were bai
The camp is home to people including a province. Powered by our journalists and 150 news bureaus around the world. Emily this us bloomberg west. First Quarter Report card is out and how the Payment Company tends to fend off competition. Nap chat ries about and where he thinks new media is heading. A evolution, the founder of the academy. First to our lead. Shares down as much as 16 despite the First Quarter revenue. And ues was 739 million investors are disappointed in that loss. What does the c. E. O. Need to show wall street. C. E. O. A former what would you pull out herement here . And there was some commentary preceding the nd financial statement. And Challenging Market conditions. Square in the way they extend edit to Small Businesses and 154 million. Take that credit and sell it to investors. And dont have that the credit risk. And very attractive to investors. Challenging Market Conditions and couldnt sell the paper during the quarter as quickly as they wanted to, and that is a
The local businesses that with some shoppers who we caught up with today say its an even bigger blow to the area after me sees announce that theyre closing their chesapeake square mall location. Its nine and now i think everythings going out in another direction that means that other businesses because theyre larger anchor stores in the smaller businesses are to be able to probably make it even Smaller Stores both mom and pop in a retail chains according to clerks who work at the American Eagle store inside the mall their store is next to go will be close by january twenty fourth its gonna be another om mississippi go back that far but its sad to see that the buildings vacated the people believe in this area we reached out to chesapeake square mall in Management Team asking them what their plans to fill the empty store friends inside the mall as they did they issued this statement basically told us that they will continue to be a popular shopping spot things to stores like jc penney an