We pride ourselves here at the library among other things on the timeliness and the relevance of our signature programming. Whether were holding forums on local issues or addressing emerging or hot button national topics. He didnt intend on the particular timeliness of tonights presentation. Christopher leonard was a busy man at the end of last week. Taking reporters calls and wrote a coup of oped articles after the death of david koch. Chris spent eight near in the the kochland, the place and the title of his book, pulling back the curtain on the extraordinary Business Empire and the potent Political Network that was put toth by the david koch and his older brother, charles, from their base three hours down the road in wichita. Anybody here had a chance to read the book yet . So, you wont understand but youll knee immediately when you get into it, as you get into it, what im talking about. Its daunting when you pick it up. Its 574 pages and thats before you get to the noteses appendix
Many of you saw the news early many of you saw the news early on monday when the new York Police Department decided to fire the Police Officer involved in the death of eric gardner. This is what the police had to say on monday about that decision. [video clip] being a police is one of the hardest jobs in the world. That is not a statement to. Licit sympathy, it is a fact cops have to make choices, sometimes quickly every single day. Some are splitsecond, life or death choices. Oftentimes they are choices that will be thoroughly and repeatedly examined by those with much more time to think about them than the Police Officer had and those decisions are scrutinized and secondguessed both fairly and unfairly. The officer went to bed thinking he would make choices and take actions during a routine arrest that would lead to another persons death. An officers choices and actions even made under extreme pressure matter. It is unlikely mr. Gardner thought he was in such poor health that a brief
While ago. A flat yuan on the session. Lets have a quick look at whats going on in the United States. A whipsaw of a session. S p 500 down once again. We were higher a moment ago. Down about half a percent. Chairman powell speaking at the jackson hole symposium. The 10year, not a lot of movement. There was some movement in soybeans. We had a big drop only got this china headlines to the effect that china is retaliating for u. S. Tariffs. Publishable soybeans now about three quarters of a percent lower. Crude went down we got those headlines that exporting crude will be more expensive for exporters. We are still down about 1. 9 on wti. Lets get back to fed chairman powells speech in jackson hole. Joining us is matt. I make point to President Trumps tweets for thanking the fed for doing a big nothing and saying it is unclear who the u. S. s bigger enemy is, Jerome Powell or chairman xi. Very strange tweet. Atmagine thats a topic jackson hole people are talking about. The president s infl
Look at the tenyear reaction. All of this on the eve of the big fed decision. Joining us is the chief executive officer for blackrock global fixed income. I know everybody wants to blame it on the brexit,ry, but the reality is the yield on the german bouund has been falling r 30 years so what does it tell you when the bonds of one of the biggest economies in the world are now a negative yield . So, first of all, i think youre right in terms of they have been falling for a while. Some of it is aggressive Monetary Policy and theres not enough bunds relative to what the ecb has been buying and that people use them to manage their risk and use them as hedges against credit, hedges against other sovereign risk so all of a sudden when theres a flight to quality you get the extreme moves that have created this dynamic today which, about by the way, bleeds into the u. S. Treasury market and other safe assets in the world today. Lets say its only the ecb or primarily the European Central bank d
Its the Biggest Company no one has heard of it almost every american probably comes into contact with a. But theres georgiapacific lumber like so many other products you are a consumer of the industries and it was an epic fight who is going to have the control of the company that the father started and the two that lost out are the ones you dont hear about. Host what do bill and fred do . Guest he started up his business of fossil fuels. It has call and gas. He has his company that had a different kind of coke and fred is a shy philanthropist who is very interested in the arts and gives money to all kinds of cultural institutions because the other brothers are splashy and like to get attention and david cokes is known to everybody in new york city because he is ablaze and on so many institutions but he likes to get attention for its where his older friend is quite quiet about it. Host when you refer to fred as artistic or you saying that hes gay . Guest i wouldnt say that i know becaus