The hotline. Could you give us a sense, director, a ballpark figure is fine, about how many of those complaints were resolved to the Consumers Satisfaction . And how much consumers have recovered financially through this process. Yeah. And ill say the arc of Consumer Complaints continues to increase in terms of volume. I believe thats a function of theres still a lot of lack of visibility. People dont necessarily know what the cfpb is and will know over time, i hope. I hope theyll see that were providing value to them. Thats what we aim to do. I think we had Something Like 700 and some credit card complaints in our first month, and were up to about 25,000 complaints per month across the entire range of Financial Services. What happens then is we give the consumer a chance to tell us whether they were satisfied with the resolution of their complaint or, if not, what they continue to be concerned about. And we then prioritize issues for further investigation or perhaps enforcement action
And you have good reason, rocky, because the vix is doing something funky and could spell trouble for stops. The action starts right now. Well get right to it because one area struck fear in the hearts of the traders today and that would be the energy. Exxon hitting a oneyear low on records. The question is now, are big dividends still safe . Well get in the money and see what brian kelly says. This is a rare appearance, so rare, in fact, you forgot to take off your tie. I didnt have time. Listen, i do think the dividends are a danger. Particularly with the big exxon and chevron, those types of things. Over the next 18 months theres time to buy these. Its not right now. We saw oil price increasing. I dont think saudi arabia is going to increase. The increase in production the around 2 Million Barrels a day. So that is obviously a huge problem. You pointed out the rate cut issue, theres a couple things that could impact the dividend, not the least of which that the Oil Companies are mak
Rocky, because the vix is doing something funky and could spell trouble for stocks. The action starts right now. Well get right to it because one area struck fear in the hearts of the traders today and that would be the energy. The sector had a recordbreaking 13 straight weeks of losses exxon hitting a oneyear low on records. The question is now, are big dividends still safe . Well get in the money and see what brian kelly says. This is a rare appearance, so rare, in fact, you forgot to take off your tie. Well start with you. I didnt have time. Listen, i do think the dividends are a danger. Particularly with the big exxon and chevron, those types of things. Over the next 18 months theres time to buy these. Its not right now. We saw oil price increasing. That means Oil Production is increasing. I dont think saudi arabia is going to cut, i see oil in the 30s easily. The increase in production the around 2 Million Barrels a day. So that is obviously a huge problem. You pointed out the rat
Have red arrows pretty much across the board and wti crude, right about now you can trade it for 48. 49 here are the big stories were watching Warren Buffetts Berkshire Hathaway was outbid for oncor. Senpra will buy it for 9. 5 billion in cash. Hedge fund Elliott Management which is the biggest creditor to oncor had opposed the sale to berkshire and arguing that it undervalued the company. Berkshire said it would not raise its offer. In another deal, maersk agreed to sell its oil unit to total for nearly 5 billion. The transaction is the latest sign of consolidation in the oil and gas industry which has been dealing with a do you know t. U. R. Tur downturn the deal is still subject to rely laer to approval. And jeff immelt has become the frontrunner to take the helm as ceo of uber the report says ubers board is expected to vote in the next two weeks. I immelt has the report of several directors. Developing story, ten sailors are missing, five injured after a u. S. Warship collided with
Are on this planet, you you can watch this fight. Francine good morning. This is bloomberg surveillance. We are getting breaking news out of germany. The Current Assessment for ifo, 1. 2416. This is the latest figure we got. We will bring you any breaking news. We will be speaking to the president of the ifo institute. In the meantime, this is the picture i am looking at on your asset markets. We are seeing a little bit of pause. A lot of currencies, a lot of stocks are drifting a little bit before janet yellen take to the states. Conviction inuch a lot of these european stock trading. This is what we are seeing overall. The euro falling. There was a little bit more Decisive Action in commodities where most Raw Materials climbed. 48 below 40. Thats get straight to the bloomberg first word news. Convictedlee has been of bribery, perjury, and embezzlement and sentenced to five years in prison. He was found guilty of conspiring. He says he will appeal the verdict. Hurricane harvey has str