Its been pretty much unstoppable today. No different. Dow gaining 22. S p up. The nasdaq up 2. 8 . There are reasons why the market moved up. You hear them all the time. The fed on hold, the dollar weaker, stress in the oil patch let up with oil going up to 40 perhaps saving billions in loans from going bad. All the positives do is allow the market to reveal what it really is. Thats an amalgam of thousands of stocks of companies with different prospects and valuations. I think that a lot of the big move has to do with the fortunes of individual companies and how many, many stocks may be worth more than where they are currently in value. Take this incredible tussle over starwood. This thing is amazing. Thats the hotel chain with 1300 properties all over the globe we liked a few months ago marriott bid 11 billion for starwood. A bid so low i was astonished the company would sell for so little. The board was under pressure from activists in a strong position to demand a sale. They owned a
Second week of february. Its been pretty much unstoppable today. No different. Dow gaining 22. S p up. The nasdaq up 2. 8 . There are reasons why the market moved up. You hear them all the time. The fed on hold, the dollar weaker, stress in the oil patch let up with oil going up to 40 perhaps saving billions in loans from going bad. All the positives do is allow the market to reveal what it really is. Thats an amalgam of thousands of stocks of companies with different prospects and valuations. I think that a lot of the big move has to do with the fortunes of individual companies and how many, many stocks may be worth more than where they are currently in value. Take this incredible tussle over starwood. This thing is amazing. Thats the hotel chain with 1300 properties all over the globe we liked a few months ago marriott a bid so low i was astonished the company would sell for so little. The board was under pressure from activists in a strong position to demand a sale. They owned a lot
Host here is another one of those many extraordinary pictures. We are seeing it on television as well. Men, women, and children from syria in afghanistan clinging to a dinghy sunday. And afghanistan clinging to a dinghy sunday. They are off the coast of greece. Im going to talk to david martin now from charlottesville, virginia. He is an International Law professor and a former judge deputy the former deputy counsel at the department of Homeland Security. The president has asked that 10,000 Syrian Refugees be brought to the u. S. As we start to look at that process, can you define for us first how the u. S. Looks at a refugee . What is the definition in u. S. Terms . Drawn byfinition is international treaty. A refugee is someone out his or her country of her origin and is afraid to return. The keyword is a wellfounded fear of persecution in their home country. That applies both to our overseas Resettlement Programs that we are mainly focusing on now, the people we select and bring to t
Said hearing will come to order. We will hear testimony on the nomination to read the undersecretary of the treasury and if confirmed would be the third undersecretary of the treasury with the responsibility for the office of tourism and Financial Intelligence the undersecretary reports directly to the secretary. This is responsible for executing for moneylaundering while overseeing enforcement of the constantly evolving sanctions program. Also receiving regulatory and enforcement opportunities such as the office of terrorism in Financial Crimes for foreign assets to control the office of intelligence and announce analysis and the Financial Crimes enforcement network. Mr. Szubin comes over 14 years of government experience. With the recent deal that is considered here in the senate. And to help assemble with the architecture gives the worlds leading state sponsor terrorism. Given the context it is important and timely. I appreciate your willingness to allow the nominee the acting treas
As the Deputy Assistant secretary of state responsible for our mexico portfolio, i want to assure you as my colleagues have that the safety and security of our colleagues in mexico are a top priority. I started my career in mexico city and would be proud to serve in mexico again. I would like to share with you the state department performs in mexicos border region. I will highlight the measures to enhance security in mexico through strong bilateral cooperation while ensuring safety along the u. S. Mexico board. The state department closely mpanies all threats to our diplomats and you and u. S. Facilities. Hey do their job in a flicting landscape. The Consular Services provided to americans in mexico and working in a challenging environment. At every step we work to ensure the security and safety of all american citizens but particularly our diplomatic colleagues in mexico. We remain vigilant and analyze new potential threats. Our embassy and our personnel meet with mexicos counterparts