The fdic has the history in being able to do that. Clearly were in far better shape than we were. Of all the economies around the world the one thats doing the best is ours. It wasnt a miracle. It was because of hard work that we put in place here that allowed us to arent there unintended consequences such as the issues of market liquidity, for example . I do want to comment on one aspect of hansling. I was amazed to read i wish i had his ability to say ridiculous thing and be unphased by the potential reaction. He complained nothing has been done since the bill passed about fanny may and freddie mack. The man has been in control of the house of representatives. Hes chairman over the committee that has jurisdiction. Its the great republican myth. The republicans controlled the congress from 1995 to 2006 and did nothing about fanny may and freddie mac. We would have if we retained control worked on it in 2011. The republicans have been in control of the congress and the house certainly
Governor of [indiscernible] the former governor of boko haram . The governor of [indiscernible] president of counsel on africa. And ambassador to the United States of america. Distinguished ladies and gentlemen [indiscernible] friend of my big friend [indiscernible] i am requiring to [indiscernible] i was not surprised to meet him but i was surprised to meet his chief executive of the bank maybe it was brought by the executive of the bank. [laughter] distinguished ladies and gentlemen, let me begin by saying how pleased i am to be here tonight and to be treated to this elaborate dinner. By the Corporate Council on africa. We have so many captains of industry here tonight. I would like to commend the chamber. Four assembling these United States companies. They have taken me through their vision and activities in the nigeria. My intention here tonight is simply to bring a message of hope about my countrys future and opportunities for United States investors. Ladies and gentlemen, due to
In a natural relationship. But that being said, you dont want to create the government has a responsibility to the taxpayer to be fair and to be transparent. You have to do that. The question becomes how can you do that but at the same time give industry the flexibility to do what they need to do . I dont know there is a good answer which is why acquisition reform has been a buzzword for decades and continues to be something we continue to strive for and continue to struggle with. But i would say that is probably the hard problem of the century. But nevertheless it is something we have to continue to strive to get better because there is a balance between letting industry innovate and letting industry take responsibility and put goods into the hands of the war fighter that meet the war fighters needs and making sure that the responsibility to the taxpayer is upheld. So before i go, let me follow up with a specific question. Is there one word, based on your current understanding of wher
Good morning its thursday. We have another jam packed show for you. Lets kick things off with a look at the European Equity markets. We are fairly even steven. We are looking at a 0. 1 decline for the stoxx 600 this morning weve lost a bit of steam in todays trading session after three days of gains. Lets look at the european markets one by one the ftse mib in italy hanging on to some marginal gains elsewhere, the xetra dax, cac cac seeing small declines. We have plenty of data out today in the form of july retail sales, eurozone inflation and the ecb minutes. When it comes to the sectors, were seeing once again basic resources leading the charge up 0. 6 , this comes on the back of strong gains in that sector yesterday on the back of chinese construction spending. Today metal prices are flying once again lets come back to the big story of the day and of the week President Trumps two big Business Councils have been disba disbanded. The bosses of some of the top u. S. Corporates decided
Secretary clinton and president obama. And particularly as it relates to National Security and state department kind of issues. Two rivals in a primary who come together. An opportunity to get a feel for what was going on in washington, d. C. Where i work. Miked hayden, former National Security director, talking about the face of terrorism and its threat. It is called playing for the edge about his time at the cia. Same venue. Mostly history. Lincolns boys caught my attention and read it this summer. It is the story of john hay and john nick lay, two individuals the president met before being president in illinois. They came with him and it is the story of two young men working in the Lincoln Administration during the civil war and what happened afterwards in their life. I like to read history. Less interested in the battlefield and more interested in the people that serve in that capacity. Probably my Favorite Book of the summer has been hamilton. Ron sheridan is a great author and i